428 Los Lentes Rd Los Lunas, NM 87031
- Commercial real estate
- 12,698 SF
- 1.48 lot acres
Current Use by Public Records
- Youth Development Inc / Youth Organization
- Kristen L. Fudzinski, LMHC / Counselor / Doctor
- TeamBuilders Behavioral Health / Mental Health Clinic
- Marie Gutierrez-Diaz / Social Worker
- Annalisa Golowacz, MA / Counselor
Property Details for 428 Los Lentes Rd
- Year built
- 1992
- Lot size
- 1.48 lot acres
- Property size
- 12,698 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 12,698 square foot Class B office building situated on a 1.482-acre lot at 428 Los Lentes Rd SE in Los Lunas, New Mexico. The property, built in 1992, boasts a 100% occupancy rate with three individual executive office units, generating a strong net operating income (NOI) of $80,964 and a 9.00% capitalization rate. Priced at $899,600 ($70.85 per square foot), this multi-tenant property offers a modified lease structure. The property is zoned for Community Commercial use and benefits from ample fenced parking. Its convenient location offers easy access to I-25 (only two miles away) and numerous nearby amenities, all within a quiet neighborhood. The property's location along the east side of Los Lentes Rd provides excellent visibility and accessibility. This is a turnkey investment opportunity with significant potential for future growth and return. The property features a total of three units, providing flexibility for various business needs. The building is well-maintained and offers good quality professional office space.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Lunas
- County
- Valencia
- State
- New Mexico
- Longitude
- -106.7285779
- Latitude
- 34.8026379