3500 Trinity, Santa Fe, NM 87544

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.