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1300 Wyoming Blvd NE 4,791 SF Office Building Albuquerque, NM 87112 $1,693,026 CAD ($353.38 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Net Leased Medical Tenant
- Strong National Tenant
- Term Commenced January 1st, 2025
- 10-Year Initial Term
- 3.00% Annual Rent Escalations
- Allevio Care has Multiple Locations Throughout Southwest
Executive Summary
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.
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.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
4,791 SF
Building Class
B
Year Built
1980
Price
$1,693,026 CAD
Price Per SF
$353.38 CAD
Cap Rate
7.25%
NOI
$122,743 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,791 SF
Building FAR
0.30
Lot Size
0.37 AC
Zoning
MX-M - Mixed Use Moderate Intensity
Parking
25 Spaces (5.22 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1-020-058-011190-3-12-01 | Improvements Assessment | $162,502 CAD |
| Land Assessment | $56,299 CAD | Total Assessment | $218,801 CAD |
Property Taxes
Parcel Number
1-020-058-011190-3-12-01
Land Assessment
$56,299 CAD
Improvements Assessment
$162,502 CAD
Total Assessment
$218,801 CAD
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1300 Wyoming Blvd NE
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