1600 32Nd StSilver City, NM 88061

Exceptional investment opportunity in Silver City, New Mexico's medical district. This property, situated at the corner of Highway 15 and 32nd Street, is a well-established medical clinic/urgent care center serving Silver City and the surrounding communities. Built in 1985, the main building boasts over 25 rooms and 9 bathrooms, providing ample space for various medical uses. The property includes extensive parking with 12 covered spaces, 35 open spaces, and ADA-designated parking. A significant advantage is the 95 kW photovoltaic inter-tie grid solar system installed in 2017, contributing to energy efficiency and cost savings. In addition to the main building, there's a 2,000 square foot auxiliary building currently used as an IT/training/meeting facility, and a separate 1,200 square foot metal storage unit. The property benefits from a triple net lease with the current tenant, expiring December 31, 2033. The tenant is responsible for all taxes, insurance, and non-structural repairs. The net operating income (NOI) for 2024 is projected at $307,920, with a 2.5% annual rent escalation clause, leading to a projected NOI of $384,550 by 2033. This property presents a strong and stable income stream with significant long-term growth potential. Asking price is $4,105,600.