Listed by Absolute Investment Realty LLC
$1,426,154
Single Tenant Net Leased Medical Facility
Details
Property Type Office
Sub Type Medical Office
Square Footage 3,960
Net Rentable (SqFt) 2,960
Cap Rate 7.15%
NOI $102,000
Occupancy 100%
Price per SqFt $360
Class B
Year Built 2004 (Est)
Year Renovated 2017
Buildings 1
Stories 1
Investment Type Sale/Leaseback
Ownership Condominium - Fee Simple
Office | 7.15% CAP | 3,960 SqFt
Marketing description
Absolute Investment Realty has been selected as the exclusive representative for the absolute NNN sale-leaseback of this attractive medical office building located in the heart of Santa Fe. This property is convenient to I-25 and near Santa Fe’s 2 largest hospitals (Christos St. Vincent Regional Medical Center, Presbyterian Santa Fe Medical Center). This asset is an opportunity to own real estate in the prestigious and high-barrier to entry market of Santa Fe, NM.
Upon closing, the operating entity will execute a 10-year Absolute NNN lease back to the buyer. See Investment Summary and About the Tenant for more information.
Listing Contacts
Listed by Absolute Investment Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$102,000.00
$8,500.00/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
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