4504 N Main St, Roswell, NM 88201
- Commercial real estate
- 1,000 SF
Current Use by Public Records
- Zero Degrees / Cafe & Coffee Shop
- GameStop / Arcade & Gaming Center / Electronics & Wireless Store
- Sally Beauty / Cosmetic Store
- Zales / (Bike/Boat/Book/etc) Store
- The Paleta Bar Roswell / Grocery & Convenience Store / Specialty Food Shop
Property Details for 4504 N Main St
- Property type
- Commercial real estate
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 8, 2019 | — | Roswell Place LLC | — | Deed · related | $2.9M · Nusenda FCU |
| Dec 31, 2018 | — | Maestas,s C & D W Trust | Roswell Place LLC | Quitclaim Deed · related | — |
| Nov 7, 2017 | — | Roswell Place LLC | — | Deed · related | $2.9M · Nusenda FCU |
| Jul 25, 2016 | — | Tucorp INC | — | Deed · related | $1.5M · Interbank |
Description
This turnkey Paleta Bar franchise in Roswell, NM, presents a compelling investment opportunity. Priced at $175,000, this established business boasts a strong brand presence and loyal customer base. Located at 4504 N Main St, Roswell, NM 88201, the 1,000-square-foot space has a current lease expiring August 1, 2026, with two years remaining. The business includes all equipment, inventory, and recipes, ensuring a seamless transition for the new owner. Financial performance shows a Net Operating Income (NOI) of $30,037, resulting in a 17.16% cap rate. The business commenced operations on December 28, 2021, and operates under an LLC ownership structure. This franchise benefits from a prime location in a high-traffic area, attracting both local residents and tourists. The Paleta Bar's reputation for high-quality, handcrafted paletas and aguas frescas provides a solid foundation for continued growth. The minimal staffing needs and straightforward operating model contribute to low overhead costs. The sale includes the business and franchise rights only
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Chaves
- State
- New Mexico
- Longitude
- -104.5239805
- Latitude
- 33.4498709
