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3500 Trinity Rd Santa Fe, NM 87544

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For Sale
$5,600,000

Modified Gross-leased investment property in Los Alamos, New Mexico.

Property size:
11,712 SF
Lot size:
1.90 Acres

Property Features for 3500 Trinity Rd

General Information

Standard status
Active
Size
11,712 SF
Lot size
1.90 Acres

Building Details

Year built
1985

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Listing Contact
Tai Bixby
Tai Bixby
Source: Corcoran

Listing Agency: REAL ESTATE ADVISORS, LLC Listing Agent: Tai Bixby

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Los Alamos Investment Opportunity

This is a rare opportunity to acquire the 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 ten-year options to extend. The lease features annual 3.5% rental increases throughout the initial term and all option periods. The tenant is responsible for 100% of operating expenses, with landlord responsibilities limited to roof, structure, foundation, taxes, and insurance. The asset was completely remodeled in 2023, including roof, HVAC, electrical systems, and full interior and exterior renovations. The property is located on NM State Road 502 (Trinity Drive), a primary retail and commuter corridor averaging over 12,700 vehicles per day. It is situated less than one mile from Los Alamos National Laboratory (LANL), employing approximately 18,000 professionals. The lease is guaranteed by Triad National Security, LLC, the federally contracted Management and Operating (MO) contractor for LANL under the U.S. Department of Energy’s National Nuclear Security Administration. Triad is backed by Battelle Memorial Institute, Texas AM 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 11712 square feet.
Location Intelligence

Current Use by Public Records

Schools

Suggested Use

Auto Repair Shop Big Box & Wholesale Store Kitchen & Bath Showroom Food Market Electrical Service Computer & Electronic Repair Garden Center Shopping Center & Mall Carpet & Flooring Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Santa Fe
County
Santa Fe
State
New Mexico
Longitude
-106.079442
Latitude
35.573548

FAQs

What type of property is this?
NNN property - Modified Gross-leased investment property in Los Alamos, New Mexico.
Where is this nnn property located?
The property is located at 3500 Trinity Rd Santa Fe, NM.
What is the asking price?
The asking price for this property is $5,600,000.
What are key features of this property?
This property features: - Lease guaranteed by Triad National Security, LLC, the federally contracted Management and Operating contractor for Los Alamos National Laboratory (LANL).; - NNN-like lease structure with tenant responsible for 100% of operating expenses.; - **Property completely remodeled in 2023, including roof, HVAC, electrical systems, and full interior and exterior renovations.**
More about this property
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