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3811 Commons Ave NE
Albuquerque, NM 87109

$2,848,000 USD

Medical For Sale  •  11,235 SF

Property Details

• Property Type Medical
• Total Building Size 11,900 SF
• Lot Size 1.37 AC
• Building Class C
• Year Built 1990
• Cap Rate 6.28 %
• Tenancy Single
• Zoning NR-BP

10 Transit Score

50 Walk Score

Highlights

±7 Years Remaining on Established NN Lease with Two (2) Five-Year Renewal Options at 95% FMV

Scheduled 2% Annual Rent Increases Throughout Remaining Lease Term

Corporate Concentra Health Services, Inc. as Tenant, Subsidiary of NYSE-Listed Parent (CON)

Nation's Largest Occupational Health Provider with 1,000+ Locations and $2.2B in Annual Revenue

North I-25/Journal Center Location with ±172,606 VPD on Interstate 25

13,000+ Employee Journal Center Employment District Driving Occupational Healthcare Demand

Property Flyers

OM - Concentra Urgent Care - 3811 Commons Ave NE, Albuquerque, NM 87109

Cap Rate:

6.28 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Concentra

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
	7 min	-	2.5 mi
	8 min	-	3.1 mi
Airport	Drive	Walk	Distance
Albuquerque International Sunport	28 min	-	11.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	44
Type:	Surface
Included in Rent:	Yes