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1300 Wyoming Blvd NE
Albuquerque, NM 87112
Office Property For Sale
Investment Highlights
- Net Leased Medical Tenant
- Strong National Tenant
- Term Commenced January 1st, 2025
- 10-Year Initial Term
- 3.00% Annual Rent Escalations
- Allevio Care has Multiple Locations Throughout Southwest
Executive Summary
Absolute Investment Realty has been selected as the exclusive representative for the sale of this attractive single tenant NNN leased medical office building located in Albuquerque, NM on Wyoming Blvd, one of the city’s major high traffic trade corridors.
Albuquerque is known for its rich mix of Native American, Hispanic, and Anglo cultures,
which shape its arts and cuisine, while also playing a key role in science and research through institutions like Sandia National Laboratories.
The property is a stand-alone building within an established commercial corridor, offering strong visibility and accessibility along Wyoming Boulevard. The surrounding area features a mix of retail, dining, and service-oriented businesses, with several neighborhood shopping centers and major retailers located within close proximity, contributing to steady traffic and local convenience.
Albuquerque is known for its rich mix of Native American, Hispanic, and Anglo cultures,
which shape its arts and cuisine, while also playing a key role in science and research through institutions like Sandia National Laboratories.
The property is a stand-alone building within an established commercial corridor, offering strong visibility and accessibility along Wyoming Boulevard. The surrounding area features a mix of retail, dining, and service-oriented businesses, with several neighborhood shopping centers and major retailers located within close proximity, contributing to steady traffic and local convenience.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
4,791 SF
Building Class
B
Year Built
1980
Price
$1,196,400
Price Per SF
$249.72
Cap Rate
7.25%
NOI
$86,738
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,791 SF
Building FAR
0.30
Lot Size
0.37 AC
Zoning
MX-M - Mixed Use Moderate Intensity
Parking
25 Spaces (5.22 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1-020-058-011190-3-12-01 | Improvements Assessment | $114,720 |
| Land Assessment | $39,745 | Total Assessment | $154,465 |
Property Taxes
Parcel Number
1-020-058-011190-3-12-01
Land Assessment
$39,745
Improvements Assessment
$114,720
Total Assessment
$154,465
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