4650 Butler Ave | Farmington, NM 87401
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- LoopNet Team
4650 Butler Ave
Farmington, NM 87401
SOCIAL SECURITY ADMINISTRATION · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Mission Critical – Next closest SSA building in the State of New Mexico is 117 miles away in Gallup, NM
- Annual CPI Rent Increases – The tenant increases the rent each year in accordance with the CPI or Consumer Price Index
- Utilities – Sellers have already done the electrical and groundwork necessary to work with any potential expansions on the parcel
- Long Term Lease – Originally a 10-year firm lease, this shows a lot of commitment by the tenant as many are renewing for 5-year firms instead
- Large Lot – With ±1.85 AC located on the lot, this is an opportunity for expansion if the tenant ever needs it
PROPERTY FACTS
Property Type
Office
Property Subtype
Office/Residential
Building Size
8,835 SF
Building Class
B
Year Built
2002
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,835 SF
Building FAR
0.11
Lot Size
1.81 AC
Zoning
General Commercial - General Commercial
Parking
63 Spaces (7.13 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0030604 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $529,848 |
PROPERTY TAXES
Parcel Number
0030604
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$529,848
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