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Women's Specialists of New Mexico 1001 Coal Ave SE 14,650 SF Office Building Albuquerque, NM 87106 $4,578,117 ($312.50/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Standing Tenant in the Region with Excellent Reputation
- Large Market with Expected Demand Increase | The market size of the Gynecologists & Obstetricians industry in the US was measured at $13.5bn in 2023
- Women’s Specialists of New Mexico (WSNM) has been serving the women of Albuquerque for over 40 years and has developed an excellent reputation
- Essential and Diverse Sector of Businesses | Women’s health is a diverse sector of businesses including multiple specialties
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Women’s Specialists of New Mexico located at 1001 Coal Ave SE, Albuquerque, NM 87106. The site consists of roughly 14,650 rentable square feet of building space on an estimated 1.12-acre parcel of land. This Women’s Specialists of New Mexico is subject to a 8-year Triple Net (NNN) lease, which commenced 10/1/2024. The current annual rent is $274,687 and has variable increases.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
14,650 SF
Building Class
B
Year Built
1986
Price
$4,578,117
Price Per SF
$312.50
Cap Rate
6%
NOI
$274,687
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,325 SF
Slab To Slab
9’
Building FAR
0.30
Lot Size
1.12 AC
Opportunity Zone
Yes
1 1
Bike Score®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 1-015-057-098221-3-13-01 | Improvements Assessment | $630,027 |
| Land Assessment | $93,234 | Total Assessment | $723,261 |
PROPERTY TAXES
Parcel Number
1-015-057-098221-3-13-01
Land Assessment
$93,234
Improvements Assessment
$630,027
Total Assessment
$723,261
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Women's Specialists of New Mexico | 1001 Coal Ave SE
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