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67K SF INDUSTRIAL/RETAIL BOX on 3.7+/- AC 1900 Highway 54 S 67,400 SF of Retail Space Available in Alamogordo, NM 88310
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 67,400 SF | Negotiable | $9.43 CAD/SF/YR $0.79 CAD/SF/MO $635,709 CAD/YR $52,976 CAD/MO | TBD |
1st Floor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 67,400 SF | Gross Leasable Area | 67,400 SF |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Freestanding | Parking Ratio | 6.22/1,000 SF |
| Total Space Available | 67,400 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 67,400 SF |
| Year Built | 1988 |
| Parking Ratio | 6.22/1,000 SF |
About the Property
- Flexible Building with 67,400+/- SF of Total Building Area on 3.7 AC+/- for Variety of Uses - Centralized Hub Serving Vast Regional Trade Area at Major Hwy Junction (70 & 54) - 27’+ Ceiling Heights Throughout, approx. 5,000 SF of Office Area, Mezzanine, and Two Dock Doors Along North side of Building with Ability to Accommodate More - US Highways 70 & US 54 Connect to Numerous Communities in SE NM - Strong Traffic Counts Along Both US Hwy 70 and US Hwy 54 - Large, Multi-Purpose Site is Easily Adaptable for Retail, Entertainment, Industrial, Institutional, Educational, Film-Related and/or Storage Uses - PRICE ADJUSTMENT - FOR SALE: $4,100,000 - FOR LEASE: $6.90 PSF/YR NNN (NNNs Estimated $1.50 PSF/YR) - Additional Opportunities Exist Within Entire 19.4 AC Site Include the Following: - Owner May Consider Demising 67,400 SF. Rates Will Vary. - Adjoining 10,000 SF Retail Strip Retail Building Available for Smaller User(s) - High-Profile Perimeter Pads Along State Road 54 Available - Abutting 9 to 11 AC Raw Undeveloped Land to the South Could Be Assembled for Future Development, Commercial, Industrial and/or Residential SEE BROKERS FOR ADDITIONAL DETAILS & PRICING
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
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67K SF INDUSTRIAL/RETAIL BOX on 3.7+/- AC | 1900 Highway 54 S
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