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The Gateway Center 4024 N Prince St 21,000 SF 95% Leased Retail Building Clovis, NM 88101 $5,705,150 CAD ($271.67 CAD/SF) 8.79% Cap Rate
EXECUTIVE SUMMARY
Prime investment opportunity in Clovis, New Mexico! This Walmart shadow-anchored shopping center is strategically positioned along Prince Street, the city’s main retail corridor. Surrounded by national retailers and strong traffic drivers, the center is anchored by well-known tenants including Cato Fashions, Russell Cellular, and Sally Beauty. With excellent visibility and a proven retail location, this asset offers stable income and long-term investment potential.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
21,000 SF
Building Class
B
Year Built
2003
Price
$5,705,150 CAD
Price Per SF
$271.67 CAD
Cap Rate
8.79%
NOI
$501,384 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
3.38 AC
Zoning
MD
Parking
188 Spaces (8.95 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,050 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 1,050 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 1,050 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 121101345719600 | Improvements Assessment | $579,192 CAD |
| Land Assessment | $136,287 CAD | Total Assessment | $715,479 CAD |
PROPERTY TAXES
Parcel Number
121101345719600
Land Assessment
$136,287 CAD
Improvements Assessment
$579,192 CAD
Total Assessment
$715,479 CAD
1 of 24
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
The Gateway Center | 4024 N Prince St
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