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4650 Butler Ave
Farmington, NM 87401

$2,300,000 USD

Office For Sale  •  8,835 SF

Property Details

  • Property Type Office
  • Total Building Size 8,835 SF
  • Lot Size 1.84 AC
  • Building Class B
  • Year Built 2002
  • Tenancy Single
  • Zoning General Commercial
14 Transit Score
6 Walk Score

Highlights

Mission Critical – Next closest SSA building in the State of New Mexico is 117 miles away in Gallup, NM
Long Term Lease – Originally a 10-year firm lease, this shows a lot of commitment by the tenant as many are renewing for 5-year firms instead
Annual CPI Rent Increases – The tenant increases the rent each year in accordance with the CPI or Consumer Price Index
Large Lot – With ±1.85 AC located on the lot, this is an opportunity for expansion if the tenant ever needs it
Utilities – Sellers have already done the electrical and groundwork necessary to work with any potential expansions on the parcel

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Ethan Edmiston 615-261-9954 Matthews Real Estate Investment Services
Ethan Edmiston 615-261-9954 Matthews Real Estate Investment Services