1208 Arcineiga Drive
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Governmental, Office Building
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||Cash to Seller
Overview / Comments
The property was built in 2004 and leased to the Social Security Office for an initial 10-year term, which began in May 2015. The property was remodeled for the Tenant and the tenant improvement allowance was paid out in the initial 5-year term and drops off the remaining 5 years. The Tenant has a full-service lease in place with the Landlord paying property taxes, insurance, repairs, maintenance, utilities and janitorial. There are annual CPI increases that are automatically adjusted by the State.
Attachments & Media
||Located just east of Prince Street and E Manana Blvd in Clovis, New Mexico.
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