150 Roadrunner Pkwy Las Cruces, NM 88011
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High-Cap Rate Medical Office in Las Cruces, NM
Property size:
15,789 SFProperty Features for 150 Roadrunner Pkwy
General Information
- Property type
- Medical Office Space
- Square Feet
- 15,789 SF
- Lot Size
- 97,139 SF
Building Details
- Stories
- 1
Listing Agency: NAI 1st Valley Listing Agent: Randy Mcmillan
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 15,789 square foot medical office building, located at 150 Roadrunner Pkwy in Las Cruces, New Mexico, presents a compelling investment opportunity. Priced at $4,250,000, the property boasts a strong 7.55% capitalization rate and a net operating income (NOI) of $321,032. The single-tenant, modified lease structure provides stability and predictable cash flow. The building features a single story design constructed of structural steel and stucco, situated on a 2.23-acre lot providing ample parking to accommodate the medical practice's needs. Its prime location offers excellent visibility and accessibility, less than half a mile from the Mountain View Medical Campus and 2.9 miles from Memorial Medical Campus. The high traffic count of 7,583 vehicles per day further enhances its desirability. This turnkey medical office building is ready for immediate occupancy and presents a rare opportunity to acquire a high-performing asset in a growing market. The property's current configuration is ideal for a medical practice, offering a well-established foundation for continued success. The price per square foot is $269.17. The property is located in Doña Ana County, New Mexico, zip code 88011.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Robert Schwartz, MD
Physician
Memorial Bone + Joint ...
Medical Clinic
Omar Jan, PA-C, ...
Physician
Eric Sandoval, MD
Physician
Fernando Ravessoud, MD
Physician
Location Insight
- Map
- Local Demand
- City
- Las Cruces
- County
- Doña Ana
- State
- New Mexico
- Longitude
- -106.7336459
- Latitude
- 32.3242538
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FAQs
What type of property is this?
Medical Office Space - High-Cap Rate Medical Office in Las Cruces, NM
Where is this medical office space located?
The property is located at 150 Roadrunner Pkwy Las Cruces, NM.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: 15,789 SF medical office building in Las Cruces, NM, priced at $4,250,000.; 7.55% capitalization rate and $321,032 NOI.; Single-tenant, modified lease provides stable cash flow.
