3500 Trinity Dr, Los Alamos, NM 87544

This is an opportunity to acquire a fee simple interest in a Modified Gross-leased investment property in Los Alamos, New Mexico. The property is leased to Bilingual Montessori School LAM, LLC, with approximately 7+ years of primary term remaining, along with two (2) ten-year options to extend. The lease includes annual 3.5% rental increases throughout the initial term and all option periods. The tenant is responsible for 100% of operating expenses, while the landlord is responsible for the roof, structure, foundation, taxes, and insurance. The property was completely remodeled in 2023, including the roof, HVAC, electrical systems, and full interior and exterior renovations. The property is located on NM State Road 502 (Trinity Drive), which has an average of over 12,700 vehicles per day. The property is situated less than one mile from Los Alamos National Laboratory (LANL), which employs approximately 18,000 professionals. The lease is guaranteed by Triad National Security, LLC, the federally contracted Management and Operating (M&O) contractor for LANL under the U.S. Department of Energy’s National Nuclear Security Administration. Triad is backed by Battelle Memorial Institute, Texas A&M University System, and the University of California, and oversees multi-billion-dollar national security operations. Independent financial assessments estimate Triad’s annual revenue in excess of $500 million. The property size is 11,712 square feet.