• Flexible Two-Tenant Drive-Thru Configuration: Market-aligned rents and an efficient
building layout support smooth re-tenanting and long-term occupancy stability.
• Recent, 2020 Construction w/ Drive-Thru Wienerschnitzel, supporting contactless
retail functionality
• Strategically situated in the Primary Retail Corridor of the Market
• Direct Ingress & Egress Access to U.S. Hwy 285, the primary highway connecting
Carlsbad to Santa Fe, New Mexico
• Affluent Surrounding Demographics w/ $103k+ Avg Household Incomes within a
3-mi radius of the property
• Established Surrounding Retail Synergy:
∘ The site is Shadow-Anchored by a Ross Dress for Less-Anchored Shopping Center
∘ Located within a 1-min drive to Northgate Shopping Center, featuring major, big-box
retailers Dollar Tree, Harbor Freight, & Hibbett Sports
∘ Proximal to numerous Nationally Recognized Retailers such as Starbucks, Denny’s,
Verizon, & Arby’s, bringing supplemental traffic flow to the property
• Carlsbad Caverns National Park: 25-min Drive
∘ World-Renowned Tourist & Adventure Destination featuring about 120 caves, and is
recognized as one of the largest Cave Chambers in the World.
• Carlsbad, NM: County Seat for Eddy County in Southeastern New Mexico

T-Mobile & Wienerschnitzel – Carlsbad, NM
Tenancy: T-Mobile & Wienerschnitzel
Building Size: 4698 SF
Lease Expiration: T-Mobile - 05/31/2029 | Wienerschnitzel - 20-Years from COE
Rental Increases: 10% Increases every 5-Years
