100% Leased Medical Office Investment Opportunity

Office for Sale
Catylist Listing ID: 30675481
Property Subtypes: Office Building, General
Condo? Yes
Building Size (RSF): 4,310 SF
Gross Building Area: See Agent
Sale Price: $1,006,000
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Rio Rancho Executive Plaza Bldg 3
Class of Space: Class A
Sale Terms: Undisclosed
Cap Rate: 7.5%
Last Updated: 1/18/2021

Overview / Comments

• Beautifully finished medical office space
• Long-term tenant in place with additional options to renew
• Rio Grande Executive Plaza Condominium Association
• Renovated 2020

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Tax ID/APN: R182359
Is Condo?: Yes
Zoning: C-1
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,310 SF
Year Built: 2006
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,415 81,903 168,751
Median Age: 38.95 38.9 38.07
Households: 3,737 32,280 65,406


Photograph of Listing Agent

Debra L Dupes

Photograph of Listing Agent

Cheryl Hardt

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