Catylist Listing ID: 28711412
Property Subtypes: Medical, Net Leased, Office Building, Other
Condo? Yes
Building Size (RSF): 4,500 SF
Sale Price: $1,360,000
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Doctors' Park
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.5%
Last Updated: 12/27/2018

Overview / Comments

Three office condominiums (Suites 3, 4 &5) located near Christus St. Vincent Regional Medical Center. There is a fully built-out Dentist Office with four exam areas, lab/x-ray room, medical assistant support area, executive office, main reception/administrative offices, storage rooms and an out- door patios, perfect for owner -operator use. The other two suites have been integrated and are the home to NM Dermatology Partners and leased for five years. Perfect for owner user who wants to derive income and reduce/eliminate occupancy costs.

Attachments & Media

Current Tenants

Tenant Business Name NM Dermatolgy Partners
Is Renting? Yes

Additional Details

Nearest MSA: Santa Fe
County: Santa Fe
Tax ID/APN: 1053097425272CS0000
Is Condo?: Yes
Zoning: HZ
Property Located Between: St. Michaels Dr and Galisteo St
Property Visibility: Good
Highway Access: Access to I-25, Hwy 285
Total Number of Buildings: 1
Number of Stories: 1
Construction/Siding: Stucco
Exterior Description: Nicely landscaped Adobe Offices in Dental/Medical Compound.
Parking Description: Parking Lot w/ample parking for visitors
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,471 47,812 70,723
Median Age: 42.7 47.36 44.98
Households: 5,135 23,541 33,182
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.