1506 W BROADWAY PL

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1506 W BROADWAY PL

HOBBS, NM 88240
Asking Price
$950K
Asset Type
Flex Industrial
Class
Class B

What's Special

9,000 SF Industrial Facility | Dual 7.5-Ton Cranes | 480V Power | Drive-Through Shop <p>±9,000 SF total industrial and office facility</p><p>±6,000 SF main shop with two bridge cranes (7.5-ton capacity each)</p><p>480V, 3-phase heavy power service</p><p>Drive-through shop configuration for efficient equipment and vehicle movement</p><p>16' overhead door clearance</p><p>±1,800 SF support shop with two private offices and restroom</p><p>±1,200 SF dedicated office building</p><p>Professional reception area</p><p>Two private offices</p><p>Coffee bar / break area</p><p>Restroom facil

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NOI
$80,000
Cap Rate
8.42%
DSCR
1.42
Strong
Cash-on-Cash
8.28%
Monthly Payment
$4,700.082
Annual Cash Flow
$23,599.02

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