100% LEASED - Gross Income $238,800 Turnkey Class A Medical Office Investment
1101 Golf Course Rd SE Rio Rancho, NM 87124
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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
Name | Rate | SF |
---|---|---|
Suite 203 | $3,600 /Month | 2,518 SF |
Attachments
For Sale
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