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6588 E Main St 7,855 SF Office Building Farmington, NM 87402 $1,668,510 ($212.41/SF) 7.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 7.25% Cap Rate on In-Place Income
- Single-Tenant Medical Condo – 100% Leased
- High-Traffic, High-Visibility Location on East Main Street
- Current Annual Rental Income: $120,967
- NNN Lease – Minimal Landlord Responsibilities
- Tenant: Sundance Dental Care (Established Regional Operator)
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
7,855 SF
Building Class
B
Year Built
2004
Price
$1,668,510
Price Per SF
$212.41
Cap Rate
7.25%
NOI
$120,967
Tenancy
Single
Building Height
1 Story
Typical Floor Size
7,855 SF
Building FAR
2.00
Lot Size
0.09 AC
Zoning
C-1 - General Commercial
PROPERTY TAXES
| Parcel Number | 4005958 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $363,827 |
PROPERTY TAXES
Parcel Number
4005958
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$363,827
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6588 E Main St
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