405 E Florida St is an office property for lease in Deming, NM.
Located in Southwest New Mexico, this commercial office building of
5,100 sq.ft. is leased to USDA Service Center with 9 years remaining
on the lease and the New Mexico Environmental Department with 7
years remaining on the lease.
The subject property is located near major retailers, banks, city and
county offices and sits in a town and county with a population of
Current annual expenses run approximately $17,500 giving a net
income of $48,000 annually.
BUILDING SIZE: 5,100 sq.ft.
LAND SIZE: 21,300 sq.ft.
ZONING: Neighborhood Commercial
EXPENSES: $17,500 (approximate)
NET INCOME: $48,000
CAP RATE: 11.25%
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