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Property profile & analytics
OFF-MARKET
Medical Office Space

4026 Prince St Clovis, NM 88101

6,500 SF 2.86 ac lot Built 2023
Property ID
US61-0840334
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 6,500-square-foot medical office building in Clovis, New Mexico. Located at 4026 N Prince St, 88101, this property sits on a 2.86-acre lot and boasts a 100% occupancy rate with a strong, long-term tenant. The building, constructed in 2023, is subject to a 20-year triple-net (NNN) lease with an annual net operating income (NOI) of $372,453 and a 7.49% cap rate. The asking price is $4,970,045. The lease includes four, five-year tenant renewal options, extending the potential lease term to 40 years. Annual rent increases of 2% commence in year six, providing significant long-term growth potential. This is a single-tenant property offering exceptional stability and passive income generation. The property's prime location in Curry County ensures high visibility and accessibility. This is an ideal investment for those seeking a secure, high-return medical office property with substantial long-term growth prospects.

Property profile
Verified
Property type Medical Office Space
Year built 2023
Total area 6,500 SF
Lot 2.86 ac (124,582 SF)
UPID US61-0840334
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Parachute - Plasma Donation Center Medical Clinic
  • Carpet & Flooring USA of Clovis Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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