AT&T – Albuquerque, NM

  • NE-Oblique
  • SE-Oblique
  • at&t-cottonwood-2-EDIT

Available $3,213,913 - Retail - Single Tenant
Cap Rate:  5.75%Size:  4,400 SFTerm:  10 Years Print

 Investment Offering & Highlights

  • NEW 10 YEAR LEASE – 2017 construction new prototype building design
  • S&P RATED BBB+ Corporate Lease with Investment Grade Tenant
  • STRONG DEMOGRAPHICS – Population over 69,635 and average HHI over $86,000 within 3 miles of subject property
  • RENTAL INCREASES – 10% Escalation every 5 years
  • HIGH TRAFFIC LOCATION – 58,700 cars pass the site daily on Coors Bypass NW
  • EXCELLENT VISIBILITY AND ACCESS
  • OUTPARCEL TO COTTONWOOD MALL – A 1 million square foot regional shopping mall with over 135 stores
  • FLOURISHING RETAIL MARKET – Albuquerque is one of the least saturated retail markets among 54 US cities
  • STRONG TRAFFIC GENERATORS IN IMMEDIATE AREA Major retailers in the immediate area include: Cottonwood Mall, Walmart, Costco, Home Depot, Lowe’s & Target – 2 Miles South of Intel Corporation – Largest manufacturer in New Mexico with 1,200 employees -½ Mile South of Cibola High School (~1,875 students) – 1½ Miles East of Lovelace Westside Hospital (80 beds, 343 employees)
  • Offering Memorandum

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