1511 Lime Street Deming, New Mexico 88030, United States
The Commercial for Sale located at 1511 Lime Street Deming New Mexico 88030 is currently for Sale, 1511 Lime Street Deming New Mexico 88030 is listed for $2,156,000. If the property located at 1511 Lime Street Deming New Mexico 88030 isn't what you're looking for, search New Mexico Real Estate to see other Commercial for Sale in Deming .
MLS#: 40514
$2,156,000 USD
Property features
Construction details
- Year built
- 2006
Description
Here is a solid commercial investment opportunity in Deming, NM. This medical facility has a long term lease in place with a well established medical group. Annual rental income stream exceeds $160,000. Constructed in late 2006, this attractive 6,500 sf medical clinic and Urgent Care Center is located on a high visibility route. The facility has a spacious reception area, 12 rooms and 6 bathrooms. There is ample parking both covered, open and ADA designated in the paved parking lot. A 44 KW photovoltaic inter-tie grid solar system was installed in 2017. Triple net lease expires in 12/31/2033. Tenant pays taxes, insurance, utilities and non-structural repairs. Annual rent income for 2024 (NOI) is $161,700. Rent escalation clause is 2.5%. Annual rent projection for 2033 is $201,941.