1016 Santa Fe Ave
1016 Santa Fe Ave Clovis, NM 88101
Overview
Fee Simple sale of Land and Building. This is an investment opportunity with United Rentals, Inc (NYSE: URI) occupying this location since 2013. United Rentals is a Fortune 500 company and the largest equipment rental company in the world. Revenues for United Rentals exceed $14 Billion annually and they have well over 1500 locations across the nation. Lease continues to 5/31/2028 and Tenant has two (2) additional periods of five (5) years each. There are annual rental escalations of 3%.
PROPERTY HIGHLIGHTS
Established Tenant at this location since 2013 (United Rentals, Inc) Excellent Land to Building ratio
Location is adjacent to Hwy 70 with good Ingress Egress to site Annual Escalations on Base Rent of 3% (Due to Increase 6/1/25)
Attachments
For Sale
- Sale Price
- $629,000
- Price Per SF
- $63.7/SF
- Building Size
- 9,881 SF
- Acres
- 1.67 ac
- Zoning
- C-2 Community Commercial Zone
- Zoning Description
- Commercial
- Tenant
- United Rentals
- Building Class
- C
- Floors
- 1
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 100%
- Warehouse SF
- 13,179 SF
- Nearest Highway
- Highway 60
- Nearest Airport
- Clovis Regional Airport - 6.7 mi
- County
- Curry
- Created
- 2025-03-19
- Updated
- 2025-03-22
- Listing ID
- 9dd54183
- Parcel APN
- 121201008628700