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34177209
34177213

804 S Halagueno St., Carlsbad, NM 88220

LM
NM NM 53678
NAI Sun Vista
NAI Sun Vista
Listed by NAI Sun Vista
$1,695,000
3 days on market
Updated 3 days ago

Long-Term Government-Lease Investment

Details
Property Type Office
Sub Type Traditional Office
Square Footage 3,165
Cap Rate 6.90%
NOI $117,635
Tenancy Single
Buildings 1
Acreage 0.410
Zoning C-2
Parking Spaces 20 spaces
Parking per 1,000 SqFt 6.32
Investment Type Institutional
Tenant Credit Credit Rated

NEW CONSTRUCTION | INVESTMENT WITH CREDIT TENANT

Investment highlights

  • New Mexico Government tenant
  • New construction, build-to-suit facility
  • 10-year initial lease with renewal options through 2046
  • Occupied April 2026
  • Mission-critical use
  • Annual operating cost escalations
  • Lease protection clause
  • 20 dedicated parking spaces

Listing Contacts

LM
NM NM 53678
NAI Sun Vista
NAI Sun Vista
Listed by NAI Sun Vista

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$117,635.00
$9,802.92/mo

Valuation Metrics

0
DSCR
6.94%
Cap Rate
6.94%
ROI

Map

Zoning

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C-2 CommercialNeighborhood CommercialCommercial 2
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Lisa Mercer, CCIM
License
NM 53678
Brokerage
NAI SunVista
Brokerage Phone
505-878-0001
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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