- For Sale Contact for pricing
- Property Type Retail
- Property Size 3,200 SF
- Lot Size 0.26 Acre
- Year Built 2008
- Date Updated Oct 6, 2026
Description
100% leased, single-tenant investment opportunity
Approximately 3,200-square-foot retail building
Triple-net lease structure
Contractual 3% annual rent increases
One additional five-year renewal option with continued 3% annual rent growth
7.20% stabilized cap rate at the $800,000 asking price
Cap rate increases to approximately 8.35% by Lease Year 6
Strong Northeast Heights location along highly traveled Wyoming Boulevard
Excellent visibility, signage opportunities, and convenient customer access
Approximately 31,483 vehicles per day on Wyoming Boulevard
Dense surrounding demographics with approximately 141,845 residents and an average household income of $98,818 within three miles
Convenient access to Interstate 40, Menaul Boulevard, Montgomery Boulevard, and Uptown Albuquerque
Established commercial corridor surrounded by residential neighborhoods, retailers, restaurants, offices, medical providers, and daily-needs services
Do not disturb tenant
False
Contacts
RESOLUT RE
RESOLUT RE