5001 Cutler Ave Albuquerque, NM 87110

This exceptional investment opportunity presents a freestanding, 13,047-square-foot Office Depot retail building situated on a 1.006-acre lot in Albuquerque, New Mexico. The property boasts a highly desirable C-2 zoning and benefits from a corporate-guaranteed, 5-year net lease (NN) with a remaining term of approximately 3.9 years. The lease commenced October 1, 2023, and expires September 30, 2028, featuring built-in rent increases. The property's strong financial performance is reflected in its attractive 8.32% cap rate and a substantial net operating income (NOI) of $166,349. The asking price is $1,999,000, translating to a price per square foot of $153.22. Located at 5001 Cutler Ave NE, Albuquerque, NM 87110, this single-tenant property enjoys a prominent position in a high-traffic retail corridor, offering excellent pylon signage, visibility, and accessibility. The lease includes two options for renewal, providing long-term stability and potential for future growth. This is a rare opportunity to acquire a well-performing, net-leased retail asset with a strong corporate tenant and significant upside potential. The property's location and tenant strength make it an ideal addition to any diversified investment portfolio.