Medical Clinic on Highway
For Sale
Contact for pricing
1380 E Highway 180, Silver City, NM 88061
Commercial building functioning as a medical clinic with long-term tenant.
Property Size3,900 SF
Price / SF$250
Days on Market734
Property Features for 1380 E Highway 180
General Information
Standard status
Active
Size
3,900 SF
Property subtype
Special Purpose
Zoning
Commercial
Lease Type
NNN
Net Operating Income
$95,399
Building Details
Year Built
2000
Units
1
Tenancy
Single
Listing Agency:
CENTURY 21 Hacienda Realty
(575) 574-8549
Listed By:
Cecilia Mcnicoll · License #NM
Source:
Crexi
Added: Aug 8, 2024
Changed: Aug 11
Last Checked: Aug 11 at 9:55AM
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 CENTURY 21 Hacienda Realty
Investment Insights
Based on property information with market context.
This commercial building, constructed in 2000, is centrally located on the corner of Highway 180 E and Hilltop Rd and currently functions as a medical clinic supporting Silver City and surrounding communities. The property features more than 25 paved parking spaces, including ADA designated spaces. A 14 KW photovoltaic inter-tie grid solar system was installed in 2017. The tenant's triple net lease expires on 12/31/2033, with the tenant responsible for all taxes, insurance, and non-structural repairs. The annual rent income (NOI) for 2024 is $93,072, with a 2.5% rent escalation clause. The annual rental income projection for 2033 is $116,234. The property size is 3,900 square feet.
Key Highlights
- Long‑term tenant lease in place until 12/31/2033, providing stable income.
- Current annual net operating income (NOI) of $93,072.
- Rent escalation clause of 2.5% resulting in projected annual rental income of $116,234 in 2033.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 88061, NM
17,429
Population
9,049
Households
1.9
Avg Household Size
48
Median Age
30%
College-Educated
90%
High-School Grad
897.2 sq mi
ZIP Area
19
Density / Sq Mi
$47,099
Median Household Income
$27,019
Median Earnings
$841
Median Rent
$185,000
Median Home Value
Market
Vacancy Rate% for Office in West region
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Similar Off Market Nearby
- Advanced Veterinary Care — 212 US-180, Silver City, NM 88061
- Town & Country Veterinary Clinic — 2035 Memory Ln, Silver City, NM 88061
- Gila Animal Clinic — 2435 US-180, Silver City, NM 88061
- Brown Daryl K DVM — 2035 Memory Ln, Silver City, NM 88061
- Town & Country Veterinary Clinic: Warren Kelly DVM — 2035 Memory Ln, Silver City, NM 88061
Frequently Asked Questions
What type of property is this?
Medical Office Space - Commercial building functioning as a medical clinic with long-term tenant.
Where is this medical office space located?
The property is located at 1380 E Highway 180 Silver City, NM.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Long‑term tenant lease in place until 12/31/2033, providing stable income.; Current annual net operating income (NOI) of $93,072.; Rent escalation clause of 2.5% resulting in projected annual rental income of $116,234 in 2033.
