Office

New Mexico Dept. of Health

Roswell, NM

Asking Price

$612,000

Cap Rate

8.29%

New Lease Renewal

for 5 Years

Rent Bumps

±2.0% Annually

Tenant Since

2008

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Investment Grade Tenant

S&P: AA/Stable

Square Feet

±6,007 SF

INVESTMENT HIGHLIGHTS

Strong Historical Occupancy at Subject Property by State of New Mexico
New Five-Year Lease Renewal, with Desirable ±2% Annual Rent Increases

Investment Grade Tenant – State of New Mexico
Multiple Building Expansions – Partial Roof Replacement