This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

944 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

UNITED RENTALS 1016 Santa Fe Ave

8,500 SF Industrial Building Clovis, NM 88101 $965,538 CAD ($114 CAD/SF) 8.19% Cap Rate

Warehouses New Mexico Clovis 1016 Santa Fe Ave, Clovis, NM 88101

Investment Highlights

  • United Rentals, Inc. (NYSE: URI) is the largest equipment rental company in the world with $14.33 billion of revenue in 2023
  • Lease offers 3% annual rent increases, including Fair Market Value (FMV) adjustments at each renewal option, serving as a hedge against inflation.
  • United Rentals has operated at this facility since 2013 and recently exercised a 5 year option, demonstrating their commitment to this location.
  • Industrial NNN Lease – Tenant pays for CAM, taxes, and insurance with minimal landlord responsibilities.
  • This is a profitable location for United Rentals as it serves both residential and commercial uses/customers in 12 cities throughout NM and TX.
  • With ±1.67 acres of land, this facility offers a building coverage ratio of only 11.68%.

Executive Summary

Broker of Record
Kyle Matthews
License No. 19601 (NM)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts In Escrow

Price $965,538 CAD Lot Size 1.67 AC
Price Per SF $114 CAD Rentable Building Area 8,500 SF
Sale Type Investment No. Stories 1
Cap Rate 8.19% Year Built 1974
Property Type Industrial Tenancy Single
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $965,538 CAD
Price Per SF $114 CAD
Sale Type Investment
Cap Rate 8.19%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Service
Lot Size 1.67 AC
Rentable Building Area 8,500 SF
No. Stories 1
Year Built 1974
Tenancy Single
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • United Rentals
  • -
  • 8,500 SF
  • -
  • Net
  • May 2028
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
United Rentals - 8,500 SF - Net May 2028

Links

1 of 1

PROPERTY TAXES

Parcel Number 121201005728200 Improvements Assessment $6,868 CAD
Land Assessment $15,124 CAD Total Assessment $21,991 CAD

PROPERTY TAXES

Parcel Number
121201005728200
Land Assessment
$15,124 CAD
Improvements Assessment
$6,868 CAD
Total Assessment
$21,991 CAD
(907) 717-8319

Contacts

  • Listing ID: 33087736

  • Date on Market: 2024-09-06

  • Last Updated:

  • Address: 1016 Santa Fe Ave, Clovis, NM 88101

1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/5
1016 Santa Fe Ave, Clovis, NM for sale Primary Photo- Image 1 of 5
hero wm
1016 Santa Fe Ave, Clovis, NM for sale Building Photo- Image 2 of 5
pic 2 wm'
1016 Santa Fe Ave, Clovis, NM for sale Building Photo- Image 3 of 5
pic 3 wm
1016 Santa Fe Ave, Clovis, NM for sale Building Photo- Image 4 of 5
map wm

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

UNITED RENTALS | 1016 Santa Fe Ave
(907) 717-8319 x

UNITED RENTALS | 1016 Santa Fe Ave

1/3

Taylor Dintzner

(907) 717-8319

(907) 717-8319

John Stroud

(602) 975-0807

(602) 975-0807

Erik Manarino

(602) 975-0808

(602) 975-0808

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link