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123 N 1st St
Grants, NM 87020

$250,000 USD

Office For Sale  •  2,944 SF

Property Details

  • Property Type Office
  • Total Building Size 2,500 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1970
  • Cap Rate 7.20 %
  • Tenancy Single
30 Walk Score

Highlights

Currently income-producing with established tenant
5 private offices + large flexible common/work area
Vault and considerable storage.

Financial Summary (Actual)

Net Operating Income: $18,600 USD (2025)
Cap Rate: 7.20 %
Total Expenses: $3,000 USD

Major Tenants

Tenant SF Occupied Lease End Date
Allstate

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Heather Porter 505-287-7110 Re/Max Elegance
Heather Porter 505-287-7110 Re/Max Elegance