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Office & Industrial
5601 Office Boulevard
Albuquerque, NM
50,526 SqFt
Built in 1999
Core Plus
Investment Highlights
- This high quality asset is currently 85% leased to three tenants with a WALT remaining of approximately 5.9 years
- Medical office and laboratory tenancy with Quest Diagnostics as the anchor tenant since 1999 and Sono Bello having a $100/SF tenant improvement allowance to build out their space
- Quest Diagnostics, who occupies 46% of the rentable SF, is an investment grade tenant and ranked #324 on the Fortune 500
- Sono Bello is building out their clinic and medical facility and committed to a firm, 12 year initial lease term and significant tenant out-of-pocket investment
- Value creation potential with the ability to lease-up or convert two suites to medical office to garner higher rental rates
Exclusively listed by
Broker of Record
Ryan Sarbinoff
First Vice President/Regional Manager
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