Remarks

PRIME COMMERCIAL INVESTMENT OPPORTUNITY IN TAOS, NEW MEXICO! Taos Commons is a prominent and highly visible, newer strip center. Site benefits include: location on the main retail corridor - adjacent brands include Dollar Tree, Walgreens and Taos Lifestyle Furniture mart. Strong national and regional co-tenants - T-Mobile and Gandy Insurance. Ample parking and good traffic flow. Traffic counts approximately 25,000 CPD. Area neighbors include Albertson's supermarket, Domino's Pizza, Harbor Freight, Baskin Robbins, Nusenda Credit Union, Taos High School, Kit Carson Electric Cooperative, US Forest Service, medical and professional offices. This Taos retail site benefits from high barriers to entry, to include locally stringent development and entitlement processes and very low market inventory and competing vacancies. Newer construction and high-end tenant improvements and finishes in open bay. Well-maintained, transferable warranties. Two long term leases extending to 2030. OM and financial information available with signed NDA - contact listing broker.

Details

MLS#: 111487
Price: $2,125,000

Style: Strip Center