200 Main St Roswell, NM 88203
- Industrial properties
- 37,239 SF
Current Use by Public Records
- Subway / Sandwich Shop / Caterer
- Verizon / Cell Phone Store / Cell Phone Accessory Store
- Sweet Baby Jay’s Smokehouse / Bbq Area
- Foxworth-Galbraith Home Improvement Center / Home Improvement Store
- Taco Loco / Takeout Restaurant
Property Details for 200 Main St
- Property size
- 37,239 SF
- Property type
- Industrial properties
- Property subtype
- Distribution centers
Description
This exceptional investment opportunity presents a 37,239-square-foot industrial distribution center located at 200 S Main St, Roswell, NM 88203, in Chaves County. The property boasts a strong 7.95% capitalization rate, generating a substantial net operating income (NOI) of $139,114. Priced at $1,750,000, this translates to a price per square foot of $46.99, significantly below replacement cost. The building is currently leased to US LBM, one of the nation's largest building products distributors, under an absolute triple-net lease structure. This advantageous lease arrangement minimizes landlord responsibilities, providing a passive income stream with minimal operational overhead. The property's strategic location in Roswell, New Mexico, offers excellent access to major transportation routes, ensuring efficient logistics and distribution capabilities. This is a rare opportunity to acquire a high-performing, low-maintenance industrial asset with a proven tenant and exceptional return on investment. The property's strong financial performance, coupled with the tenant's stability and the favorable lease terms, makes this an ideal addition to any investment portfolio. Don't miss this chance to secure a prime industrial property in a growing market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.523
- Latitude
- 33.3915
