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Investment For Sale

Long-Term Government-Lease Investment

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Details

Category Investment
Type For Sale
Sale Price $1,695,000.00
CAP Rate 6.9%
NOI $117,635
Year Built 2026
Zoning C-2

Description

New construction
Investment with government, credit tenant
Tenant – New Mexico Corrections Department Adult Probation & Parole Division
10-year initial lease with renewal options through 2046
New construction, build-to-suit facility
Occupied April 2026
Mission-critical use
Annual operating cost escalations
Lease protection clause
20 dedicated parking spaces

Documents

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Investment For Sale

Long-Term Government-Lease Investment

Details

Description

Documents

Listing Advisors

Office

Lisa Mercer, CCIM

Office

Martha Carpenter

Stay Informed

Search NAI SunVista

Investment For Sale

Long-Term Government-Lease Investment

Details

Description

Documents

Listing Advisors

Office

Lisa Mercer, CCIM

Office

Martha Carpenter

Newsletter

Stay Informed