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Single-Tenant Office Medical

Optum Community Center

4010 Montgomery Blvd NE, Albuquerque, NM 87109

Listing Price: $4,023,000

Cap Rate
7.15%
Tenant Name
Optum
Years Remaining On Lease
4.8
Gross SF
11,720
Guarantor
Corporate Guarantee
Rentable SF
11,720
Price/Gross SF
$343.26
Lease Type
Double Net
Rent Per Square Feet
$27.41

Investment Overview

Optum is a leading information and technology-enabled health services business dedicated to helping make the health system work better for everyone. Optum delivers intelligent, integrated solutions that help to modernize the health system and improve overall population health. Optum is part of UnitedHealth Group (NYSE: UNH).

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.

Investment Highlights

  • Five Years Remaining on Lease Term with Optum Healthcare (±2,000 Locations)
  • Optum Parent Company, UnitedHealth Group (NYSE: UNH), a Health Care and Well Being Company Providing Care for 148 Million People
  • The Optum Community Center Offers Wellness Classes, Educational Events, and a State-of-the-Art Gym to Adults Ages 55+
  • Annual Rental Increases with Multiple Renewal Options
  • Densely-Populated Albuquerque Trade Area - ±284,771 Residents within a Fivr-Mile Radius

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Single-Tenant Office Medical

Optum Community Center

Listing Price: $4,023,000

Cap Rate
7.15%
Tenant Name
Optum
Years Remaining On Lease
4.8
Gross SF
11,720
Guarantor
Corporate Guarantee
Rentable SF
11,720
Price/Gross SF
$343.26
Lease Type
Double Net
Rent Per Square Feet
$27.41

Investment Highlights

  • Five Years Remaining on Lease Term with Optum Healthcare (±2,000 Locations)
  • Optum Parent Company, UnitedHealth Group (NYSE: UNH), a Health Care and Well Being Company Providing Care for 148 Million People
  • The Optum Community Center Offers Wellness Classes, Educational Events, and a State-of-the-Art Gym to Adults Ages 55+
  • Annual Rental Increases with Multiple Renewal Options
  • Densely-Populated Albuquerque Trade Area - ±284,771 Residents within a Fivr-Mile Radius

Investment Overview

Optum is a leading information and technology-enabled health services business dedicated to helping make the health system work better for everyone. Optum delivers intelligent, integrated solutions that help to modernize the health system and improve overall population health. Optum is part of UnitedHealth Group (NYSE: UNH). 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.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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