220 98th St NW | Albuquerque, NM 87121
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- LoopNet Team
220 98th St NW
Albuquerque, NM 87121
CALIBER COLLISION | 15 YR ABSOLUTE NET LEASE · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Dominant Leadership: Hellman & Friedman, Private Equity Firm with Over $25 Billion of Total Assets, is the Majority Owners after Merger.
- Near Westpointe 40 - a 90-Acre Development at I-40 and 98th, offering Warehousing, Interstate Access, on-site Utilities, and more.
- Caliber Collision is the Nation’s Largest Collision Repair provider, with more than 1,700 Convenient Locations in 40 States - and Growing.
- Densely Populated Area: Features 160k+ People Residing w/in a 5-Mile Radius. Located in One of the Fastest Growing Segment of the Albuquerque MSA.
- Significant Tax Benefits - Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
16,100 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.50 AC
Frontage
188’ on 98th Street Northwest
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