Government-Leased Office
1 Sunset Plaza COUR, Roswell, NM 88201
For Sale
New
$130,000
A government tenant occupies the property under a lease with renewal options extending the term.
Property Size1,224 SF
Price / SF$106.21
Days on Market2
Property Features for 1 Sunset Plaza COUR
General Information
Standard status
Size
Additional Details
Tenant in Place
Property Use
Building Details
Buildings
Building Size
Tenancy
Listing Agency:
Keller Williams Roswell
(575) 600-6114
Listed By:
Riley A Armstrong · License NM #47510
(575) 910-4655
Source:
Homesteaders-realty
Added: Nov 12
Last Checked: Nov 12 at 2:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Roswell
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 1,224-square-foot office building is leased to the New Mexico Aging and Long Term Services Department. The current agreement began July 1, 2019, and runs through June 30, 2029, with options for up to ten additional years.
The base lease rate remains fixed during the term, while annual operating costs increase by 1.5%.
The base lease rate remains fixed during the term, while annual operating costs increase by 1.5%.
Key Highlights
- 1,224‑square‑foot office building leased to the New Mexico Aging and Long Term Services Department
- Lease runs from July 1, 2019, through June 30, 2029, with renewal options for up to ten additional years
- Annual operating costs increase by 1.5%; base lease rate is fixed during the term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 88201, NM
26,471
Population
11,738
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
87%
High-School Grad
2,643.3 sq mi
ZIP Area
10
Density / Sq Mi
$62,752
Median Household Income
$36,935
Median Earnings
$957
Median Rent
$202,600
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - A government tenant occupies the property under a lease with renewal options extending the term.
Where is this office building located?
The property is located at 1 Sunset Plaza COUR Roswell, NM.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 1,224‑square‑foot office building leased to the New Mexico Aging and Long Term Services Department; Lease runs from July 1, 2019, through June 30, 2029, with renewal options for up to ten additional years; Annual operating costs increase by 1.5%; base lease rate is fixed during the term
