4672 Sonoma Ranch Blvd
Las Cruces, NM 88011
Office Property For Sale

Property Features: •5.75% CAP •NOI: $209,120 •Additional Annual Income (Signage Allowance): $7,262.28 •Single Tenant NNN (Landlord Responsibilities Provided Upon Request) •Memorial Medical Center (LifePoint Health Hospital) •Institutional Location •Lease Guarantor: Las Cruces Physician Practices, LLC •5 years remaining on base term w/ 2% Annual Increases Location Overview: This "Class A" Medical Office Building is located on the hard corner of Sonoma Ranch Blvd and Highway 70. The medical facility serves 68,000 Residents within a 5 mile radius. To the east of the property along Highway 70 is White Sands Missile Range and NASA, two of the largest employers in the region. Approximately two miles north of the site is Metro Verde, a master planned community anchored by Red Hawk Golf Course. Metro Verde is approved for 7,000 residential dwellings at full build out. Immediately to the south of the site is Sonoma Ranch, which is the largest master planned community in Las Cruces.