Listing Agency: NAI SunVista

Listed By: Lisa Mercer, CCIM Show Phone

Source: Carnm.resimplifi

Added: Jul 2 Changed: Oct 1 Last Checked: Oct 20 at 5:14PM

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Investment Insights

Based on property information with market context.

This newly constructed office building is offered for sale as an investment with a credit tenant in place. The property is configured as office real estate and is currently operating under the referenced tenant relationship.

The building is located at 804 S Halagueno St. in Carlsbad, New Mexico (88220).

Key Highlights

• New construction office building for sale
• Credit tenant in place

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Dental Office Electrical Service HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

836

Businesses Nearby

Explore this area Business Placement

Demographics for 88220, NM

40,762

Population

17,692

Households

2.3

Avg Household Size

36

Median Age

20%

College-Educated

84%

High-School Grad

1,907.6 sq mi

ZIP Area

21

Density / Sq Mi

$79,668

Median Household Income

$45,302

Median Earnings

$1,218

Median Rent

$192,600

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

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Frequently Asked Questions

What type of property is this?

Office building - New construction office building for sale with a credit tenant in place.

Where is this office building located?

The property is located at 804 S Halagueno St Carlsbad, NM.

What is the asking price?

The asking price for this property is $1,649,000.

What are key features of this property?

This property features: New construction office building for sale; Credit tenant in place