1511 Lime Street, Deming, NM 88030 - Luna County

PRICE REDUCED! Here is a solid commercial investment opportunity in Deming, NM. This medical facility has a long term lease in place with a well established medical group. Annual rental income stream exceeds $160,000. Constructed in late 2006, this attractive 6,500 sf medical clinic and Urgent Care Center is located on a high visibility route. The facility has a spacious reception area, 12 rooms and 6 bathrooms. There is ample parking both covered,open and ADA designated in the paved parking lot. A 44 KW photovoltaic inter-tie grid solar system was installed in 2017. Triple net lease expires in 12/31/2033. Tenant pays taxes, insurance, utilities and non-structural repairs. Annual rent income for 2024 (NOI) was $161,700. Rent escalation clause is 2.5%. Annual rent projection for 2033 is $201,941. Contact listing broker for OM. Commercial listings MLS 40512, 40510, 40508 also available.

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