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1101 Golf Course Rd SE

16,115 SF 100% Leased Office Building Rio Rancho, NM 87124 $2,900,000 ($180/SF) 8.23% Cap Rate

Investment Highlights

  • 16,115 SF - Six Suites,
  • 14 Years of Medical Use
  • Possible Owner Occupant Play
  • 48 Parkings Spaces, 3.06/1,000 Parking Ratio
  • Zoning: NC - Neighborhood Commercial
  • Owner Financing Available

Executive Summary

$238,800 GROSS INCOME. OWNER FINANCING AVAILABLE.
This fully-leased, two-story six-suite 16,115 SF medical-grade office building sits on 0.9 acres with 48 parking spaces, a parking ratio of 3.06/1,000 SF, and generates $238,800 in annual rental income, offering stable income and value-add potential through lease renewals or owner occupancy. Suite 203 with 2,518 SF is coming up for renewal 5/1/25 & owner financing is available with $1,300,000 down; A rare blend of stability and value-add potential!
The property boasts a great Monument sign with direct frontage on Golf Course Rd (12,317 VPD), within a mile of the bustling Golf Course & Southern intersection (26,174 VPD). This property is zoned NC (Neighborhood Commercial) – ideal for medical offices, retail, schools, or banks. The building was built to Medical-grade standard, and comes with enhancements like 3-phase power, elevator, fire sprinklers, and large arched windows with beautiful Sandia Mountain views making it great for medical or professional use.
Potential for owner occupancy with owner financing available—don't miss this exceptional opportunity to establish or expand your business in a high-visibility, premium setting!
SUITE 203 - AVAILABLE 5/1/25 - 2,518SF.
https://www.loopnet.com/Listing/1101-Golf-Course-Rd-SE-Rio-Rancho-NM/34018788/

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Property Subtype
Medical
Building Size
16,115 SF
Building Class
A
Year Built
2010
Price
$2,900,000
Price Per SF
$180
Cap Rate
8.23%
NOI
$238,670
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,518 SF
Building FAR
0.41
Lot Size
0.90 AC
Zoning
NC - Commercial Neighborhood
Parking
48 Spaces (2.98 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Atrium
  • Bio-Tech/ Lab Space
  • Day Care
  • Signage
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 203
  • 2,518 SF
  • Office
  • Full Build-Out
  • Apr 2025

Discover 2,518 SF of thoughtfully designed medical office space, perfectly tailored for healthcare professionals. This prestigious Class A suite offers: 3 Office Spaces & 5 private consulting rooms, ideal for patient care and specialized treatments. A welcoming reception area with a comfortable waiting room, ensuring a professional and patient-friendly environment. A break room for staff relaxation and convenience. A dedicated conference room for team meetings or professional collaborations. Ample storage space to keep your practice organized and efficient. Elevator access, ensuring ease of mobility for patients and staff alike. Available starting 5/1/25, this suite is an excellent opportunity to elevate your practice in a premier location. The building boasts 48 parking spaces (3.06 ratio) and a monument sign with direct frontage on Golf Course Rd (12,317 VPD), within a mile of the bustling Golf Course & Southern intersection (26,174 VPD). This property is zoned NC (Neighborhood Commercial) – ideal for medical offices, retail, schools, or banks. The building was built to Medical-grade standard, and comes with enhancements like 3-phase power, elevator, fire sprinklers, and large arched windows with beautiful Sandia Mountain views making it great for medical or professional use. Potential for owner occupancy with owner financing available—don't miss this exceptional opportunity to establish or expand your business in a high-visibility, premium setting!

Space Size Space Use Condition Available
2nd Fl-Ste 203 2,518 SF Office Full Build-Out Apr 2025

2nd Fl-Ste 203

Size
2,518 SF
Space Use
Office
Condition
Full Build-Out
Available
Apr 2025

2nd Fl-Ste 203

Size 2,518 SF
Space Use Office
Condition Full Build-Out
Available Apr 2025

Discover 2,518 SF of thoughtfully designed medical office space, perfectly tailored for healthcare professionals. This prestigious Class A suite offers: 3 Office Spaces & 5 private consulting rooms, ideal for patient care and specialized treatments. A welcoming reception area with a comfortable waiting room, ensuring a professional and patient-friendly environment. A break room for staff relaxation and convenience. A dedicated conference room for team meetings or professional collaborations. Ample storage space to keep your practice organized and efficient. Elevator access, ensuring ease of mobility for patients and staff alike. Available starting 5/1/25, this suite is an excellent opportunity to elevate your practice in a premier location. The building boasts 48 parking spaces (3.06 ratio) and a monument sign with direct frontage on Golf Course Rd (12,317 VPD), within a mile of the bustling Golf Course & Southern intersection (26,174 VPD). This property is zoned NC (Neighborhood Commercial) – ideal for medical offices, retail, schools, or banks. The building was built to Medical-grade standard, and comes with enhancements like 3-phase power, elevator, fire sprinklers, and large arched windows with beautiful Sandia Mountain views making it great for medical or professional use. Potential for owner occupancy with owner financing available—don't miss this exceptional opportunity to establish or expand your business in a high-visibility, premium setting!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-012-068-403-252
Land Assessment
$32,590
Improvements Assessment
$337,171
Total Assessment
$369,761
  • Listing ID: 29821973

  • Date on Market: 10/18/2023

  • Last Updated:

  • Address: 1101 Golf Course Rd SE, Rio Rancho, NM 87124

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