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111 Lujan Rd SE Los Lunas, NM 87031

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For Sale
$1,350,000

Stand-alone warehouse in Los Lunas, NM, with established tenant.

Property size:
8,200 SF

Property Features for 111 Lujan Rd SE

General Information

Size
8,200 SF

Source: Paul Cook Agent Paul Cook

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Los Lunas Warehouse For Sale

This stand-alone office/warehouse is located in Los Lunas, New Mexico. The property is occupied by a family-owned cannabis grow and dispensary owner and operator with over 20 years of experience, based in Washington State, with 10 dispensaries in Arizona, and a presence in multiple states. The tenant has 4 years remaining on the lease with annual increases. The property is situated on the east side of Los Lunas, a short drive south from Albuquerque on I-25. The property size is 8200 square feet. The current CAP Rate is 6.77% for 2024, with a blended CAP Rate of 7.85%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

The Stash Cannabis Store The Grind Baseball/Softball Training ... Sports Club Precision Performance LLC Mechanic

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Los Lunas
County
Valencia
State
New Mexico
Longitude
-106.7029813
Latitude
34.8035644

FAQs

What type of property is this?
Warehouse - Stand-alone warehouse in Los Lunas, NM, with established tenant.
Where is this warehouse located?
The property is located at 111 Lujan Rd SE Los Lunas, NM.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: - Established cannabis grow and dispensary tenant with 20+ years of experience.; - Tenant has multiple dispensaries and operates in multiple states.; - Enjoy a 6.77% CAP Rate in 2024.
More about this property
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