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Investment Highlights

  • Annual Rent Increases
  • Dynamic Tenant
  • Economic Drivers
  • Minimal Landlord Responsibilties
  • Prime Retail Location
  • Recession & E-Commerce Resistant Tenant

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single tenant net leased Familia Dental located at 2330 W Pierce Street in Carlsbad, New Mexico (the “Property”). The Property is leased to Familia Dental, a growing dental practice with more than 35 locations across six states. Familia Dental has been at this location since 2014 and recently exercised a renewal option, demonstrating their commitment to the site and the market. Familia Dental has 3+ years remaining on their Lease with one (1), 5-year renewal option. The lease features an attractive rent increase at the start of the remaining renewal option. The Property occupies a prominent position along West Pierce Street, the area’s primary commercial and commuter corridor, where it benefits from strong signage, excellent visibility, and prominent frontage. The site is located within Carlsbad’s dominant retail trade area, situated between Carlsbad Medical Center and Carlsbad Mall, with convenient access to Downtown Carlsbad. The surrounding area features a concentration of hotels, motels, businesses, and a mix of national and local retailers and restaurants that generate consistent daily traffic. In addition, the Property is located near area schools, Southeast New Mexico College, and established residential neighborhoods, supporting a built-in and reliable customer base.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
5,730 SF
Building Class
B
Year Built
2014
Price
$1,559,144 CAD
Price Per SF
$272.10 CAD
Cap Rate
8%
NOI
$124,732 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,730 SF
Building FAR
0.14
Lot Size
0.96 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

Welcome to Familia Dental! With a focus on making dental visits easier, more accessible, and affordable, Familia Dental offers a comprehensive range of general dentistry and orthodontic treatments to ensure healthy, beautiful smiles for individuals and families. Established in 2008, Familia Dental has experienced rapid growth thanks to its commitment to quality dentistry and compassionate approach to patient care. The practice embodies core values of quality, honesty, and care, evident in every aspect of its service. Prospective patients are encouraged to contact Familia Dental today to schedule an appointment and experience exceptional dental care tailored to their needs. The team eagerly awaits the opportunity to help individuals maintain a healthy smile!

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
4-155-126-496-120
Land Assessment
$95,219 CAD
Improvements Assessment
$396,549 CAD
Total Assessment
$491,769 CAD
  • Listing ID: 40418189

  • Date on Market: 2026-05-06

  • Last Updated:

  • Address: 2330 W Pierce St, Carlsbad, NM 88220

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