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Investment Highlights
- State-Backed Tenancy
- Strategic Regional Location
- Long-Term Lease Stability
- OM https://www.marcusmillichap.com/properties/193574/new-mexico-statebacked-office-portfolio
Executive Summary
Marcus and Millichap is please to exclusively represent 100, 200, and 300 Gossett Drive in Aztec, New Mexico. This investment opportunity features a portfolio of three
state government-occupied office buildings located in Aztec, New Mexico. Each property serves as a critical component of the state’s administrative infrastructure and is
fully leased to high-credit tenants, including the New Mexico State Engineer’s Office, the Office of the Courts, and the New Mexico Public Defender Department. These
agencies provide essential public services, ensuring the long-term stability and strategic importance of the locations.
state government-occupied office buildings located in Aztec, New Mexico. Each property serves as a critical component of the state’s administrative infrastructure and is
fully leased to high-credit tenants, including the New Mexico State Engineer’s Office, the Office of the Courts, and the New Mexico Public Defender Department. These
agencies provide essential public services, ensuring the long-term stability and strategic importance of the locations.
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Property Facts
| Price | $7,735,000 | Number of Properties | 3 |
| Price / SF | $315.89 / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 24,486 SF |
| Sale Type | Investment | Total Land Area | 11.19 AC |
| Status | Active |
| Price | $7,735,000 |
| Price / SF | $315.89 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 24,486 SF |
| Total Land Area | 11.19 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Admin Office of the Courts
200 Gossett Dr, Aztec, NM 87410 |
Office | 19,970 SF | 2000 | - |
|
New Mexico Public Defender
300 Gossett Dr, Aztec, NM 87410 |
Office | 2,516 SF | 2000 | - |
|
State Engineer/Behavior Change
100 Gossett Dr, Aztec, NM 87410 |
Office | 2,000 SF | 2000 | - |
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