1380 E Highway 180
Silver City, New Mexico 88061, United States

MLS#: 40510

$1,240,960 USD

The details

Property features

Date Updated: Aug 10, 2024

Construction details

Year built
2000

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.

Location

1380 E Highway 180, Silver City, New Mexico 88061, United States
map image
Courtesy of Cecilia McNicoll CENTURY 21 Hacienda Realty