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Miscellaneous

Calibers - Absolute NNN Lease

4340 Cutler Ave NE, Albuquerque, NM 87110

Listing Price: $3,866,000

Cap Rate
8.25%
Tenant Name
Calibers
Years Remaining On Lease
3.5
Gross SF
20,685
Guarantor
Corporate Guarantee
Rentable SF
20,685
Price/Gross SF
$186.90
Lease Type
Absolute Net
Rent Per Square Feet
$15.42

Investment Overview

Marcus & Millichap is pleased to present for sale Calibers in Albuquerque, New Mexico. Calibers is a New Mexico-based indoor shooting range and gun shop that specializes in range experiences, training, and certifications.
As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment. Albuquerque is located in the center of the New Mexico Technology Corridor, a cluster of high-tech institutions in the area which includes Intel’s Fab 11X and a Facebook Data Center, in addition to being the founding location of MITS and Microsoft.

Investment Highlights

  • Three Plus Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate and Personal Guaranty
  • Two and a Half Percent Rental Increases Annually
  • Excellent Visibility Along Interstate-40 Coronado Freeway (Over 191,100 Cars per Day)
  • Hard-Corner Location at Signalized Intersection of Cutler Avenue NE and Washington Street with Over 23,700 Cars per Day
  • Surrounded by National Retail Tenants - Walmart Neighborhood Market, Bed Bath & Beyond, Old Navy, Office Depot, and More

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Miscellaneous

Calibers - Absolute NNN Lease

Listing Price: $3,866,000

Cap Rate
8.25%
Tenant Name
Calibers
Years Remaining On Lease
3.5
Gross SF
20,685
Guarantor
Corporate Guarantee
Rentable SF
20,685
Price/Gross SF
$186.90
Lease Type
Absolute Net
Rent Per Square Feet
$15.42

Investment Highlights

  • Three Plus Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate and Personal Guaranty
  • Two and a Half Percent Rental Increases Annually
  • Excellent Visibility Along Interstate-40 Coronado Freeway (Over 191,100 Cars per Day)
  • Hard-Corner Location at Signalized Intersection of Cutler Avenue NE and Washington Street with Over 23,700 Cars per Day
  • Surrounded by National Retail Tenants - Walmart Neighborhood Market, Bed Bath & Beyond, Old Navy, Office Depot, and More

Investment Overview

Marcus & Millichap is pleased to present for sale Calibers in Albuquerque, New Mexico. Calibers is a New Mexico-based indoor shooting range and gun shop that specializes in range experiences, training, and certifications. As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment. Albuquerque is located in the center of the New Mexico Technology Corridor, a cluster of high-tech institutions in the area which includes Intel’s Fab 11X and a Facebook Data Center, in addition to being the founding location of MITS and Microsoft.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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