Active

100% LEASED - Gross Income $238,800 Turnkey Class A Medical Office Investment

1101 Golf Course Rd SE Rio Rancho, NM 87124

1 / 33

Overview

OWNER FINANCING AVAILABLE. SUITE 203 - AVAILABLE 5/1/25 - 2,518 SF.

This fully-leased,  two-story  six-suite 16,114 SF medical-grade office building sits on 0.9 acres with 48 parking spaces, a parking ratio of 3.06/1,000 SF, and generates $238,800 in annual rental income, offering stable income and value-add potential through lease renewals or owner occupancy. Suite 203 with 2,518 SF is coming up for renewal 5/1/25 & owner financing is available with $1,300,000 down; A rare blend of stability and value-add potential! 

The property boasts a great Monument sign with direct frontage on Golf Course Rd (12,317 VPD),  within a mile of the bustling Golf Course & Southern intersection (26,174 VPD). This property is zoned NC (Neighborhood Commercial) – ideal for medical offices, retail, schools, or banks.  The building was built to Medical-grade standard, and comes with enhancements like 3-phase power, elevator, fire sprinklers, and large arched windows with beautiful Sandia Mountain views making it great for medical or professional use.

Potential for owner occupancy with owner financing available—don't miss this exceptional opportunity to establish or expand your business in a high-visibility, premium setting!

» Owner Financing Available

» Possible Owner Occupant Play - Suite 203 - 2,518 SF - Available 5/1/25

» Class A Medical Office

» 14 Years of Continuous Medical Use

» 16,114 SF - 6 Suites

» 48 Parkings Spaces, 3.06/1,000 Parking Ratio 

» Land Area: .9014 acres 

» Zoning: NC - Neighborhood Commercial 

»Direct frontage on Golf Course Rd (12,317 VPD)

»Golf Course & Southern (26,174 VPD)

» Great Frontage on Golf Course 

» Less than a mile away from Golf Course & Southern 

» Monument Sign 

» Admirable Landscaping 

» Value Add Play

Lease Spaces

NameRateSF
Suite 203$3,600 /Month2,518 SF

For Sale

Office
Healthcare

Secondary Uses: Medical, Office Building, Research & Development, Executive Suites, Data Center/Call Center, Governmental, Financial, Institutional, Business Park, Mixed Use

Sale Price
$2,900,000
Price Per SF
$180/SF
Investment
Yes
Cap Rate
7.12%
Gross Income
$238,800
Building Size
16,114 SF
Acres
0.9 ac
Zoning
NC
Zoning Description
Neighborhood Commercial
Building Class
A
Number Of Buildings
1
Floors
2
Year Built
2010
Construction Type
Framed
Parking Ratio
3.06 / 1000
Parking Spaces
48
Submarket
Rio Rancho
Nearest MSA
Albuquerque
Property Use Type
Investment
Property Status
Existing
Vehicles Per Day
12,317 VPD
Average Occupancy Rate
100
Nearest Interstate
I25 & I40 - 6.5 mi
Nearest Highway
Pat D Arco Highway(528) - 1.17 mi
Nearest Airport
Sunport Airport - 13.6 mi
County
Sandoval
Created
2023-10-17
Updated
2025-01-27
Listing ID
2d15c9dc

Contact Brokers