Single-Tenant Medical Office
For Sale
Contact for pricing
Pending
6588 E Main St, Farmington, NM 87402
Fully leased condominium medical office with a triple-net lease structure and renewal options supporting future rent growth.
Property SizeContact for details
Days on Market141
Property Features for 6588 E Main St
General Information
Standard status
Pending
Property subtype
Office
Listing Agency:
Graystone Capital Advisors
(888) 737-2264
Listed By:
Brenton Baskin · License #CA 01808681
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 1:06AM
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 Graystone Capital Advisors
Investment Insights
Based on property information with market context.
This 7,855-square-foot medical office condominium is fully leased to a single occupant, Sundance Dental Care, operated by 6588 East Main Street Farmington Services, LLC. The property functions as a dedicated dental-care facility and is configured as a single-tenant medical office asset.
The lease is structured on a NNN basis, with the tenant responsible for operating expenses other than roof, structure, ADA, and condominium compliance obligations. The current term runs through January 31, 2030, with 4.5 years remaining. Two five-year renewal options provide a 10% rent increase with each option period if exercised.
The property is located at 6588 E Main Street in Farmington, New Mexico, along the area's main commercial corridor and near residential neighborhoods and essential services.
The lease is structured on a NNN basis, with the tenant responsible for operating expenses other than roof, structure, ADA, and condominium compliance obligations. The current term runs through January 31, 2030, with 4.5 years remaining. Two five-year renewal options provide a 10% rent increase with each option period if exercised.
The property is located at 6588 E Main Street in Farmington, New Mexico, along the area's main commercial corridor and near residential neighborhoods and essential services.
Key Highlights
- 7,855 SF single‑tenant medical office condominium
- 100% leased to Sundance Dental Care
- NNN lease with exceptions for roof, structure, ADA, and condo compliance
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
150
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 87402, NM
11,646
Population
4,146
Households
2.8
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
15.5 sq mi
ZIP Area
751
Density / Sq Mi
$76,992
Median Household Income
$43,958
Median Earnings
$1,042
Median Rent
$269,100
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Fully leased condominium medical office with a triple-net lease structure and renewal options supporting future rent growth.
Where is this medical office space located?
The property is located at 6588 E Main St Farmington, NM.
What are key features of this property?
This property features: 7,855 SF single‑tenant medical office condominium; 100% leased to Sundance Dental Care; NNN lease with exceptions for roof, structure, ADA, and condo compliance
