Las Vegas, NM, April 27, 2020 – AQYRE Real Estate Advisors is pleased to announce the sale of a 1,500 SF Little Caesars, located at 1604 7th Street in Las Vegas, New Mexico for $900,000.
“Kevin Calame and Matt Lewallen represented the Seller of this property. The Seller purchased this property 5 years ago through Kevin Calame and Matt Lewallen and has since enjoyed the cash flow and appreciation during that time. The Seller plans to reinvest back in his home state of Colorado.” – Kevin Calame, AQYRE Real Estate Advisors.
Rich Kwok of Century 21 Real Estate Alliance represented the buyer.
For more information on this investment or current market conditions, contact Kevin Calame at 720.738.1939 or Kevin@AQYRE.com.
SALE HIGHLIGHTS
- Property Address: Little Caesars | 1604 7th Street Las Vegas, NM 87701
- Property Type: Retail Building
- Sale Date: 04.20.2020
- Sale Price: $900,000
- Building Size: 1,500 SF
- Sale Price/SF: $600
- Cap Rate: 6.5% Actual at sale
- Absolute NNN property
- 5 years left on initial lease
ABOUT AQYRE REAL ESTATE ADVISORS
We’re a collection of experienced real estate brokers committed to relationships built on results. We share a belief that our client’s goals take priority over our transaction results and we’ve been rewarded with long-term relationships with investors who trust us. As a brokerage, we are committed to remaining a small firm with high caliber individuals allowing investors more access to experienced advisors – we stress quality over quantity. We aren’t defined by our individual success; we are defined by the success of investors who we are fortunate to call clients.
