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Fidelity Investments

2100 Louisiana Blvd NE, Albuquerque, NM 87110

$10,608,000

Cap Rate 5.00%

Views: 153 DOM: 430 Updated: 10.18.24 Posted: 09.21.23 Status: Active

Summary

Price $10,608,000
Built/Renov 2024
Tenant Fidelity Investments
Cap Rate 5.00%
Lease Type Abs NNN
Guarantor Corp Rated
Size/SF 8,000
Lease Start 01-01-2024
#Units 200
Price/SF $1,326.00
Expiration 12-31-2033
Tenant Type Bank/Financial
NOI $530,400
R. Term 9.1
Ownership Fee Simple
Rent/SF $66.30
Increases 2.0%/1/yrs
Pop 5Mi 288,953
Lot/AC 0.72
Options 2/5yrs/2%
AHHI 5Mi $72,945

Scott DeYoung
Faris Lee Investments
Contact

Jeff Conover
Faris Lee Investments
Contact

Lease Highlights

  • Brand new 2024 construction
  • Fidelity Investments recently signed a brand-new 10-year lease with 2 (5-year) options to extend
  • Lease features 2% rental increases annually
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee by FMR LLC

Location Description

This soon to be constructed Fidelity Investments is strategically located along Louisiana Boulevard, which sees in excess of 64,000 vehicles passing by daily. The site has convenient on / off ramp access to the I-40 freeway with over 160,000 VPD. The property is part of Winrock Town Center, an 83-acre open-air mixed-use development designed to combine retail, entertainment, office,...

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Key Features

  • New construction

  • Roof guarantee

  • High traffic 50M+ VPD

  • Shopping Ctr out-parcel

  • Freeway visibility

  • Top 100 MSA

  • Long 10+ yr lease

  • Annual rent increases

  • Corporate Guarantee

  • Investment grade tenant

    • ...

Links

Fidelity Investments Wikipedia Fidelity Investments Wikipedia Albuquerque, New Mexico Zip Code 87110 Broker Site Page

Documents

Download OM

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Fidelity Investments is a multinational financial services corporation, and one of the largest asset managers in the world, with over $11.7 trillion in assets under management and over 43...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 14,467 140,072 299,458
2023 Total Population : 13,632 142,990 305,061
2023 Employed Civilian Pop : 6,552 66,479 145,068
2023 Total Businesses : 1,401 7,412 15,297
2023 Average Household Income : $ 74,695 $ 77,528 $ 85,709
2023 Total Consumer Spending : $ 425 M $ 4429 M $ 10400 M
2023 Median Age : 44 39 39
2023 Total Households : 6,518 65,595 139,703
2023 Pop Age 25+: Bachelor's Degree : 2,189 20,043 47,181
2023 Average Home Value : $ 270,418 $ 278,829 $ 294,312
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
FL-1075-P Winrock Loop 2021 5,221 0.05 mi
Winrock Loop Louisiana Blvd NE 2017 8,600 0.05 mi
Louisiana Blvd NE Winrock Loop 2017 44,800 0.07 mi
Louisiana Boulevard Northeast Winrock Loop 2018 41,173 0.07 mi
Louisiana Boulevard Northeast Winrock Loop 2020 34,546 0.07 mi
Louisiana Blvd NE Winrock Loop 2006 48,069 0.09 mi
FL-1075-P Winrock Loop NE 2021 4,962 0.09 mi
Winrock Loop Louisiana Blvd NE 2017 6,100 0.09 mi
Louisiana Boulevard Northeast Indian School Rd NE 2020 28,053 0.12 mi
IX-40-P-162.0-V I- 40 2021 7,744 0.14 mi

Listing Broker

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