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1008-1012 Mills Ave
Las Vegas, NM 87701

$1,125,000 USD

Storefront For Sale  •  12,925 SF

Property Details

  • Property Type Storefront
  • Total Building Size 12,925 SF
  • Lot Size 0.93 AC
  • Building Class C
  • Year Built 2004
  • Cap Rate 10.11 %
  • Tenancy Multiple
  • Zoning GC, Las Vegas
0 Transit Score
49 Walk Score

Description

Arikat real estate and finance inc is pleased to offer to the market Valley Mills Center located in Las Vegas , New Mexico. This three tenant, retail strip center , all which are fully reimbursable triple-net leases., is anchored by Dollar General The center had a new TPO single seam(%75,000.00) roof installed in 2009 , and Dollar General upgraded their space at their expense. The center is masonry constructed.
Las Vegas ,New Mexico is located approximately one and one-half hours northeast of Albuquerque, New Mexico , it is the county seat of San Miguel County , Las Vegas is one of the oldest cities in New Mexico and rich with historical features , with over 900 buildings on the National Register of Historic Places.this is a nice local gateway and a small tourist destination only an hour drive east of Santa Fe.

Highlights

Heritage health care offers coordinated system of home care disciplines, there are currently 15 locations within the state of
New Mexico and Arizona , Heritage healthcare was founded to provide full service healthcare to patients and clients in their homes.

Property Flyers

Cap Rate: 10.11 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar General 8,125 SF 9/30/2025

Public Transportation

Commuter RailDriveWalkDistance
Las Vegas Amtrak Station (Southwest Chief - Amtrak) 3 min - 2.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes
Sam Arikat 415-336-9427 Arikat's Real Estate And Finance
Sam Arikat 415-336-9427 Arikat's Real Estate And Finance