Great Investor Opportunity - Espanola Medical Offices

Office for Sale
Catylist Listing ID: 29572278
Property Subtypes: Executive Suites, Medical
Building Size (RSF): 5,781 SF
Gross Building Area: 30,448 SF
Gross Land Area: 0.70 Acres
Sale Price: $650,000
Unit Price: $112.44 PSF
Property Use Type: Investment, Business
Building Name: Espanola Office Building
Class of Space: Class
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/22/2017

Overview / Comments

Great Investment Opportunity. 100% occupied!

Near Presbyterian Medical Hospital. Great location!

Financials

Finance Data Year 2014
Gross Operating Income $64,998 (Annual)
Actual or Proforma Year Actual

Current Tenants

Tenant Business Name Health Net Federal Services, LLC
Current Rent $5,200 PSF (Annual)

Additional Details

Nearest MSA: Espanola
County: Rio Arriba
Zoning: ESPANOLA HISTORICAL ZONE
Market Type: Medium
Road Type: Paved
Property Visibility: Excellent
Site Description: Near main hospital in Espanola
Number of Stories: 1
Year Built: 1978
Year Renovated: 2010
Roof Type: Other
Construction/Siding: Wood Frame
Parking Type: Surface
Heat Type: Electricity
Zoning Description: R-6, Urban Residential District

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,557 12,800 18,665
Median Age: 38.31 36.92 37.51
Households: 1,085 5,018 7,306
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