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Investment Highlights

  • 98% Leased | Options To Extend | Long Term Occupancy
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access | Surrounding Retail and Landmarks
  • High-Visibility Commercial Corridor | Adjacent Walgreens and Shell
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Bealls Center, a 40,100 SF Bealls-/Burkes-anchored neighborhood shopping center located at 805 N White Sands Blvd in Alamogordo, New Mexico. The property is 98% leased with a 3.8-year weighted average term remaining per the provided rent roll. The current tenant roster includes a mix of national/regional and service-oriented users such as Bealls, Pet Sense, Hibbett Sporting Goods, H&R Block, and additional locally oriented small-shop tenants. Five of the seven tenants have remaining renewal options, and multiple tenants are currently in renewal option periods, supporting durable in-place cash flow with embedded long term income stability.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
40,100 SF
Building Class
B
Year Built/Renovated
2008/2012
Price
$7,931,298 CAD
Price Per SF
$197.79 CAD
Cap Rate
7%
NOI
$555,152 CAD
Percent Leased
98%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
3.06 AC
Zoning
M-2 - Industrial
Parking
158 Spaces (3.94 Spaces per 1,000 SF Leased)
Frontage
418’ on N White Sands Blvd

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Nearby Major Retailers

Rent-A-Center
PNC Bank
Lowe's Market
Blake's Lotaburger
WaFd Bank
Starbucks
Albertsons
Sunbelt Rentals
  • Listing ID: 39992247

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 805 N White Sands Blvd, Alamogordo, NM 88310

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