1608 7th St - Freestanding FOR SALE


Las Vegas, NM 87701
$2,072,000 USD
505-346-6006
1608 7th St, Las Vegas, NM for Sale
$2,072,000 USD
Freestanding - FOR SALE
1/9
null | 6.5% Cap Rate

1608 7th St
Las Vegas, NM 87701


HIGHLIGHTS

  • 10 Year NNN Sale Leaseback
  • Zero LL Responsibilities
  • Medical Anchored
  • Strong Tenant with multiple locations throughout the Southwest
  • Recently Renovated

OVERVIEW

Absolute Investment Realty has been selected as the exclusive representative for the sale of this attractive Medical Office Property located in Las Vegas New Mexico.  Tenants include Foot & Ankle Specialist along with Cricket and a Dreamz Dispensary a retail cannabis dispensary. This stunning medical office property boasts a prime location in the heart of a bustling commercial district in Las Vegas, NM. The recently renovated property features contemporary design elements and high-quality finishes throughout. This impressive medical office property represents a unique and lucrative investment opportunity, offering stable, long-term cash flow potential and strong appreciation prospects. Don't miss out on the chance to add this exceptional property to your portfolio and capitalize on the growing demand for healthcare services. Contact us today to learn more.

FOR SALE DETAILS

PRICE

$2,072,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

C-1

APN/PARCEL ID

82000

ASK ABOUT THIS PROPERTY

Rita CordovaAbsolute Investment RealtyMore Info
505-346-6006

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Rita CordovaAbsolute Investment RealtyMore Info
505-346-6006

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.