This is a great investment property for someone looking for a high return on their investment with tremendous appreciation in a fast growing medical practice neighborhood. The building is rented to a national franchise on a triple net lease at current market rents with built in escalation for the next 12 years. The building has been completely renovated to accommodate the needs of the tenant who happens to be one of the most successful optometry - specialty medical practices in town. The offer is for a 50% interest in the building that requires an investment of approximately $500,000.00 which will produce a 6.5% return on the investment.
Listing information provided courtesy of the Santa Fe Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 26th September, 2023 4:44 AM (UTC)
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