Institutional Property Advisors is pleased to present the MountainView Children's Center, a 25,582-square-foot medical office building located at 4401 East Lohman Avenue, Las Cruces, New Mexico. The property is strategically located with convenient access to Interstates 10 and 25, linking Albuquerque, San Diego, and Dallas.
The property is anchored by Mountain View Children's Center, a CHS-owned pediatric practice, offering healthcare services. It features a triple net (NNN) lease structure with 1.5% annual increases, ensuring steady cash flow with minimal management responsibilities.
Located in a growing area with increasing demand for medical services, the property benefits from high visibility and accessibility.
• PRICE: $8,850,000 | 6.77% CAP
• BUILDING: 25,582 SF
• TENANT: MountainView Children’s Center (CHS)
• LEASE TERM: 6.5 Years
• TYPE: NNN Lease
• ANNUAL INCREASES: 1.50%
• 5-MILE POPULATION: 127,252
• 5-MILE HOUSEHOLD INCOME: $67,033