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    4026 N Prince St Clovis, NM 88101

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    For Sale
    $4,970,045

    NNN leased investment property with long-term tenant in Clovis, NM.

    Property size:
    6,500 SF
    Lot size:
    2.88 Acres

    Property Features for 4026 N Prince St

    General Information

    Size
    6,500 SF
    Lot size
    2.88 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

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

    Overview

    Clovis, NM Parachute Plasma

    The property at 4026 North Prince St in Clovis, New Mexico, is a Parachute Plasma facility. It features approximately 6,500 square feet of rentable building space on an estimated 2.11-acre parcel of land. The property is subject to a 20-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $393,199, with 2% annual increases starting in year 6 and continuing throughout the base term and each of the four 5-year renewal options, potentially extending the lease term to 40 years.
    Insight Report Location Intelligence

    Current Use by Public Records

    Parachute - Plasma Donation ... Blood Donation Center Carpet & Flooring USA ... Carpet Wholesaler

    Suggested Use

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

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

    Similar Places Nearby

    Roden-Smith Pharmacy, Lansford David M, Amy Kelley, Cathy Watkins, The Health Foods Store LLC.

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Curry
    State
    New Mexico
    Longitude
    -103.1985152
    Latitude
    34.4393341

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    FAQs

    What type of property is this?
    Drug store - NNN leased investment property with long-term tenant in Clovis, NM.
    Where is this drug store located?
    The property is located at 4026 N Prince St Clovis, NM.
    What is the asking price?
    The asking price for this property is $4,970,045.
    What are key features of this property?
    This property features: - Brand new 20-year absolute triple-net (NNN) lease for long-term investment.; - Annual rent of $393,199.; - Rental increases of two percent (2%) annually starting year 6.
    (332) 345-2408
    Request Owner's contact information
    4026 N Prince St Clovis, NM 88101
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    Clovis, NM 88101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4026 N Prince St Clovis, NM 88101
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