Current Rent: $51,600 Remaining Lease Term: Firm 5 Years Lease Type: Absolute NNN Tenant Termination Rights: None Cap Rate: 9.05%
Retail investment property: 100% occupied by Tio Rico Te Ayuda, a regional title loan, tax preparation and insurance service provider with over 25 locations in the West and Southwest.
Property is on hard corner at the high traffic intersection of five streets, known as “Five Points”, in Albuquerque, New Mexico with area tenants to include Wells Fargo Bank, O’Reilly Auto Parts, Napa Auto Parts, Family Dollar, Blake’s Lotaburger, among others. - Number of buildings: 1 - Building condition: Good
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