1380 E Highway 180, Silver City, NM

Others for Sale - $1,163,400


Agent Info

Cecilia McNicoll
CENTURY 21 Hacienda Realty

Property Info

CIMLS#1164021
Location
  1380 E Highway 180
  Silver City NM 88061
UpdatedApril 8th, 2025
TypeOthers
Price$1,163,400

Property Description

Centrally located on the corner of Hwy 180 E & Hilltop Rd this commercial building currently functions as a medical clinic supporting Silver City & surrounding communities. Constructed in 2000 as medical offices and clinic spaces with more than 25 paved parking spaces including ADA designated spaces. A 14 KW photovoltaic inter-tie grid solar system was installed in 2017. Tenant triple net lease expires12/31/2033. Tenant pays all taxes, insurance, and non-structural repairs. Annual rent income for 2024 (NOI) is $93,072. Rent escalation clause is 2.5%. Annual rental income projection for 2033 is $116,234.


Financials