Adrienne DeGuere
(505) 310-8053
$2,275,000

$2,275,000
(505) 310-8053
SINGLE-TENANT TRIPLE NET INDUSTRIAL INVESTMENT 8.51% Cap Rate | $193,440 First-Year NOI | 10,969 SF | I-1 Zoning. Fully occupied, income-producing flex industrial building offered as a Triple Net (NNN) investment. Tenant pays all real property taxes, insurance, maintenance, utilities, and operating expenses directly. Landlord receives $16,000 per month Base Rent free and clear with annual escalations of the greater of 3% or CPI-U -- a guaranteed inflation hedge built into the lease. The property is a high-specification flex industrial building remodeled circa 2019 on a 0.781-acre fully fenced lot. Four suites (Units A-D), each with private office, private restroom, warehouse space with high ceilings, 8'8' roll-up door, and security shutters -- all currently interconnected and occupied by a single tenant. Heavy infrastructure includes 3-phase electrical service at 1,600 amps, city water and sewer, natural gas, HVAC with climate and humidity control, floor drains, and uni-strut ceilings. 23 paved parking spaces. Lease personally guaranteed for the full initial term. Annual rent escalations. Tenant has Right of First Refusal on sale.
Tai Bixby
Real Estate Advisors, LLC