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566 N Telshor Blvd 7,729 SF 100% Leased Office Building Las Cruces, NM 88011 $1,731,370 ($224.01/SF) 7.50% Cap Rate
Investment Highlights
- Easy access to I-25
- Prime location on N Telshor Blvd, a major commercial corridor
- Great visibility from I-25, with strong traffic counts - 31,313 AADT
Executive Summary
• Well established multi-tenant medical/professional office building
• 100% occupancy with strong tenant mix
• Includes ample parking and maintained landscaping
• 100% occupancy with strong tenant mix
• Includes ample parking and maintained landscaping
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
7,729 SF
Building Class
C
Year Built
1989
Price
$1,731,370
Price Per SF
$224.01
Cap Rate
7.50%
NOI
$129,853
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,729 SF
Building FAR
0.16
Lot Size
1.08 AC
Parking
56 Spaces (7.29 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Numbers | Improvements Assessment | $582,570 | |
| Land Assessment | $156,816 | Total Assessment | $739,386 |
Property Taxes
Parcel Numbers
Land Assessment
$156,816
Improvements Assessment
$582,570
Total Assessment
$739,386
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566 N Telshor Blvd
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