Medical Portfolio Santa Fe & Albuquerque
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Medical Portfolio Santa Fe & Albuquerque
4 Office Properties Offered at £10,937,043 in Multiple Locations
Investment Highlights
- Strategic Medical Location
- Strong Occupancy Rates
- Excellent Access and Parking
- Diverse Tenant Mix
- Prime Santa Fe Market Conditions
- High Yield Potential
Executive Summary
• Two Medical Office Properties: Totaling approximately 75,029 square feet across 4 two-story buildings
• Strategic Medical Locations: Positioned near key healthcare facilities, including hospitals and specialized medical centers.
• Attractive Purchase Package: Combined offering priced at less than half of replacement cost, allowing for competitive positioning against new construction.
• Stabilized Cash Flow: High occupancy rates with established, long-term medical tenants across diverse specialties.
• Value-Add Potential: Below-market rents provide room for income growth as leases renew, while Saint Michael’s location enhances value in Santa Fe’s healthcare hub.
• Additional Income Opportunity: Several leases include operating expense reimbursements that the current owner is not capturing, providing a pathway to increase net operating income.
• Strategic Medical Locations: Positioned near key healthcare facilities, including hospitals and specialized medical centers.
• Attractive Purchase Package: Combined offering priced at less than half of replacement cost, allowing for competitive positioning against new construction.
• Stabilized Cash Flow: High occupancy rates with established, long-term medical tenants across diverse specialties.
• Value-Add Potential: Below-market rents provide room for income growth as leases renew, while Saint Michael’s location enhances value in Santa Fe’s healthcare hub.
• Additional Income Opportunity: Several leases include operating expense reimbursements that the current owner is not capturing, providing a pathway to increase net operating income.
Property Facts
| Price | £10,937,043 | Number of Properties | 4 |
| Price / SF | £130.29 / SF | Individually For Sale | 0 |
| Net Initial Yield | 6.96% | Total Building Size | 83,943 SF |
| Sale Type | Investment | Total Land Area | 8.12 AC |
| Status | Active |
| Price | £10,937,043 |
| Price / SF | £130.29 / SF |
| Net Initial Yield | 6.96% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 83,943 SF |
| Total Land Area | 8.12 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Building A/B
435 Saint Michaels Dr, Santa Fe, NM 87505 |
Office | 25,626 SF | 1992 | - |
|
Bldg J & K
4233-4273 Montgomery Blvd NE, Albuquerque, NM 87109 |
Office | 24,938 SF | 1991 | - |
|
Bldg G & I
4253-4263 Montgomery Blvd, Albuquerque, NM 87109 |
Office | 23,796 SF | 1974 | - |
|
Bldg C
435 Saint Michaels Drive, Santa Fe, NM 87505 |
Office | 9,583 SF | 2008 | - |
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Medical Portfolio Santa Fe & Albuquerque
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