511 E Nizhoni Blvd - Office FOR SALE


Gallup, NM 87301
$572,753 USD
505-489-8538
511 E Nizhoni Blvd, Gallup, NM for Sale
$572,753 USD
Office - FOR SALE
1/11
null | 8.5% Cap Rate

511 E Nizhoni Blvd
Gallup, NM 87301


HIGHLIGHTS

  • 3% Annual Escalations
  • Single Tenant Leased
  • 10 Year - Modified NNN
  • Strong National Credit Tenant
  • Multiple Locations in the SW

OVERVIEW

Absolute Investment Realty is pleased to present this opportunity to acquire a rare, single tenant net leased medical investment property located in the growing city of Gallup, New Mexico. Positioned along historic Route 66, Gallup serves as a key commercial and cultural hub for the surrounding region. The property is located on Nizhoni Blvd in a well-trafficked corridor with strong accessibility and proximity to major roads, including I-40. Net leased investment opportunities are limited in this market, making this an attractive option for investors seeking stable, long-term income in an underserved trade area. With steady demand for healthcare services, this established net leased medical property is a compelling long-term investment opportunity.

FOR SALE DETAILS

PRICE

$572,753 USD

PRICE/SF

$277 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Foot and Ankle Specialists

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

GC

APN/PARCEL ID

R618926

ASK ABOUT THIS PROPERTY

Rita CordovaAbsolute Investment RealtyMore Info
505-489-8538

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Rita CordovaAbsolute Investment RealtyMore Info
505-489-8538

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