1600 SF investment property

Highlights:

• 8% Cap Rate Investment Opportunity
• $4,000/Month + NNN Lease in Place Through 8/31/2029
• Prime Frontage on North Prince Street – Major Commercial Corridor
• Proximity to Cannon Air Force Base & Clovis Retail Corridor
• Near North Prince St & East Manana Blvd | ±17,939 Vehicles Per Day
• Within 2 Miles of NM Highway 60 – Regional East/West Connector
• ±4,000 SF Retail / Commercial Building (Buyer to Verify)
• 0.11 Acres | Zoned CG – Commercial General
• Strong Trade Area Demographics:
• 38,018 Population | 5-Mile Radius
• $70,020 Average Household Income
• 16,487 Daytime Employees
• Water, Sewer & Electricity Piped In
• Ingress/Egress from West Property Line
• 10 On-Site Parking Spaces
• Functional Interior Layout:
• Reception Area
• Open Retail / Showroom Space
• Manager’s Office
• Inventory / Storage Room
• Two Restrooms
• Ideal for Investors Seeking Stable Income in Eastern New Mexico Market

Description:

Positioned along North Prince Street, one of Clovis’ primary commercial corridors, this ±1600S F investment property offers an 8% cap rate with stable in-place income from an existing tenant paying $4,000 per month plus NNN through August 31, 2029. The property benefits from excellent frontage near North Prince Street and East Manana Boulevard with approximately 17,939 vehicles per day and is located within two miles of NM Highway 60, a key regional connector serving eastern New Mexico’s agricultural and logistics economy anchored by Cannon Air Force Base and the broader Clovis trade area. Situated on ±0.11 acres zoned CG – Commercial General, the building features water, sewer, and electricity, ingress/egress from the west property line, and approximately 10 parking spaces, with interior improvements including a reception area, open retail space, manager’s office, inventory room, and two restrooms, all supported by a 5-mile population of 38,018, average household income of $70,020, and 16,487 daytime employees.

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