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Huge shopping mall in New Mexico with a 8,6% yield

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Huge shopping mall in New Mexico with a 8,6% yield

3,800,000 $
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Total area: 4,812 m² Yield: 8.6%
  • Absolute return: 293,582 €
  • Land area: 14,962 m²
  • Built in 1985
  • 1-floor building
  • Percentage of the rented area: 90%
  • Most recent total renovation: 2003

It is a shopping mall in one of the cities on the border between New Mexico and Texas. Description

The total area of a single-storey building is 4,812 m².

The plot of 14,962 m².

The mall was constructed in 1985 and renovated in 2003. At the moment the building is in good overall condition.

The property can accommodate up to 7 tenants, 90% of the area are leased out.

Financial performance

Absolute income is 326,929 $.

The current yield of 8,6%.

Location and nearby objects

The property is situated on a retail corridor.

There are other shops and airport in close proximity.

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Cafe and restaurants
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Georgiy Buznik
Georgiy Buznik
Real Estate Expert Tranio in New Mexico
+44 20 3608 1267
Free advice on real estate in New Mexico
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