615 S White Sands Blvd, Alamogordo, NM 88310

Commercial property for lease

• Description
• Marcus & Millichap is pleased to offer the opportunity to acquire a 3,780-square foot freestanding Pizza Hut location with an absolute net lease in Alamogordo, New Mexico. The lease has a strong franchisee guarantee from La Raza Pizza, Inc. operator of more than 60 Pizza Hut locations across Indiana, Texas, and New Mexico. Twelve years remain on the primary term, and the lease has 5 percent rent escalations scheduled every ve years including at the beginning of each of two renewal option periods. Originally constructed in 1972, the building is situated on 2.66 acres. Building price details: $1,573,000.
• Contact info
• Matthew Reeves

  Marcus & Millichap
• Note

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