Available $3,213,913 - Retail - Single Tenant
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)