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U.S. Government - Single Tenant Investment 1535 E Sumner Ave

2,674 SF Office Building Fort Sumner, NM 88119 £592,266 (£221/SF) 9% Net Initial Yield

Investment Highlights

  • Ideally located at the SE corner of Hwy 60 & 17th St
  • HUB Zone Certified
  • Current Tenant Improvements completed in 2023
  • 100% leased through 2033 by the USDA

Executive Summary

Well constructed and maintained, this newly remodeled, 2,674± SF free-standing building in Ft. Sumner, NM represents a rare opportunity to acquire a 100% leased office building along Fort Sumner’s main arterial, Hwy 60. Please call to discuss this investment asset.

Attachments

1535 Sumner Ave Sale Brochure 8.7.24

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
2,674 SF
Building Class
C
Year Built/Renovated
2016/2023
Price
£592,266
Price Per SF
£221
Net Initial Yield
9%
NOI
£53,304
Tenancy
Single
Number of Floors
1
Typical Floor Size
2,674 SF
Building FAR
0.16
Land Acres
0.39 AC
Zoning
C-1 - Village of Fort Sumner
Parking
19 Spaces (7.11 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Kitchen
  • Secure Storage
  • Air Conditioning
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1535 E Sumner Ave, Fort Sumner, NM - Floor plan Image

PROPERTY TAXES

Parcel Number 0000115301502208600 Improvements Assessment £76,911
Land Assessment £1,179 Total Assessment £78,090

PROPERTY TAXES

Parcel Number
0000115301502208600
Land Assessment
£1,179
Improvements Assessment
£76,911
Total Assessment
£78,090
(505) 837-4955

  • Listing ID: 32734068

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 1535 E Sumner Ave, Fort Sumner, NM 88119

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1535 E Sumner Ave, Fort Sumner, NM for sale Primary Photo- Image 1 of 7
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1535 E Sumner Ave, Fort Sumner, NM for sale Floor Plan- Image 2 of 7
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1535 E Sumner Ave, Fort Sumner, NM for sale Building Photo- Image 3 of 7
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1535 E Sumner Ave, Fort Sumner, NM for sale Building Photo- Image 4 of 7
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1535 E Sumner Ave, Fort Sumner, NM for sale Building Photo- Image 5 of 7
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1535 E Sumner Ave, Fort Sumner, NM for sale Building Photo- Image 6 of 7
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© 2024 CoStar Group

U.S. Government - Single Tenant Investment | 1535 E Sumner Ave
(505) 837-4955 x

U.S. Government - Single Tenant Investment | 1535 E Sumner Ave

James Dountas

(505) 837-4955

(505) 837-4955

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