Active
Starbucks Investment Opportunity
505 E 20th St Farmington, NM 87401
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Overview
- 10- Year Corporate Net Lease
- Minimal Landlord Responsibilities
- Household Income of $93,741 within a 5 mile radius
- Rare infill location
- Across from Farmington High School and Shadow Grocery Anchor
For Sale
Retail
Secondary Uses: Free Standing, Retail-Pad
- Sale Price
- $2,455,415
- Price Per SF
- $1.9K/SF
- Investment
- Yes
- Cap Rate
- 6.15%
- Net Operating Income
- $151,008
- Building Size
- 1,294 SF
- Acres
- 0.6775 ac
- Tenant
- Starbucks
- Floors
- 1
- Year Built
- 2024
- Vehicles Per Day
- 14,130 VPD
- Average Occupancy Rate
- 100
- Has Drive Thru
- Yes
- County
- San Juan
- Created
- 2025-01-20
- Updated
- 2025-01-20
- Listing ID
- b30a8746
- Parcel APN
- R0022092