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NNN Property with Corporate Guaranty
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4000 Vassar Drive NE, Albuquerque, NM 87107

Industrial occupancy is supported by a corporate guaranty and a contract for services with the City of Albuquerque.

Property SizeContact for details
Days on Market143

Property Features for 4000 Vassar Drive NE

General Information

Standard status Active
Property subtype Industrial

Building Details

Tenancy Single
Listing Agency: R1 Commercial
Listed By: Tim Lopez · License #CA 02044550
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 11:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of R1 Commercial

Investment Insights

Based on property information with market context.

This NNN property is occupied by an industrial user under a contract for services with the City of Albuquerque. The arrangement includes a 15-year contract term and one 5-year option, with the current lease scheduled to expire in October 2027.

The tenant has extensively renovated the space to support its operational requirements. The property is located at 4000 Vassar Drive NE in Albuquerque, New Mexico, providing a defined address for the existing occupancy and lease structure.

Key Highlights

  • NNN lease structure with corporate guaranty
  • 15‑year contract for services with the City of Albuquerque
  • One 5‑year option included

Property Analytics

Current Use

Experienced Solar Solar Energy Company Dalkia Energy Solutions Corporate Office

Suggested Use

Top Pick Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Bakery Catering Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,341
Businesses Nearby

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Industrial occupancy is supported by a corporate guaranty and a contract for services with the City of Albuquerque.
Where is this nnn property located?
The property is located at 4000 Vassar Drive NE Albuquerque, NM.
What are key features of this property?
This property features: NNN lease structure with corporate guaranty; 15‑year contract for services with the City of Albuquerque; One 5‑year option included
More about this property
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