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1595 El Paseo Rd
Las Cruces, NM 88001
Office Property For Sale
Investment Highlights
- Building size: +/- 2,765 SF
- LendNation has been a Tenant at this location for 15 years
- NOI: $49,217 (Does not include additional rent)
- Lease term: 3 years, 6 months, starting April 1, 2021
- Cap Rate: 8%
- *Additional rent- present value of $426.33 per month over a term of 3 1/2 years (as of May 1,2021- $14,751.22 which is to be added to purchase price)
Property Facts
Property Type
Office
Building Size
2,765 SF
Building Class
C
Year Built/Renovated
1973/1987
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,765 SF
Building FAR
0.19
Lot Size
0.33 AC
Zoning
C2
Property Taxes
| Parcel Number | 02-11390 | Improvements Assessment | $46,503 |
| Land Assessment | $21,375 | Total Assessment | $67,878 |
Property Taxes
Parcel Number
02-11390
Land Assessment
$21,375
Improvements Assessment
$46,503
Total Assessment
$67,878
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