Income Producing Office For Sale - 1180 Mall Drive

Withdrawn Office for Sale
Catylist Listing ID: 28283513
Property Subtypes: Medical, Net Leased, Office Building
Building Size (RSF): 5,019 SF
Gross Building Area: See Agent
Gross Land Area: 21,854 SF
Sale Price: $652,470
Unit Price: $130 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Withdrawn On: 8/15/2017
Last Updated: 8/15/2017

Overview / Comments

An excellent medical facility available for sale. Currently split into three separate suites - currently one suite is occupied by medical user. Ownership provides common area maintenance and landscaping which is approximately $160.00 per month plus water for such. New roof installed in 2011.

Located just off Telshor Blvd between Memorial Medical Center and Mountain View Hospital. Please also see other possibilities in same corridor: 1121 Mall Drive, 1141 Mall Drive and 1160 Mall Drive - all properties can be combined as one sale as they are held by the same ownership.

Current Tenants

Tenant Business Name G. Pavia MD
Is Renting? Yes
Suite Number A
SF of Space Occupied 1,633 SF
Current Rent $15 PSF (Annual)
Lease Expiration 2/2014
Tenant Notes Included in tenant's rent is 1/3 of total garbage bill. NNN

Additional Details

Nearest MSA: Las Cruces
County: Dona Ana
Tax ID/APN: 02-17971
Zoning: O-2
Market Type: Medium
Property Located Between: Espina and Telshor on Mall Drive
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Highway Access: I-10, I25, Hwy 70
Airports: El Paso International Airport
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1997
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,677 69,106 106,105
Median Age: 30.32 33.89 34.86
Households: 7,054 28,514 42,538
© Copyright Commercial Association of REALTORS┬« - New Mexico. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS┬« - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.