1 Sunset Plaza Court

Description:

This is an excellent investment opportunity, featuring a 1,224SF building with a government leased long-term agreementwith the New Mexico Aging and Long Term ServicesDepartment. The current lease agreement began on July 1,2019 and expires on June 30, 2029 with options to renew forup to an additional ten years. The base lease rate is fixedover the term, however, the annual operating costs areincreased by 1.5% annually. For more information, contactthe listing broker.