Active
Arrowhead Park: Building 1
4605 Research Park Cir Las Cruces, NM 88001
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Overview
- Two State of New Mexico tenants with long-term leases
- Favorable ground lease terms. Initial term expires 7/25/2047, three (3) additional five (5) year options to extend.
- Located within NMSU’s 257-acre, Arrowhead Research Park
- Direct visual exposure and easy access to Interstate 25 and 10
- Access to NMSU resources and strategic partners
- Opportunities for business to partner with NMSU in pursuit of grants and contracts
- Access to the Arrowhead Technology Incubator and the National Security Technology Incubator
- On-site world-class telecommunication network
For Sale
Office
Secondary Uses: Office Building, Research & Development, Business Park
- Sale Price
- $2,400,000
- Price Per SF
- $154/SF
- Investment
- Yes
- Cap Rate
- 8.16%
- Net Operating Income
- $195,930
- Building Size
- 15,589 SF
- Acres
- 1.421 ac
- Building Name
- Arrowhead Park: Building 1
- County
- Doña Ana
- Created
- 2024-05-07
- Updated
- 2024-12-30
- Listing ID
- 661fd7ac
- Parcel APN
- 4-009-137-097-505