Current Use by Public Records
- Retail properties & Spaces
Property Details for 13 Sherwood Blvd
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a stabilized, mixed-use property located at 11 & 13 Sherwood Blvd, White Rock, New Mexico, 87547. The property encompasses 8,639 square feet across three buildings and boasts a 100% occupancy rate. The portfolio includes a well-established restaurant, "Pig & Fig," operating under a long-term lease in one building. A second building functions as a mixed-use facility, primarily leased to a Los Alamos National Laboratory (LANL) contractor, supplemented by a barber shop and a hair/nail salon. Two studio apartment units are pending zoning approval for residential use. A dedicated basement houses the mechanical systems for the entire property. The asking price is $1,650,000, translating to $190.99 per square foot. This property offers a compelling investment prospect due to its high occupancy, diverse tenancy, and strong location in White Rock, Los Alamos County. The lease type is modified, and the tenancy is multi-tenant. The property is classified as mixed-use, encompassing office and retail spaces. This represents a rare chance to acquire a high-performing asset in a desirable New Mexico market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- White Rock
- County
- Los Alamos
- State
- New Mexico
- Longitude
- -106.211
- Latitude
- 35.8267
