Boy Scouts-Absolute NNN Sale Leaseback Opportunity

For Sale

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 5841 Office Blvd. NE, Albuquerque, NM 87109
  • Property Status: Active
  • Sale Pricing: $1,477,000
  • Property Information:
    Cap Rate
    6.50%
    Size
    1.02 acres
    Lease Type
    NNN
    Building Size
    +/-8,000 SF
    Property Description:

    Absolute Investment Realty has been selected as the exclusive representative of the owner of this rare opportunity to own a 10-year sale leaseback with the Great Southwest Council Boy Scouts of America which was founded in 1924 to serve New Mexico, Southern Colorado, South East Utah, and North East Arizona. The property is located at 5841 Office Blvd. NE, Albuqueqrue, NM 87109. The Boy Scouts commissioned this purpose built building in 1985 to serve as their regional headquarters. The property currently serves as their main office and scouting supply retail outlet. The property is located in the North I-25 Corridor of Albuquerque, which is one of the most desirable office/industrial trade areas in the state of NM. The well maintained +/- 8,000 SF building is configured with approximately 5,000 SF of office space and approximately 3,000 SF of retail space which is leased to Boy Scouts of America as a scouting supply retail outlet. The 1.02 acres property has ample parking and excess land for future expansion.

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