For Sale
$3,745,303.95

925 Anthony DrAnthony, NM 88021

High-Yield Government Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 15,145 square foot office building in Anthony, New Mexico, currently leased to the Children, Youth, and Family Department and the Corrections Department - Probation and Parole. Boasting a strong 6.50% cap rate and a substantial net operating income (NOI) of $243,444, this multi-tenant property offers a secure and lucrative return. The building sits on approximately 2.16 acres and enjoys a highly visible location within walking distance of other federal, state, and local government agencies. With a remaining lease term of 8 years, this investment provides long-term stability and predictable cash flow. The property's strategic location in Anthony, NM, midway between Las Cruces, NM, and El Paso, TX, benefits from a combined population of nearly one million, ensuring consistent demand and accessibility. High traffic counts of 7,188 vehicles per day further enhance the property's visibility and potential. The asking price is $3,745,303.95. This is a rare chance to acquire a well-positioned, government-leased office building with significant upside potential. Don't miss this opportunity to add a stable, high-yielding asset to your portfolio.

Highlights

  • $3,745,303.95 asking price for this 15,145 SF office building.
  • Multi-tenant office property with an 8-year lease term.
  • 6.50% cap rate with a $243,444 NOI.
  • Located at 925 Anthony Dr, Anthony, NM 88021, near other government agencies.
  • Currently occupied by state government agencies.

Property Details for 925 Anthony Dr

Property type
Office properties, Investment properties
Square Feet
15,145 SF

Location Insight

City
Anthony
County
Doña Ana
State
New Mexico
Latitude
32.0104129
Longitude
-106.6068196
925 Anthony Dr, Anthony, New Mexico

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925 Anthony Dr
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