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435 Saint Michaels Drive
Santa Fe, NM 87505
Asking Price
Contact for price
Asset Type
Medical Office Office
Class
Class B
What's Special
Irreplaceable Medical Office in Northern New Mexico’s #1 Healthcare Corridor <ul><li>Irreplaceable hospital-adjacent asset at the front door of northern New Mexico’s premier healthcare campus</li><li>$576,000 in-place NOI with 100% occupancy, delivering immediate cash flow from day one</li><li>Below-market rents (~8% discount) provide built-in mark-to-market upside across the rent roll</li><li>51% of leases expire by 2028, creating a clear runway to capture rising medical office rents</li><li>Direct beneficiary of a $100M cancer center expansion, expected to signifi
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
