Las Cruces, NM 88011

For more information:

575 635 5895 • jake@1stvalley.comJake Redfearn

575 640 7213 • randy@1stvalley.comRandy McMillan, CCIM, SIOR

• 5.75% CAP

• NOI: $209,120

• Additional Annual Income (Signage Allowance): $7,262.28

• Single Tenant NNN (Landlord Responsibilities Provided

Upon Request)

• Memorial Medical Center (LifePoint Health Hospital)

• Institutional Location

• Lease Guarantor: Las Cruces Physician Practices, LLC

• 5 years remaining on base term w/ 2% Annual Increases

Property Features

4672 Sonoma Ranch Blvd.

NAI 1st Valley1155 South Telshor Blvd, Las Cruces, NM 88011575 521 1535

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OFTHE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS,OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE ORFINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONSIMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THECONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. 1stvalley.com

For Sale

Single Tenant NNNInvestment Property

Sale Price: $3,668,172

NAI 1st Valley | 1155 South Telshor Blvd , Las Cruces, NM 88011 | 575 521 15351stvalley.com

Property Overview

Fully Leased Medical Office Building for Sale.

Location Overview

This "Class A" Medical Office Building is located on the hardcorner of Sonoma Ranch Blvd and Highway 70. The medicalfacility serves 68,000 Residents within a 5 mile radius. To the eastof the property along Highway 70 is White Sands Missile Rangeand NASA, two of the largest employers in the region.Approximately two miles north of the site is Metro Verde, amaster planned community anchored by Red Hawk Golf Course.Metro Verde is approved for 7,000 residential dwellings at fullbuild out. Immediately to the south of the site is Sonoma Ranch,which is the largest master planned community in Las Cruces.

For Sale

Single Tenant NNN Investment Property

Sale Price: $3,668,172

Lot Size: 1.08 Acres

Building Size: 8,000 SF

Building Class: A

Zoning: C-2C

Property Summary

Las Cruces, NM

Las Cruces, also known as “The City of the Crosses”, is the county seat of Doña Ana County, New Mexico,

United States. As of 2013 the population is 101,324 making it the second largest city in the state, after

Albuquerque. Las Cruces is the largest city in both Doña Ana County and southern New Mexico. It is the

principal city of a metropolitan statistical area which encompasses all of Doña Ana County and is part of the

larger El Paso–Las Cruces combined statistical area. It has been listed as a “Best Place to Retire” by several

organizations for many reasons; low cost of living, active cultural life and unusually beautiful location.

Las Cruces is the economic and geographic center of the fertile Mesilla Valley, which is the agricultural region on

the flood plain of the Rio Grande which extends from Hatch to the west side of El Paso, Texas. Las Cruces is

also the home of New Mexico State University (NMSU), New Mexico’s only land grant university. The city’s major

employer is the federal government on nearby White Sands Test Facility and White Sands Missile Range. The

Organ Mountains, ten miles (16 km) to the east, are dominant in the city’s landscape, along with the Doña Ana

Mountains, Robledo Mountains, and Picacho Peak. Las Cruces lies 225 miles (362 km) south of Albuquerque,

New Mexico, 43 miles (69 km) northwest of El Paso, Texas and 60 miles (97 km) north of the Mexican border.

Spaceport America, which lies 44 miles (71 km) north of Las Cruces, has seen the completion of several

successful manned, suborbital flights. The city is also the headquarters for Virgin Galactic, the world’s first

company to offer sub-orbital spaceflights.

Demographics1 Mile Radius 3 Mile Radius 5 Mile Radius

Population 10,140 67,978 111,201Median Age 30.0 31.9 33.0Median Income $32,474 $38,885 $42,627

Major Employers

Empolyer# of Employees(Approximate)

New Mexico State Univeristy 6,500White Sands Missile Range 4,500Las Cruces Public Schools 3,000Gasden Independent School 1,500City of Las Cruces 1,500

Accredited by The Joint Commission (TJC), Memorial Medical Center is a licensed acute care facility.

