• Long-term lease with early lease extension | Tenant recently extended its lease early by over 7 years, bringing the total remaining term to over 11.5 years
• Absolute NNN lease | Zero Landlord responsibilities
• Signalized, hard corner location with excellent access and visibility from Pat D’Arco Highway & Enchanted Hills Blvd NE | Combined ±50,685 VPD
• Steady sales volume and well-established location | Tenant has been operating at the site for nearly 23 years
• Outparcel to an Albertson’s-anchored shopping center
• Kitty corner to a Walmart Supercenter-anchored shopping center
• Directly across the street from Plaza at Enchanted Hills | Anchored by Sprouts, T.J. Maxx, Ross, and the newly opened THE BLOCK, an indoor/outdoor Container Park featuring retail and event space
• Site is walking distance to:
• Santa Ana Star Casino Hotel | The first Native-American casino to operate in New Mexico | 204 rooms and 1,300+ slots
• US Highway 550 which sees nearly 41,000 VPD
• The New Mexico Soccer Tournament Complex
• Home Depot
• Rapidly growing area | Population has grown 16.57% since 2020 within a 1-mile radius
• Affluent area | The average household income exceeds $129,400 within a 1-mile radius
• Less than 2.5 miles from Bernalillo High School | 800+ students
• Walgreens (Nasdaq: WBA) is the largest retail health, pharmacy, and daily living destination across the U.S. and Europe | ±12,500 worldwide locations
• Generated $147B+ in FY 2024, a 6.2% increase from 2023
• Ranks #28 on the Fortune 500
• BB Credit Rating (S&P)