707 E Pine St, Deming, NM 88030

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Building Details:

707 E Pine St is located in Deming, NM.

Property Features
This premium Commercial Retail Center of a 8,750 sq ft free-standing building built in May 2007 and .775 acre land sits west of the WalMart Super-Center and Big Kmart on the major retail corridor of East Pine in the city of Deming. Easy access to I-10, this property has a population of over 20,000 within a five mile radius, with anticipated growth over the next five years as Deming is rapidly becoming a retirement destination.

Current tenants are:
Ambercare @ 4,500 SQFT
Verizon Wireless @ 1,250 SQFT
Holland Nail Salon @ 1,500 SQFT; and
Check n’ Go @ 1,500 SQFT
All tenants have renewal options and are on NNN lease.

• Location: Easy access off of Interstate 10
• East Pine artery on major retail corridor in Luna County
• West of WalMart Super-Center and Big Kmart
• Population 20,000 within five mile radius
• Retirement Community growth potential
• Building completed May of 2007
• Tenants in both spaces with renwel on NNN lease
• 8750 sq ft building • .775 acre land
• CAP rate 9.5%