Medical Office For Sale
Roswell, NM
This medical office building was built in 2008 and totals 4,823 square feet. It features 21 parking spaces, providing a ratio of 4.4 spaces per 1,000 square feet.
The property is located at 200 W. Wilshire Boulevard, Suite E, Roswell, NM. It is home to a long-standing dental practice backed by the highly sought National tenant MB2 Dental.
$1,012,000
Sale Price
7%
Cap Rate
4,823
Building SF
Healthcare / Medical
Asset Type
Core
Investment
Why this is a good deal
This property offers a stable investment opportunity with a long-standing dental practice as a tenant. The lease is backed by a strong guarantor, MB2 Dental, a national group with over 700 locations. The tenant recently renewed their 5-year option, demonstrating commitment to the location, with the lease expiring in October 2030, at which point the rent will increase to $74,412 annually.