4401 E Lohman Ave - Medical FOR SALE


Las Cruces, NM 88011
$8,500,000 USD
615-339-3467
4401 E Lohman Ave, Las Cruces, NM for Sale
$8,500,000 USD
Medical - FOR SALE
1/1
null | 7.07% Cap Rate

4401 E Lohman Ave
Las Cruces, NM 88011


HIGHLIGHTS

  • PRICE: $8,500,000 | CAP: 7.10% | PSF: $332
  • TENANT: MountainView Children’s Center (CHS)
  • LEASE TERM: 6 Years Remaining
  • ANNUAL INCREASES: 1.50%
  • TYPE: NNN Lease
  • 5-MILE POP: 127,252 | 5-MILE HH INCOME: $67,033

OVERVIEW

Institutional Property Advisors is pleased to present the MountainView Children’s Center, a 25,582-square-foot medical office building located at 4401 East Lohman Avenue, Las Cruces, New Mexico. The property is strategically located with convenient access to Interstates 10 and 25, linking Albuquerque, San Diego, and Dallas. The property is anchored by Mountain View Children’s Group, a CHS-owned pediatric practice, offering healthcare services. It features a triple net (NNN) lease structure with 1.5% annual increases, ensuring steady cash flow with minimal management responsibilities. Located in a growing area with increasing demand for medical services, the property benefits from high visibility and accessibility.

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$332 USD /SF

CAP RATE

7.07%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CHS MountainView Children's Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,815 SF

ZONING

-

APN/PARCEL ID

02-40889

ASK ABOUT THIS PROPERTY

Joe MassaMarcus & MillichapMore Info
615-339-3467

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Joe MassaMarcus & MillichapMore Info
615-339-3467

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.