1600 E 32nd St, Silver City, New Mexico 88061, USA

Great commercial investment property located within Silver City’s medical district on the corner of Hwy 15 and 32nd Street. This commercial building currently functions as a medical clinic/Urgent Care Center supporting Silver City and surrounding communities. Constructed in 1985 as medical offices and clinic spaces there are more than 25 rooms and 9 bathrooms. There are 12 covered, 35open and ADA designated paved parking spaces. A 95 KW photovoltaic inter-tie grid solar system was installed in 2017. A 2,000 sf auxiliary building functions as an IT/training/meeting facility, plus there is a separate 1,200 sf metal storage unit. Tenant triple net lease expires in 12/31/2033. Tenant pays all taxes, insurance, and non-structural repairs. Annual rent income for 2024 (NOI) is $307,920. Rent escalation clause is 2.5%. Annual rent projection for 2033 is $384,550.