Contacts
CBRE
Property Details
- Property Type Industrial - Flex - Industrial
- Property Size 15,499 SF
- Cap Rate % 7.5
- Year Built 2020
- Date Updated Sep 24, 2025
CBRE is presenting an opportunity for qualified investors to purchase fee interest in a ±15,499 SF flex industrial building in Carlsbad, New Mexico. The property is leased to Coterra Energy, Inc., an independent oil and gas exploration and production company based in Houston, Texas (NYSE:CTRA) with an Investment Grade credit rating (S&P: BBB). The property is a 5-acre parcel of land with a freestanding single tenant industrial flex building built in 2020 as a build-to-suit for the tenant.
Cap Rate: 7.50%
100% Leased
Remaining Term: 10.5 Years
Reach out to the broker for more info on lease terms and amenities
Getting around
-
2/100
Walk Score ®
-
25/100
Bike Score ®
Location
- City Carlsbad, NM
- Zip Code 88220
- Market Albuquerque
Points of Interest
-
DK
2.59 miles
-
Chevron
3.75 miles
-
Allsup's
4.21 miles
-
Shamrock
4.40 miles
-
Shell
4.43 miles
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Southwest LP Gas
4.45 miles
-
USA Gasoline
4.92 miles
-
Murphy Express
4.94 miles
-
Valero
5.78 miles
-
Cave Wash
4.96 miles
-
Enterprise
5.45 miles
-
Tornado Wash
5.67 miles
-
Happy's
3.06 miles
-
Domino's
3.45 miles
-
Tina's Mexican Cafe
4.14 miles
-
Pizza Inn
4.56 miles
-
IHOP
4.71 miles
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Subway
4.80 miles
-
Chili's
4.97 miles
-
Dragon China Buffet
5.05 miles
-
La Regia
5.38 miles
-
Sno To Go
5.41 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
CBRE
