1601 Silver Heights Boulevard, Silver City, New Mexico 88061
Commercial SaleProperty Type
103Days on Market
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY!!! The Pinon Plaza is a fully occupied shopping plaza at the junction of one of the highest traffic count and highest visibility intersections in Silver City. This property is being offered at a very respectful 9.5% capitalization rate, boasting the prospect of immediate income and significant growth potential. Currently, there are 12 rental units occupied by a diverse portfolio of proprietors, each contributing to a robust income stream. The Pinon Plaza is located at the intersection of Hwy 180 and Hwy 90, ensuring maximum visibility and sustained demand. Its impeccable maintenance and strategic location serve as a testament to its appeal.