1851 U.S. Rte 66 Building C
Edgewood, NM
Office for Sale - $980,000 - 3,600 Sq. Ft.
Agent Info
April Ager Coldwell Banker Commercial Las Colinas |
Property Info
CIMLS# | 1178178 |
Location 1851 U.S. Rte 66 Building C Edgewood NM 87015 | |
Updated | July 1st, 2025 |
Type | Office |
Price | $980,000 |
Building | 3,600 Sq. Ft. |
Property Description
Key Investment Highlights:
• Secure Lease Agreement: Edgewood Family Dentistry is committed to a 10-year lease term, with options to renew, providing a long-term income stream. Do not disturb tenant, thank you.
• NNN Lease Structure: The triple-net (NNN) lease structure ensures that the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, thereby minimizing the landlord's expenses.
• Annual Increases: The lease agreement includes annual increases, providing a hedge against inflation and ensuring that the investment keeps pace with rising costs.
• Stable Tenant: Edgewood Family Dentistry has a proven track record, and their commitment to the property until 2027 provides a secure and stable income stream. This investment opportunity offers a combination of security, stability, and potential for long-term growth, an enhancement to any investment portfolio.
Cost Segregation Study available upon request. Contact April to discuss further. 505.269.5771