205 Nizhoni Sale
Office
for Sale
| Catylist Listing ID: |
30790970 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
9,748 SF
|
| Gross Land Area: |
1.54 Acres
|
| Sale Price: |
$1,600,000 |
| Unit Price: |
$164.14 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment, Vacant/Owner-User |
| Building Name: |
205 Nizhoni |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
6.3% |
| Last Updated: |
5/6/2022 |
Overview / Comments
|
NET LEASE SALE - EXCELLENT OPPORTUNITY TO OWN. INCREASE CAP RATE WHEN 3 SPACE IS LEASED.
|
Additional Details
| Nearest MSA: |
Gallup |
| County: |
McKinley |
| Taxing Authority: |
McKinley County |
| Tax ID/APN: |
R196509 |
| Zoning: |
HC - HEAVY COMMERCIAL |
| Property Located Between: |
SOUTH 2ND STREET AND COLLEGE DRIVE |
| Property Visibility: |
Excellent |
| Highway Access: |
NM 602 AND I-40 |
| Site Description: |
EXCELLENT LOCATION AT NIZHONI BLVD AND 2ND STREET |
| Area Description: |
NEAR HOSPITALS, UNM AND RETAIL AREAS |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
2,473 SF |
| Year Built: |
2018 |
| Year Renovated: |
2020 |
| Roof Type: |
Arched |
| Construction/Siding: |
Aluminum Siding, Brick/Aluminum Siding, Concrete, Metal Siding, Steel Frame |
| Exterior Description: |
METAL - 3 FRONT INTERANCES. OVERHEAD DOORS IN REAR. |
| Parking Type: |
Surface |
| Parking Description: |
PARKING IN FRONT AND REAR |
| Heat Type: |
Natural Gas, Other |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Interior Description: |
3 LEASED SPACE. ONE VACAN (VANILA) SPACE READY FOR NEW TEANT TO COMPLETE. |
| Zoning Description: |
HC - HEAVY COMMERCIAL |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
LOT 1-A BERTINETTI ADDITION AND SUB REPLAT NO 1 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,649 |
17,503 |
23,449 |
| Median Age: |
37.88 |
33.11 |
33.17 |
| Households: |
1,029 |
6,206 |
8,149 |
|
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