State of New Mexico Long Term Lease - For Sale
101 Garland Dr Moriarty, NM 87035
Overview
For Sale by Owner: Single-Tenant Investment Opportunity at 101 Garland Drive, Moriarty, NM 87035
Price: $2,078,929 | 7,512 Square Feet | 7% Cap Rate
Presenting an outstanding single-tenant investment opportunity with a long-term lease to the State of New Mexico’s Children, Youth & Families Department (CYFD). Located in the growing community of Moriarty, NM, this property is ideally suited for investors seeking a stable, low-risk income stream with a secure tenant in place for the next 18 years.
Key Features:
- 7,512 Square Feet of modern office and conference space, built in 2023
- Single-Tenant Lease with the State of New Mexico’s CYFD, offering a 20-Year Lease with 18 years remaining
- 7% Cap Rate, providing strong return on investment
- Durable Construction featuring a metal roof and aluminum storefront windows
- Flexible Layout with non-load bearing interior walls for customizable office configurations
- Comprehensive Amenities including 5 water closets, 2 drinking fountains, 1 service sink, and 2 exits for maximum convenience
- Ample Parking with both public and private spaces, including ADA-accessible parking
This property serves as the operational hub for the CYFD’s critical services, supporting New Mexico’s children and families through prevention, intervention, rehabilitation, and after-care programs. The long-term lease with a reliable state agency ensures consistent, dependable rental income, making this a prime opportunity for investors.
Take advantage of this rare offering—contact us today for more information about securing this stable, income-producing property in Moriarty, NM!
For further details regarding the sale of the CYFD property, including financial information such as bank roll and operating expenses, please complete and return the confidentiality agreement.
Attachments
For Sale
- Sale Price
- $2,078,929
- Price Per SF
- $276.7/SF
- Cap Rate
- 7%
- Building Size
- 7,512 SF
- Acres
- 1.1 ac
- Zoning
- C-2 Community Commercial Zone
- Zoning Description
- C-2
- Tenant
- CYFD
- Building Name
- CYFD
- Property Status
- Existing
- County
- Torrance
- Created
- 2024-11-26
- Updated
- 2025-01-02
- Listing ID
- 2d1d816a
- Parcel APN
- 1044054378057000000