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United Rental Investment Opportunity FOR SALE

$629,000

1016 Santa Fe Avenue, Clovis, NM 88101

Active
Last Updated: 03/25/2025

9,881 sqft

Building Size

1.67 acres

Lot Area

Details:
Building Size:    9,881 sqft
Lot Area:    1.67 acres
Occupancy:    100%
Highlights:
  • Established Tenant at this location since 2013 (United Rentals, Inc)
  • Excellent Land to Building ratio
  • Location is adjacent to Hwy 70 with good Ingress Egress to site
  • Annual Escalations on Base Rent of 3% (Due to Increase 6/1/25)
  • Tenant pays Taxes, Insurance (Minimal LL Responsibility)
  • Tenant services Rural Area
Description:

Fee Simple sale of Land and Building. This is an investment opportunity with United Rentals, Inc (NYSE: URI) occupying this location since 2013. United Rentals is a Fortune 500 company and the largest equipment rental company in the world. Revenues for United Rentals exceed $14 Billion annually and they have well over 1500 locations across the nation. Lease continues to 5/31/2028 and Tenant has two (2) additional periods of five (5) years each. There are annual rental escalations of 3%.

Discover the vibrant potential of the Clovis, NM area, where the property is ideally situated for investors seeking an Industrial Investment opportunity. Known for its welcoming community and strong local charm, Clovis offers a diverse range of local attractions and amenities. Nearby points of interest include the Norman Petty Studio, home to the legendary production of Buddy Holly’s music, as well as the fascinating Curry County Historical Museum and Curry Fairgrounds. Clovis is home to Cannon Air Force Base, known for U.S. military special operations training.

Map:
Documents:
Title
Brochure_1016_Santa_Fe_Ave.pdf
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Location
Gallery