1511 Lime StDeming, NM 88030

Property Details for 1511 Lime St

Property type

Specialty properties

Property subtype

Land

Description

This exceptional investment opportunity presents a 6,500 square foot medical clinic and urgent care center situated in Deming, New Mexico, at 1511 Lime Street, zip code 88030. Built in late 2006, the property boasts a prime location on a highly visible route, ensuring excellent accessibility and exposure. The facility features a spacious reception area, twelve individual rooms, and six bathrooms, catering to a wide range of medical services. Ample parking is available, including covered, open, and ADA-designated spaces. A significant advantage is the 44 KW photovoltaic inter-tie grid solar system installed in 2017, contributing to energy efficiency and cost savings. Currently under a triple net lease expiring December 31, 2033, the tenant is responsible for all taxes, insurance, utilities, and non-structural repairs. The property generates a substantial annual net operating income (NOI) of $161,700 for 2024, with a 2.5% annual rent escalation clause projected to reach $201,941 by 2033. This represents a strong, long-term investment with a secure income stream. The property is classified as Special Purpose, Land, and is offered at an asking price of $2,156,000.

Location Insight

City

Deming

County

Luna

State

New Mexico

Latitude

32.2536

Longitude

-107.767

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