Remarks

Centrally located on the corner of Hwy 180E & Hilltop Rd this commercial building currently functions as a medical clinic supporting Silver City & surrounding communities. Constructed in 2000 as medical offices and clinic spaces with more than 25 paved parking spaces including ADA designated spaces. A 14 KW photovoltaic inter-tie grid solar system was installed in 2017. Tenant triple net lease expires 12/31/2033. Tenant pays all taxes, insurance, and non-structural repairs. Annual rent income for 2024 (NOI) is $93,072. Rent escalation clause is 2.5%. Annual rental income projection for 2033 is $116,234. There are three other commercial investment properties, all operating as medical clinics with the same tenant and listed by the same owner, in Silver City, Bayard and Deming, listed as MLS XXX, XXX, XXX that can be purchased in combination or individually.

Details

MLS#: 40510
Price: $1,240,960

Style: Commercial
Sq Ft: 3900
Year Built: 2000

County: Grant
Subdivision: Unsub Silver City
Lot Size: 242 FT X 125 FT
Tax Fee: 2606.8000000000002