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NIZHONI, GALLUP, NM 87301

Absolute Investment Realty LLC
Absolute Investment Realty LLC
Listed by Absolute Investment Realty LLC
$572,753
36 days on market
Updated 36 days ago

511 Nizhoni Blvd.

Details
APN 2-105-087-159-010
Property Type Office
Sub Type Medical Office
Square Footage 2,070
Units 1
Cap Rate 8.5%
NOI $48,684
Occupancy 100%
Tenancy Single
Lease Term 10
Rent Bumps Yes
Year Built 1982
Acreage 0.280
Zoning GC
Investment Type Net Lease
Ground Lease No

Net Leased Medical Investment

Marketing description

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.

Investment highlights

3% Annual Rent Escalations

Single Tenant Net Leased

10 Year Modified NNN

Strong National Credit Tenant

Multiple Locations in the SW

Listing Contacts

Absolute Investment Realty LLC
Absolute Investment Realty LLC
Listed by Absolute Investment Realty LLC

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,684.00
$4,057.00/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Rita Cordova
License
50862
Brokerage Phone
5054898538
Title
NM
Brokerage Address
131 Madison Street Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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