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1300 Wyoming Blvd. NE
Albuquerque, NM 87112
Asking Price
$1.20M
Cap Rate
7%
Asset Type
Medical Office Office
Class
Class B
What's Special
Office | 7.00% CAP | 2,844 SqFt <ul><li>3.00% Annual Rent Escalations</li><li>Net Leased Medical</li><li>Modified NNN (Minor Landlord Responsibilities)</li><li>10 Year Initial Term (Allevio Care LLC)</li><li>Term Commenced Jan 1, 2025</li><li>Strong National Credit Tenant</li><li>Allevio Care has Multiple Locations throughout Southwest</li></ul>
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NOI
$80,000
Cap Rate
6.69%
DSCR
1.13
Tight
Cash-on-Cash
2.50%
Monthly Payment
$5,919.134
Annual Cash Flow
$8,970.387
