4665 Irving Blvd NW Albuquerque, NM 87114

Listing agency Western States Commercial Real Estate Show Phone

Listed by MICHAEL RENEAU · License #NM 19679

Source Crexi

Added: Aug 21, 2024 Updated: Jul 22 at 8:59AM Checked: Jul 22 at 8:59AM

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Investment Insights

Based on property information with market context.

Fee-simple, absolute NNN Planet Fitness property featuring a long-standing, single-tenant facility leased through 12/31/2028. The offering is described as “absolute NNN,” with no landlord responsibilities.

The property is positioned at a high-traffic, signalized intersection with over 43,000 vehicles per day (VPD). The site includes over 70 parking spaces and is surrounded by major national retailers including Costco, Starbucks, Smith’s Grocery, and Lovelace Hospital, which supports consistent consumer activity.

Recent capital improvements include a new roof installed in 2019. The tenant recently exercised the first of two 5-year options, with over 4 years remaining on the current lease term at the time of the remarks.

Key Highlights

• Fee‑simple Planet Fitness with absolute NNN structure (no landlord responsibilities) and lease term ending 12/31/2028
• Over 43,000 vehicles per day (VPD) at a high‑traffic, signalized intersection
• 16,464 SF rentable area on a 2.3‑acre site

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Similar Off Market Nearby

• Operational Fitness and Tactics LLC — 4419 Night Hawk Rd, Albuquerque, NM 87114
• G-Force Gymnastics Academy — 4487 Irving Blvd NW, Albuquerque, NM 87114
• Total Life Inc. — 4701 Congress Ave NW, Albuquerque, NM 87114
• Vitality Wellness LLC — Located Inside Runway Hair Studio, 10200 Golf Course Rd NW ste e, Albuquerque, NM 87114
• Revival Health and Fitness — 4504 Tottle Ave NW, Albuquerque, NM 87114

FAQs

What type of property is this?

Fitness center & gym - Fee-simple Planet Fitness with absolute NNN structure and a current lease ending 12/31/2028.

Where is this fitness center & gym located?

The property is located at 4665 Irving Blvd NW Albuquerque, NM.

What are key features of this property?

This property features: Fee‑simple Planet Fitness with absolute NNN structure (no landlord responsibilities) and lease term ending 12/31/2028; Over 43,000 vehicles per day (VPD) at a high‑traffic, signalized intersection; 16,464 SF rentable area on a 2.3‑acre site