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33542170
33542169

8006 MENAUL BLVD NE, ALBUQUERQUE, NM 87110-4608 For Sale

Absolute Investment Realty LLC
Absolute Investment Realty LLC
Listed by Absolute Investment Realty LLC
$649,120
74 days on market
Updated 37 days ago

10 YEAR SINGLE TENANT NET LEASE INVESTMENT

Details
APN 101905940425543117
Property Type Office
Sub Type Medical Office
Square Footage 2,595
Units 2
Cap Rate 7.5%
NOI $48,684
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Price per SqFt $250
Year Built 1981
Buildings 1
Lot Size (SqFt) 8,064
Zoning MX-T
Investment Type Net Lease
Sale Condition N/A

100% Leased for 10 Years

Marketing description

Absolute Investment Realty is pleased to present this opportunity to acquire a rare, single-tenant net leased medical investment property located in the highly desirable city of Albuquerque, New Mexico. Albuquerque is a vibrant destination known for its rich culture, scenic desert landscapes, and its growing tech sector which includes a strong military and aerospace presence.

The property is located on Menaul Boulevard, a central Albuquerque corridor with strong commercial activity and accessibility. Net leased investment real estate is limited, making this an attractive opportunity for investors seeking a well-positioned asset in a highly desirable location.

With continuous growth in Albuquerque and New Mexico as a whole, this established net leased medical property, makes it a great long-term investment opportunity.

The owner has multiple other locations available for sale in Eugene Oregon and Throughout New Mexico, inquire with Broker for more information.

Investment highlights

3.00% Annual Rent Increases

Single Tenant - Net Leased Medical

10 - Year Modified NNN Lease

Multiple Locations throughout the Southwest

Dense Trade Area

Listing Contacts

Absolute Investment Realty LLC
Absolute Investment Realty LLC
Listed by Absolute Investment Realty LLC

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$48,684.00
$4,057.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Rita Cordova
License
50862
Brokerage Phone
5054898538
Title
NM
Brokerage Address
131 Madison Street Northeast
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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