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CREDIT TENANT INVESTMENT OPTUM LEASED MOB OPP 9101 Montgomery Blvd NE 12,579 SF Office Building Albuquerque, NM 87111 $6,383,926 CAD ($507.51 CAD/SF) 7.30% Cap Rate
Executive Summary
• Longtime Healthcare Facility Leased to OptumCare New Mexico, LLC
• Renovated and Updated Medical Building in Heart of Northeast Heights
• Attractive Demographics with 140,000+ People within 3-Mile Radius and
Average Household Income of Over $90K within 3-Mile Radius
• Well Established, Single-Tenant, Stand Alone, 12,579+/- SF Medical Office
Facility on a Sizable 1.58 Acres
• Bountiful 7.3 per 1000 SF On-Site Parking Ratio
• Centrally Positioned in Heavily Populated & Desirable Trade Area in ABQ
• MX-T Commercial Zoning
• Over 450’ of Frontage Along Major Commercial Corridor with over 36,700
VPD Along Montgomery Blvd.
• Nearby Activity Generators Include Target, Walgreens, Michael’s, Natural
Grocers, Hobby Lobby, Marshalls and Numerous Retail & QSR Pad Users
• SALES PRICE REDUCTION: $4,600,000, equivalent to 7.3% Cap Rate
• Renovated and Updated Medical Building in Heart of Northeast Heights
• Attractive Demographics with 140,000+ People within 3-Mile Radius and
Average Household Income of Over $90K within 3-Mile Radius
• Well Established, Single-Tenant, Stand Alone, 12,579+/- SF Medical Office
Facility on a Sizable 1.58 Acres
• Bountiful 7.3 per 1000 SF On-Site Parking Ratio
• Centrally Positioned in Heavily Populated & Desirable Trade Area in ABQ
• MX-T Commercial Zoning
• Over 450’ of Frontage Along Major Commercial Corridor with over 36,700
VPD Along Montgomery Blvd.
• Nearby Activity Generators Include Target, Walgreens, Michael’s, Natural
Grocers, Hobby Lobby, Marshalls and Numerous Retail & QSR Pad Users
• SALES PRICE REDUCTION: $4,600,000, equivalent to 7.3% Cap Rate
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
12,579 SF
Building Class
B
Year Built
1990
Price
$6,383,926 CAD
Price Per SF
$507.51 CAD
Cap Rate
7.30%
NOI
$466,027 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,579 SF
Building FAR
0.18
Lot Size
1.58 AC
Zoning
MX-T - The purpose of the MX-T zone district is to provide a transition between residential neighborhoods and
more intense commercial areas.
Parking
92 Spaces (7.31 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 1-020-061-278015-4-01-06 | Improvements Assessment | $546,515 CAD |
| Land Assessment | $257,103 CAD | Total Assessment | $803,618 CAD |
Property Taxes
Parcel Number
1-020-061-278015-4-01-06
Land Assessment
$257,103 CAD
Improvements Assessment
$546,515 CAD
Total Assessment
$803,618 CAD
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CREDIT TENANT INVESTMENT OPTUM LEASED MOB OPP | 9101 Montgomery Blvd NE
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