1380 Hwy 180th E Silver City, NM 88061-7844

Prime commercial property located at 1380 E Highway 180, Silver City, NM 88061, situated on the corner of Hwy 180 E & Hilltop Rd. This exceptional investment opportunity features a well-established medical clinic currently operating under a triple-net lease expiring December 31, 2033. The building, constructed in 2000, offers ample parking with over 25 paved spaces, including ADA-compliant spots. The property boasts a 14 KW photovoltaic inter-tie grid solar system installed in 2017, contributing to energy efficiency and potential cost savings. The current tenant is responsible for all taxes, insurance, and non-structural repairs, minimizing owner responsibilities. The Net Operating Income (NOI) for 2024 is projected at $93,072, with a 2.5% annual rent escalation clause built into the lease. This ensures consistent income growth, with a projected NOI of $116,234 by 2033. The asking price for this exceptional investment is $1,240,960. This property presents a strong, stable income stream with significant long-term growth potential, making it an ideal addition to any commercial real estate portfolio. The property is zoned for commercial use and serves the Silver City and surrounding communities.