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  • For sale
SSA & Mariposa Community Health Center - #1
SSA & Mariposa Community Health Center - #2
SSA & Mariposa Community Health Center - #3
SSA & Mariposa Community Health Center - #4

For Sale

$1,783,000 USD

The Ficke Team of Colliers is pleased to present this exclusive investment opportunity to qualified investors to acquire this multi-tenant office building leased to the Social Security Administration (SSA) and Mariposa Community Health Center (MCHC) located at 1740-1760 N Mastick Way, Nogales, Arizona.
These two identical buildings are separated by a courtyard and include a total of 7,703 rentable square feet. The SSA occupies 100% of 1760 N Mastick and Mariposa Community Health Center occupies 83.13% of 1740 N Mastick Way. 1760 N Mastick was a build-to-suit in 2006 for the GSA and both buildings are situated on a total of 0.68 acres. The property is encumbered by a new 15-year lease (10 firm) with one 5-year renewal option effective September 28, 2021 with the tenant committed to investing about $130,000 for new paint and carpet as part of the lease renewal. The second tenant, MCHC just renewed their lease on the three suites in 1740 N Mastick expiring January 1, 2025. This is a leasehold property with a long-term ground lease expiring December 31, 2082.