325 W. 18th Street, Portales, NM
Industrial for Sale - $5,500,000 - 129,880 Sq. Ft. on 10 acres
Property Info
CIMLS# | 930617 |
Location 325 W. 18th Street Portales NM 88130 | |
Updated | December 29th, 2017 |
Type | Industrial |
Price | $5,500,000 |
Building | 129,880 Sq. Ft. |
Land | 10 acres |
Property Description
Southside Storage is the a 789 unit facility located in Portales, New Mexico. The business has stabilized with 92.1% economic occupancy this after a planned expansion in 2015. Southside Storage has grown over the years with successive expansions is now the leader in the market for secure and climate control storage. This property is situated on a total of 10 commercial zoned acres so there is additional land for growth.
Location Description:
Southside Storage is located in the southeastern New Mexico city of Portales. Portales is the other city in the Clovis-Portales MSA with a population of 70,000. Southside Storage is located on the south part of town
Highlights:
>> Class A facility
>> 92.1% (Economic Occupancy) After Expansion In 2015
>> Concrete Driveways
>> Enclosed RV/Boat Storage
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Financials
Sales Info:
>> Commision split: 2.0%