Duong Investment Group

Cummins For Sale in New Mexico

1101 Troy King Road Farmington, NM 87401

Closing Notes

  • California Buyer
  • All Cash Buyer
  • 1031 Exchange

Property Description

Price: $1,400,000
Price Per/SF: $89.67
Land Area: ±4.23 Acres
Cap Rate: 7.37%
Gross Leasable Area: ±15,612 SF
Year Built: 1985

Investment Highlights

Cummins Inc (NYSE: CMI) is an American Multi-National Corporation with Annual Revenues Exceeding $28 Billion that Designs, Manufactures, and Distributes Engines, Filtration, and Power Generation

Cummins has been Consistently Extending the Lease and Operating Successfully at this Location for 40+ Years

Absolute NNN Industrial Property – Ideal for an Investor not Local to the Market


Strong Corporate Guarantee

  • Tenant has a Market Cap of $31.19 Billion and is Publicly Traded (NYSE: CMI)
  • Tenant sells in Approximately 190 Countries and Territories Through a Network of More Than 600 Company-Owned and Independent Distributors and Approximately 7,200 Dealers
  • E-Commerce and Recession Proof Tenant

Strong Real Estate Fundamentals

  • Tenant’s Recent Early Lease Extension Demonstrates Strong Commitment
  • Large Lot with Expansion Capabilities
  • Farmington Finds Itself Situated in the Core of the Four Corners Region, Renowned for Its Abundant Energy Reservoirs Encompassing Natural Gas, Coal, and Oil. Cummins Inc. Stands as a Key Player in the Power Generation Domain, Offering Sought-After Engines and Associated Technologies Vital for Energy Production and Efficient Transportation Systems

Pride Of Ownership Property in Farmington, NM

  • Located in a Dense Trade Area with other National Brands such as FedEx Freight, Rush Equipment, Atomi Corporation, Chaparral Materials, Four Corners, Stotz Equipment, Core & Main, 4Rivers Equipment, Dollar General, Mobil, American Equipment Manufacturing & Others
  • Excellent Opportunity to Invest in a Tenant with a Nationwide Presence at a Location with a Long Operating History

Broker of Record: Ryan Sarbinoff, License: NM 20675

Contact Information

James Andrews
Net Leased Properties Group
(949) 419-3302
License: CA 02115272

Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
License: CA 01958307

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
License: CA 01438643

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