2223 N Main St Las Cruces, NM 88001
NNN leased HTeaO franchise with rent increases for sale.
Property size:
2,000 SFLot size:
1.31 AcresProperty Features for 2223 N Main St
General Information
- Size
- 2,000 SF
- Lot size
- 1.31 Acres
Source:
Moodyscre
Listing Agent: Ryan Sarbinoff
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
NNN Leased HTeaO Investment
This property is a multi-unit HTeaO franchise location with over eight years remaining on a triple-net (NNN) lease. The lease includes 10% rent increases every five years. According to Placer.ai, the site had over 490,000 visits in the past 12 months. The property is the number one HTeaO location over the last five weeks. HTeaO is the largest iced tea franchise in the United States, with 140 locations and 300 in development. The property is less than one mile from downtown Las Cruces and four miles from New Mexico State University. The property size is 2,000 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
HTeaO - Las Cruces
Tea Store
Similar Places Nearby
Petal & Pink Co., Prime, Friendly Flowers
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Dona Ana
- State
- New Mexico
- Longitude
- -106.7841156
- Latitude
- 32.3292629
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - NNN leased HTeaO franchise with rent increases for sale.
Where is this storefront property located?
The property is located at 2223 N Main St Las Cruces, NM.
What is the asking price?
The asking price for this property is $1,717,300.
What are key features of this property?
This property features: - #1 HTeaO Location: Top performing store for the last 5 weeks!; - Long-Term Investment: Enjoy 8+ years remaining on a Triple-Net (NNN) Lease.; - Increasing Returns: Benefit from 10% rent increases every 5 years.