4801 Avenida Divisadero BSanta Teresa, NM 88008

For Sale
$16,875,000

Class A industrial warehouse, vacant, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A industrial warehouse, located at 4801 Avenida Divisadero in Santa Teresa, New Mexico, presents a unique investment opportunity. The property encompasses 135,000 square feet on a 6.5-acre lot, featuring a single-story building constructed and renovated in 2023. The warehouse boasts 12 loading docks and 12 dock-high doors, complemented by a substantial 32-foot ceiling height. Ample parking is provided with 59 regular spaces and an additional 24 trailer parking spots. Currently vacant, this property is offered as a Net Lease (NNN) investment with a 5-year lease term. The asking price is $16,875,000. Situated within the CI-2 permitted zoning, this location offers significant advantages, including proximity to Union Pacific rail access, the Santa Teresa Jet Port (capable of handling 737-300 cargo jets), and the benefits of a Foreign Trade Zone, allowing for duty-free imports and eliminating border crossing fees and inventory taxes. The property's Net Operating Income (NOI) is $21,000,000. This prime location and modern warehouse facility make it an ideal investment for discerning buyers seeking a high-return, low-risk opportunity in a rapidly growing market.

Highlights

  • 24 trailer parking spaces and 59 standard car parking spaces.
  • No inventory taxes or border crossing fees.
  • Located within a Foreign Trade Zone, enabling duty-free imports.
  • Direct rail access via Union Pacific Railroad.
  • Proximity to Santa Teresa Jetport, accommodating 737-300 cargo jets.

Property Details for 4801 Avenida Divisadero B

Property type
Other warehouses, Other industrial properties
Square Feet
135,000 SF
Class
A
Year Built/Renovated
2023/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
283,140 SF
Units
1

Location Insight

City
Santa Teresa
County
Doña Ana
State
New Mexico
Latitude
31.8538605
Longitude
-106.7037152
4801 Avenida Divisadero B, Santa Teresa, New Mexico

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4801 Avenida Divisadero B
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