925 Anthony Dr Anthony, NM 88021
- Office Properties & Spaces
- 15,145 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 925 Anthony Dr
- Property size
- 15,145 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Investment properties
Description
This exceptional investment opportunity presents a 15,145 square foot office building in Anthony, New Mexico, currently leased to the Children, Youth, and Family Department and the Corrections Department - Probation and Parole. Boasting a strong 6.50% cap rate and a substantial net operating income (NOI) of $243,444, this multi-tenant property offers a secure and lucrative return. The building sits on approximately 2.16 acres and enjoys a highly visible location within walking distance of other federal, state, and local government agencies. With a remaining lease term of 8 years, this investment provides long-term stability and predictable cash flow. The property's strategic location in Anthony, NM, midway between Las Cruces, NM, and El Paso, TX, benefits from a combined population of nearly one million, ensuring consistent demand and accessibility. High traffic counts of 7,188 vehicles per day further enhance the property's visibility and potential. The asking price is $3,745,303.95. This is a rare chance to acquire a well-positioned, government-leased office building with significant upside potential. Don't miss this opportunity to add a stable, high-yielding asset to your portfolio.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anthony
- County
- Doña Ana
- State
- New Mexico
- Longitude
- -106.607
- Latitude
- 32.0104