Memorial Medical offers a full range of comprehensive care including the latest in diagnostic, therapeutic and

rehabilitative services, both on an inpatient and outpatient basis. Inpatient services include a state-of-the-

art Cardiac Care Unit and Cardiac Cath Labs. Outpatient services include a comprehensive cancer program

that offers with radiation therapy at Ikard Radiation Oncology and medical oncology/hematology at MMC

Cancer Center. Additional services are offered at Memorial HealthPlex, a free-standing outpatient surgery

center that offers day surgery, diagnostic imaging and lab services in a convenient customer service-oriented

setting. More than 1,300 employees and volunteers work closely with the medical staff, which includes 300

credentialed providers representing a full range of medical specialties.

Emergency Services24-hour Physician Staffing24-hour Emergency Dept(22 Beds)Participation in State TraumaSystem

Surgical ServicesOutpatient SurgerySurgery Suites (21 Beds)Recovery Room (48 Beds)Endoscopy/GI Suites (5)Urology SuiteABBI — Advanced BreastBiopsy Instrumentation24-hour Anesthesia CoveragePost Anesthesia Care Unit(30 Beds)LaparoscopyLaser SurgeryEndoscopy LabCysto SuitePlastic SurgeryDental/Oral SurgeryArthroscopic Surgery

Acute Care ServicesMed/Surg Unit (147 Beds)Telemetry Monitoring Capa-bilitiesWound Care ProgramNegative Pressure IsolationRoom (12)

Intensive CareICU (12 Beds plus step-down)Telemetry Beds (104)

Diagnostic ImagingClinical Diagnostic RadiologyMammographyFluoroscopyUltrasoundNuclear MedicineCTMRI (Closed)X-ray

Rehabilitative ServicesTherapeutic Exercise and MassageElectrical StimulationHot/Cold PacksHeat TherapyWhirlpoolErgonomic Evaluation/Training

Occupational TherapyPhysical TherapySpeech/Language TherapySafety In-ServicesStroke Rehab

Medical SpecialtiesInternal MedicineAnesthesiologyGeneral SurgeryVascular SurgeryOrthopedic SurgeryObstetricsNeonatology (Level II only)NephrologyPediatricsFamily PracticeNeurology

CardiologyOtolaryngologyAllergy and ImmunologyOncologyUrologyPsychiatryGynecologyOphthalmologyPathologyPediatric DentistryRadiologyDentistryThoracicGastroenterology

CardiopulmonaryServicesCoronary Care UnitEKG/EEGCardiac CatheterizationPulmonary Function TestingCardiac Stress TestingCardiac RehabNerve Conductor StudiesEMGStress EchocardiographyVascular Studies24-hour Holter Set and ScanVenous, Carotid & LowerArterial StudiesTEETCDVein MappingEvoked Potentials (VEP, BAER,Somatosensory)

Women’s ServicesObstetricsGynecologyC-Section Rooms (2)Post-Partum Rooms (14)Isolation Suites (2)Suite Equipped for Water BirthCertified Nurse MidwifeLevel II Nursery

Other ServicesPharmacyLaboratory 24-hour ServiceCytology LabLithotripsyHome Health AgencyHome Care Solutions/Private DutyMedical Office BuildingKidney Dialysis (inpatient acute)Behavioral Health ServicesGeropsychiatric ServicesDiabetic EducationOutpatient Chemotherapy

Support ServicesHealth EducationNutritional CounselingCase Management/UtilizationReviewSocial ServicesVolunteer ServicesChaplain ServicesSupport GroupsPastoral Care ProgramPatient Representative

Memorial Medical Center

Memorial Medical Center

NAI 1st Valley | 1155 South Telshor Blvd , Las Cruces, NM 88011 | 575 521 15351stvalley.com

For Sale

Single Tenant NNN Investment Property

NAI 1st Valley | 1155 South Telshor Blvd , Las Cruces, NM 88011 | 575 521 15351stvalley.com

1 Mile 5 Miles 10 Miles

Total Population: 2,268 67,833 140,489

Median Age: 31.7 33.8 33.5

Average HH Income: $61,710 $51,706 $50,482

Demographics

For Sale

Single Tenant NNN Investment Property