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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

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