1300 Wyoming Blvd. NE
Office | 7.00% CAP | 2,844 SqFt
Marketing description
Absolute Investment Realty has been selected as the exclusive representative for the sale of this attractive single tenant NNN leased medical office building located in Albuquerque, NM on Wyoming Blvd, one of the city's major high traffic trade corridors.
Albuquerque is known for its rich mix of Native American, Hispanic, and Anglo cultures, which shape its arts and cuisine, while also playing a key role in science and research through institutions like Sandia National Laboratories.
The property is a stand-alone building within an established commercial corridor, offering strong visibility and accessibility along Wyoming Boulevard. The surrounding area features a mix of retail, dining, and service-oriented businesses, with several neighborhood shopping centers and major retailers located within close proximity, contributing to steady traffic and local convenience.
Investment highlights
- 3.00% Annual Rent Escalations
- Net Leased Medical
- Modified NNN (Minor Landlord Responsibilities)
- 10 Year Initial Term (Allevio Care LLC)
- Term Commenced Jan 1, 2025
- Strong National Credit Tenant
- Allevio Care has Multiple Locations throughout Southwest
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