Single-Tenant NNN Lease

Office for Sale
Sale Pending
Catylist Listing ID: 30273864
Property Subtypes: Medical
Status: Pending
Building Size (RSF): 12,449 SF
Gross Building Area: See Agent
Gross Land Area: 3.19 Acres
Sale Price: $2,995,000
Unit Price: $240.58 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 9/3/2019

Overview / Comments

Colliers International is pleased to exclusively offer
for sale a triple net (NNN) lease with ABQ Health
Partners, LLC. The building was originally built for
Lovelace Inc. in 1992 with a twenty-four (24) year
lease. They have extended their lease until November
2020. ABQ Health Partners recently merged with
DaVita Healthcare Partners, LLC, a nationally
recognized leader in healthcare.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Tax ID/APN: 69493
Zoning: M-2 - Heavy Manufacturing Zone
Year Built: 1992

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,633 39,746 183,325
Median Age: 34.68 33.5 33.18
Households: 463 13,771 69,826


Photograph of Listing Agent

John R Ransom

Colliers International CARNM CIE Member
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