Albuquerque, NM 87114

Sherwin-Williams- New 10 Yr Lease

Property Address

NE Corner of Unser & McMahon Albuquerque, NM 87114

Offering Summary

  • Price: $2,072,000
  • Lot Size: 0.88 Acres
  • Cap Rate: 5.5%
  • Year Built: 2017
  • Building SF: 4,500
  • Status: In Escrow
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  • New 10 Year Corporate Lease with Sherwin-Williams (NYSE: SHW) – Investment Grade Tenant
  • Ten Percent Rental Increases Every Five Years
  • 2017 Construction
  • 15-Year Roof Warranty
  • Adjacent to Walgreen’s and Advanced Auto Parts
  • Visible to Over 42,900 Cars Per Day Along McMahon Blvd & Unser Blvd
  • Located Just 12 Miles North of Old Town Albuquerque
  • Down the Road from Cottonwood Mall (135+ Stores)
  • 153,800 Residents in Trade Area
  • Average Household Income Exceeds $82K in 5-Mile Radius

Broker Information