Remarks

Here is a solid commercial investment opportunity in Deming, NM. This medical facility has a long term lease in place with a well established medical group. Annual rental income stream exceeds $160,000. Constructed in late 2006, this attractive 6,500 sf medical clinic and Urgent Care Center is located on a high visibility route. The facility has a spacious reception area, 12 rooms and 6 bathrooms. There is ample parking both covered,open and ADA designated in the paved parking lot. A 44 KW photovoltaic inter-tie grid solar system was installed in 2017. Triple net lease expires in 12/31/2033. Tenant pays taxes, insurance, utilities and non-structural repairs. Annual rent income for 2024 (NOI) is $161,700. Rent escalation clause is 2.5%. Annual rent projection for 2033 is $201,941.

Details

MLS#: 40514
Price: $2,156,000

Style: Commercial
Sq Ft: 6500
Year Built: 2006

County: Luna
Subdivision: Unsubdivided Other
Lot Size: 302 FT X 132 FT