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Single-Tenant Office Medical

5505 Central Ave NE

5505 Central Ave NE, Albuquerque, NM 87108

Listing Price: $1,500,000

Cap Rate
6.81%
Tenant Name
Family Smiles Dentistry
Years Remaining On Lease
9.4
Guarantor
Corporate Guarantee
Rentable SF
5,666
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.57

Investment Overview

Marcus & Millichap is pleased to present 5505 Central Avenue NE in Albuquerque, NM. There are two separate parcels - one improved and one not improved. Tenant is responsible for all maintenance of the premises including the lot, signs, landscaping and asphalt. Building re-roofing was completed April 1, 2020. The roof warranty is 10 years on labor and fifteen on materials.

Investment Highlights

  • Retail Trade Land Use
  • Located in the Southeast Heights Neighborhood
  • Easy Access to I-25 and I-40

Exclusively Listed By

Financing By

Single-Tenant Office Medical

5505 Central Ave NE

Listing Price: $1,500,000

Cap Rate
6.81%
Tenant Name
Family Smiles Dentistry
Years Remaining On Lease
9.4
Guarantor
Corporate Guarantee
Rentable SF
5,666
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.57

Investment Highlights

  • Retail Trade Land Use
  • Located in the Southeast Heights Neighborhood
  • Easy Access to I-25 and I-40

Investment Overview

Marcus & Millichap is pleased to present 5505 Central Avenue NE in Albuquerque, NM. There are two separate parcels - one improved and one not improved. Tenant is responsible for all maintenance of the premises including the lot, signs, landscaping and asphalt. Building re-roofing was completed April 1, 2020. The roof warranty is 10 years on labor and fifteen on materials.

Exclusively Listed By

Financing By

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