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NNN-INVESTMENT - Healthcare Professional Plaza - DENTAL OFFICE

1851 U.S. Rte 66, Building C Edgewood, NM 87015

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Overview

Key Investment Highlights: 

• Secure Lease Agreement: Edgewood Family Dentistry is committed to a 10-year lease term, with options to renew, providing a long-term income stream. Do not disturb tenant, thank you.

• NNN Lease Structure: The triple-net (NNN) lease structure ensures that the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, thereby minimizing the landlord's expenses. 

• Annual Increases: The lease agreement includes annual increases, providing a hedge against inflation and ensuring that the investment keeps pace with rising costs. 

• Stable Tenant: Edgewood Family Dentistry has a proven track record, and their commitment to the property until 2027 provides a secure and stable income stream. This investment opportunity offers a combination of security, stability, and potential for long-term growth, an enhancement to any investment portfolio. 

Cost Segregation Study available upon request. Contact April to discuss further.  505.269.5771

Key Investment Highlights: 

• Secure Lease Agreement: Edgewood Family Dentistry is committed to a 10-year lease term, with options to renew, providing a long-term income stream. Do not disturb tenant, thank you.

• NNN Lease Structure: The triple-net (NNN) lease structure ensures that the tenant is responsible for all operating expenses, including property taxes, insurance, and maintenance, thereby minimizing the landlord's expenses. 

• Annual Increases: The lease agreement includes annual increases, providing a hedge against inflation and ensuring that the investment keeps pace with rising costs. 

• Stable Tenant: Edgewood Family Dentistry has a proven track record, and their commitment to the property until 2027 provides a secure and stable income stream. This investment opportunity offers a combination of security, stability, and potential for long-term growth, an enhancement to any investment portfolio. 

Cost Segregation Study available upon request. Contact April to discuss further. 

Attachments

For Sale

Investment
Sale Price
$980,000
Price Per SF
$272.2/SF
Cap Rate
8.8%
Building Size
3,600 SF
Acres
0.249 ac
Gross Income
$92,717
Net Operating Income
$86,227.18
Tenant
Edgewood Family Dentistry
Former Tenant
Owner-Occupied dental practice
Building Name
Edgewood Professional Medical & Dental Plaza
Building Class
B
Floors
1
Year Built
2010
Submarket
Edgewood
Property Use Type
Net Leased (NNN)
Property Status
Existing
Average Occupancy Rate
100
Nearest Interstate
Interstate 40
Nearest Airport
ABQ International Airport - Sunport
County
Santa Fe
Created
2025-03-07
Updated
2025-04-14
Listing ID
f99c2d95

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