1101 Golf Course Rd SE
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1101 Golf Course Rd SE
16,114 SF 100% Leased Office Building Rio Rancho, NM 87124 $2,700,000 ($168/SF) 7.55% Cap Rate
INVESTMENT HIGHLIGHTS
- 16,114 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
$242,304.00 GROSS INCOME. OWNER FINANCING AVAILABLE.
This fully-leased, two-story six suite, 16,114 sf medical-grade office building that sits on 0.9 acres with 48 parking spaces, a parking ratio of 3.06/1000 SF, starting 9/1/25 generates $242,304 in gross annual rental income, a 7.55% cap, offering stable income and value add potential through lease renewals. 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.
This fully-leased, two-story six suite, 16,114 sf medical-grade office building that sits on 0.9 acres with 48 parking spaces, a parking ratio of 3.06/1000 SF, starting 9/1/25 generates $242,304 in gross annual rental income, a 7.55% cap, offering stable income and value add potential through lease renewals. 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
16,114 SF
Building Class
A
Year Built
2010
Price
$2,700,000
Price Per SF
$168
Cap Rate
7.55%
NOI
$203,850
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,057 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
- Day Care
- Signage
- Wheelchair Accessible
- Monument Signage
- Air Conditioning
- Balcony
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PROPERTY TAXES
| Parcel Number | 1-012-068-403-252 | Improvements Assessment | $337,171 |
| Land Assessment | $32,590 | Total Assessment | $369,761 |
PROPERTY TAXES
Parcel Number
1-012-068-403-252
Land Assessment
$32,590
Improvements Assessment
$337,171
Total Assessment
$369,761
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1101 Golf Course Rd SE
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