Price Upon Request
Commercial Property for Sale in South Holland Illinois 60473
South Holland, Illinois
Soft OfferCommercial Property for Sale in Deming New Mexico 88030
813 E Pine St, Deming, New Mexico 88030
$749,000
$187 / sq ft 8.81% cap rate Listed Nov 1, 2024
4,010 sqft
Building
42,372 sqft
Lot
2013
Built
1
Stories
1
Units
Class B
Class
About this property
Commercial Property for Sale in Deming New Mexico 88030 is a retail for sale in Deming, New Mexico, listed at $749,000. Key details: year built 2013, building size 4,010 sqft, lot size 42,372 sqft, stories 1. Listed by Chris Maling of Avison Young on LoopingCloud and last updated April 2, 2025.
Avison Young is pleased to present the opportunity to acquire the single-tenant IHOP on fee-simple land located at 813 East Pine Street in Deming, New Mexico. The subject property is located in a popular shopping plaza immediately off of Interstate 10 and Highway 180, two main thoroughfares in New Mexico. IHOP currently has 14 years remaining on the lease with two five-year options to exercise. This is an excellent opportunity to acquire a stable investment occupied by a reputable national tenant.
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Year Built
- 2013
- Building Size
- 4,010 sqft
- Lot Size
- 42,372 sqft
- Stories
- 1
- Total Units
- 1
- Building Class
- Class B
- Occupancy
- 100%
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Net Operating Income
- $66,000
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
8.81%
Cap rate
$66,000
Net operating income
$187
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $749,000 | 8.81% | - | - | - |
Features and amenities
Property Features
- ±4,010 SF building on ±42,372 SF of fee simple land
Highlights
- Operated as an IHOP by a multi-unit franchisee
- 14 years remaining on lease, and two five-year options
- Located in a popular shopping center immediately off of Interstate 10 and Highway 180
- High traffic counts on Interstate 10 - approx. 16,764 VPD
- Excellent location surrounded by synergistic national retailers, such as: T-Mobile, Auto Zone, Wendy’s, Walmart, Subway, Dollar Tree, KFC, Verizon, O’Reilly Auto Parts, Tractor Supply and Burger King
Location
Address as shown by the lister.
Get directionsAbout this area - Deming
- Population
- 22,967
- Housing units
- 10,340
- Land area
- 2,301.2 sq mi
- County
- Luna
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Commercial Property for Sale in Deming New Mexico 88030?
Commercial Property for Sale in Deming New Mexico 88030 is listed at $749,000. That works out to about $187 per square foot. The stated cap rate is 8.81%.
Where is Commercial Property for Sale in Deming New Mexico 88030 located?
The property is in 813 E Pine St, Deming, New Mexico 88030, Luna County.
What type of property is this?
This is a retail for sale in the commercial category.
How big is the property?
The building is 4,010 sqft. The lot is 42,372 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Chris Maling of Avison Young listed this property. Use the Request Info button to send a message or call +1 (213) 618-3824.
When was this listing published?
It was published on November 1, 2024 and last updated on April 2, 2025.
Listing information
- Listing ID
- CL-New Mexico-12662
- Published
- Nov 1, 2024
- Last updated
- Apr 2, 2025
- Views
- 290
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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.
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