Log In/Sign Up
Your email has been sent.
Cascade Mixed-Use Building 400-2 Cascade Ave 29,922 SF 100% Leased Office Building Carlsbad, NM 88220 $6,254,955 CAD ($209.04 CAD/SF) 10.57% Cap Rate
INVESTMENT HIGHLIGHTS
- Best Product in Market
- 15% Cash on Cash Return
- Long History of High Occupancy
- High Quality Tenants for the Market
- Strong Regional Amenities
- Market Tailwinds Driven by Energy Sector Growth
EXECUTIVE SUMMARY
Northmarq has been retained as exclusive advisor and agent to offer qualified investors an opportunity to purchase the fee simple interest in Cascade Mixed-Use Building (the "Property"), a 29,992 square foot office building with Class A finishes in Carlsbad, New Mexico. The 2-story building was constructed in 2011 and sits on 0.52 acres. This offering is the highest quality commercial mixed-use opportunity available in Carlsbad, New Mexico.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
29,922 SF
Building Class
A
Year Built
2011
Price
$6,254,955 CAD
Price Per SF
$209.04 CAD
Cap Rate
10.57%
NOI
$661,431 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
29,922 SF
Building FAR
1.32
Lot Size
0.52 AC
Opportunity Zone
Yes
AMENITIES
- Air Conditioning
1 1
PROPERTY TAXES
| Parcel Number | 4-157-127-430-135 | Improvements Assessment | $1,186,113 CAD |
| Land Assessment | $37,821 CAD | Total Assessment | $1,223,934 CAD |
PROPERTY TAXES
Parcel Number
4-157-127-430-135
Land Assessment
$37,821 CAD
Improvements Assessment
$1,186,113 CAD
Total Assessment
$1,223,934 CAD
1 of 9
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Cascade Mixed-Use Building | 400-2 Cascade Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.