Starbucks Investment Offering
Albuquerque, NM 87109
Located in front of Lovelace Medical Office Building with over 40 doctors, 60 staff, 300-500 visits a day. Lovelace is one of the largest medical/insurance providers in the New Mexico. Lovelace recently exercised it’s right to expand current facility adding 25,000 SF.
Major area tenants include Lovelace Medical Group, Lowe’s Customer Support Center, Calvary Church, Health South Medical Rehabilitation Hospital, Alorica, Albuquerque Journal, U.S. & USDA Forest Service, and more in this packed business/medical corridor.
- Cap Rate: 5.25%
- NNN: Tenant pays real estate taxes, insurance & maintenance. Tenant maintains premises, landscaping & site lighting. Landlord maintains roof & structure. Roof has 20 year warranty.
- Property Map: