4401 Lohman AveLas Cruces, NM 88011

This exceptional Class A medical office building, totaling 25,582 square feet, is located at 4401 E Lohman Ave, Las Cruces, NM 88011. The property boasts a strong 100% occupancy rate with a single tenant, MountainView Children’s Center, a CHS-owned pediatric practice. The building benefits from a long-term, triple-net (NNN) lease with 6.1 years remaining, expiring March 14, 2031, and featuring annual rent bumps of 1.5%. The current asking price is $8,500,000, representing a compelling 7.07% cap rate and a price per square foot of $332.26. The property enjoys a prime location with convenient access to Interstates 10 and 25, providing excellent visibility and accessibility. The lease includes one five-year renewal option at fair market value. The building's strong tenant, favorable lease terms, and strategic location make this an attractive investment opportunity in a growing market with a high demand for medical services. The Net Operating Income (NOI) is $601,011. The 5-mile population is 127,252, with a 5-mile household income of $67,033. This presents a stable and lucrative investment opportunity in a thriving healthcare market.