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Starbucks Investment Opportunity

719 W Main St Farmington, NM 87401

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Overview

  • 10-Year Corporate Net Lease
  • Minimal Landlord Responsibilities
  • Grand Opening: February 23, 2024
  • Household Income of $87,629 within a 5 mile radius
  • Visible to 20,298 VPD
  • Strategically located between Main St & Broadway, just north of San Juan Regional Medical Center with 2,000+ employees and 198 beds
  • Farmington services not only Farmington, but the surrounding towns/cities of Bloomfield, Shiprock, Aztec, Fruitland and Durango, CO

Attachments

King Capital Commercial Real Estate

For Sale

Retail
Investment
Sale Price
$2,571,429
Price Per SF
$1.1K/SF
Investment
Yes
Cap Rate
5.25%
Net Operating Income
$135,000
Building Size
2,331 SF
Acres
1.06 ac
Tenant
Starbucks
Floors
1
Year Built
2024
Vehicles Per Day
20,298 VPD
Average Occupancy Rate
100
Has Drive Thru
Yes
Nearest Highway
64
County
San Juan
Created
2024-04-30
Updated
2024-05-15
Listing ID
0c997d25

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