1851 U.S. Rte 66 Building C

$980,000

1851 U.S. Rte 66 Building C, Edgewood, NM 87015

For Sale

Office Medical

Active

Last Updated: 07/02/2025

Details:

NOI: $86,227.18

Building Size: 3,600 sqft

Lot Area: 0.249 acres

Offered by

April Ager

Real Estate Broker-Consultant-Investor-Mentor

Legacy

#14254

Request Info to Unlock

Highlights:

Gross Income: $ 92717.0
Lot Size: Under 1/2 Acre
Sewer: City
Water: City Water

Description:

Key Investment Highlights:
• Secure Lease Agreement: Edgewood Family Dentistry is committed to a 10-year lease term, with options to renew, providing a long-term income stream. Do not disturb tenant, thank you.
• NNN Lease Structure: The triple-net (NNN) lease structure ensures that the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, thereby minimizing the landlord's expenses.
• Annual Increases: The lease agreement includes annual increases, providing a hedge against inflation and ensuring that the investment keeps pace with rising costs.
• Stable Tenant: Edgewood Family Dentistry has a proven track record, and their commitment to the property until 2027 provides a secure and stable income stream. This investment opportunity offers a combination of security, stability, and potential for long-term growth, an enhancement to any investment portfolio.
Cost Segregation Study available upon request. Contact April to discuss further. 505.269.5771