MLS# 202232157 $975,400
Fully occupied by largely long standing tenants. NOI of $72,668 or a CAP rate of 7.45% (cash on cash).
Most leases have escalation clauses.
Great Location• Calle Medico is located near the intersection of Old Pecos Trail and St. Michael's Drive.
• C-1- zoning allows for medical and regular office uses, as well as residential.
• Great views of the Sandia and Ortiz Mountains from the upper level.
Six Office Suites
• The 6 Suites range in size from 937 square feet to 1,360 square feet.
• Access and parking are available from two parking lots.
• 27 Parking Spaces
Leases rates are in line with market or below.
They range from $12 sq/ft to $16 sq/ft a year.
All lease information available to qualified buyers.