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1101 Golf Course Rd SE 16,114 SF 100% Leased Office Building Rio Rancho, NM 87124 $2,351,500 ($145.93/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Owner financing available with $1,200,000 down payment
- Four tenants with staggered modified gross leases
- Commercial office investment
- Owner/user potential
EXECUTIVE SUMMARY
- Stable Investment Opportunity in Rio Rancho
- Commercial office investment
- Owner/user potential
- Four tenants with staggered modified gross leases
- Elevator
- Great visibility on Golf Course Rd.
- Monument sign
- 3:1,000 parking
- 100% of the building protected by a fire sprinkler system
- Building is certified by the City of Rio Rancho for occupation as I-1, assisted-living grade
- Owner financing available with $1,200,000 down payment
- Commercial office investment
- Owner/user potential
- Four tenants with staggered modified gross leases
- Elevator
- Great visibility on Golf Course Rd.
- Monument sign
- 3:1,000 parking
- 100% of the building protected by a fire sprinkler system
- Building is certified by the City of Rio Rancho for occupation as I-1, assisted-living grade
- Owner financing available with $1,200,000 down payment
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
16,114 SF
Building Class
B
Year Built
2010
Price
$2,351,500
Price Per SF
$145.93
Cap Rate
8.50%
NOI
$199,879
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,057 SF
Building FAR
0.41
Lot Size
0.90 AC
Zoning
NC - Commercial Neighborhood
Parking
48 Spaces (2.98 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Atrium
- Day Care
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Balcony
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Enchanted Physical Therapy
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
- We Rock the Spectrum Kids Gym and Counseling
- Health Care and Social Assistance
-
99,999 SF
- -
-
Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Enchanted Physical Therapy | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - | |
| We Rock the Spectrum Kids Gym and Counseling | Health Care and Social Assistance | 99,999 SF | - | Lorem Ipsum | - |
1 1
PROPERTY TAXES
| Parcel Number | 1-012-068-403-252 | Improvements Assessment | $531,562 |
| Land Assessment | $64,656 | Total Assessment | $596,218 |
PROPERTY TAXES
Parcel Number
1-012-068-403-252
Land Assessment
$64,656
Improvements Assessment
$531,562
Total Assessment
$596,218
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1101 Golf Course Rd SE
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