FOR SALE - LoopNet€¦ · Westside Oral Surgery Suite 103 Hair Addict Suite 104 Oakmont Financial Suite 107 Master Lease Suite 105-106 Crossfit Petroglyph Suite 108 Love Laser MASTER

Daniel KearneyAssociate [email protected]

Allen Sigmon Real Estate Group, LLC9201 Montgomery Blvd NE, Building 1 | Albuquerque, NM 87111

505.884.4699 | Fax 505.503.1381 | www.AllenSigmon.com

Austin TidwellAssociate [email protected]

Sale Price $2,145,721 • 7.9% CAP • 9,871 Total SF • 8 Suites • 2011 Construction

9101 High Assets Way NW, Albuquerque, NM 87108

FOR SALECOTTONWOOD NNN RETAIL INVESTMENT






Confidential Disclaimer

The information contained is believed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it.

It is your responsibility to independently confirm its accuracy and completeness. Any projection, opinion, assumption or estimated users are for example only and do not represent the

current or future performance of the property.

The value of this transaction to you depends on many factors which should be evaluated by your tax, financial, and legal counsel. You and your counsel should conduct a careful

independent investigation of the property to determine that it is suitable to your needs.






Executive Summary

Investment Highlights

Purchase Price:

Price Per Sq Ft:

NOI:

CAP Rate:

Lease Terms:

Lease Type:

Building Size:

Master Lease:

Population:

Households:

Average HH Income:

2017 Demographics

$2,145,721

$217 PSF

$169,512

7.9%

5+ Year Leases

NNN

10,362 SF

1 Year

1 Mile

11,528

4,303

$92,750

3 Mile

73,329

29,070

$85,139

5 Mile

179,583

70,481

$78,149






Tenant Mix

Suite 101 Suite 102 Suite 103 Suite 104 Suite 105 Suite 106 Suite 107 Suite 108

Suite 101-102Westside Oral Surgery

Suite 103Hair Addict

Suite 104OakmontFinancial

Suite 107Master Lease

Suite 105-106Crossfit Petroglyph

Suite 108Love Laser

MASTER LEASE






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Aerial Map

37,500 Cars Per Day

69,500 Cars Per Day

Demographic and Income Profile9101 High Assets Way NW, Albuquerque, New Mexico, 87120 Prepared by EsriRing: 1 mile radius Latitude: 35.17996

Longitude: -106.67376

Summary Census 2010 2016 2021Population 11,400 11,528 11,706Households 4,264 4,303 4,364Families 2,985 2,990 3,019Average Household Size 2.61 2.61 2.62Owner Occupied Housing Units 3,045 2,985 3,039Renter Occupied Housing Units 1,219 1,318 1,325Median Age 36.6 37.3 38.1

Trends: 2016 - 2021 Annual Rate Area State NationalPopulation 0.31% 0.44% 0.84%Households 0.28% 0.41% 0.79%Families 0.19% 0.25% 0.72%Owner HHs 0.36% 0.43% 0.73%Median Household Income 1.23% 1.43% 1.89%

2016 2021 Households by Income Number Percent Number Percent

<$15,000 408 9.5% 386 8.8%$15,000 - $24,999 318 7.4% 334 7.7%$25,000 - $34,999 304 7.1% 247 5.7%$35,000 - $49,999 407 9.5% 346 7.9%$50,000 - $74,999 639 14.9% 654 15.0%$75,000 - $99,999 580 13.5% 599 13.7%$100,000 - $149,999 900 20.9% 963 22.1%$150,000 - $199,999 478 11.1% 539 12.4%$200,000+ 269 6.3% 295 6.8%

Median Household Income $77,508 $82,375Average Household Income $92,750 $99,652Per Capita Income $36,131 $38,741

Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent

0 - 4 703 6.2% 673 5.8% 678 5.8%5 - 9 753 6.6% 743 6.4% 718 6.1%10 - 14 873 7.7% 782 6.8% 785 6.7%15 - 19 844 7.4% 802 7.0% 738 6.3%20 - 24 834 7.3% 892 7.7% 841 7.2%25 - 34 1,453 12.7% 1,503 13.0% 1,558 13.3%35 - 44 1,623 14.2% 1,588 13.8% 1,678 14.3%45 - 54 1,897 16.6% 1,749 15.2% 1,557 13.3%55 - 64 1,375 12.1% 1,465 12.7% 1,558 13.3%65 - 74 634 5.6% 903 7.8% 1,047 8.9%75 - 84 296 2.6% 312 2.7% 420 3.6%

85+ 114 1.0% 116 1.0% 125 1.1%Census 2010 2016 2021

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 8,478 74.4% 8,404 72.9% 8,401 71.8%Black Alone 372 3.3% 375 3.3% 383 3.3%American Indian Alone 655 5.7% 682 5.9% 715 6.1%Asian Alone 305 2.7% 340 2.9% 372 3.2%Pacific Islander Alone 20 0.2% 18 0.2% 18 0.2%Some Other Race Alone 1,103 9.7% 1,198 10.4% 1,271 10.9%Two or More Races 467 4.1% 512 4.4% 547 4.7%

Hispanic Origin (Any Race) 4,528 39.7% 4,868 42.2% 5,213 44.5%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

June 19, 2017

©2016 Esri Page 1 of 6



AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent)

1.8

1.6

1.4

1.2

1

0.8

0.6

0.4

0.2

0Population Households Families Owner HHs Median HH Income

20162021

Population by AgePopulation by Age

Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2016 Household Income 2016 Household Income

<$15K9.5%

$15K - $24K7.4%

$25K - $34K7.1%

$35K - $49K9.5%

$50K - $74K14.9%

$75K - $99K13.5%

$100K - $149K20.9%

$150K - $199K11.1%

$200K+6.3%

2016 Population by Race2016 Population by Race

Perc

ent

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2016 Percent Hispanic Origin: 42.2%


June 19, 2017

©2016 Esri Page 2 of 6Daniel KearneyAssociate [email protected]




2017 Demographics

ChartsFigures

1 Mile Radius






<$15,000 2,463 8.5% 2,422 8.2%$15,000 - $24,999 2,050 7.1% 2,241 7.6%$25,000 - $34,999 2,505 8.6% 2,065 7.0%$35,000 - $49,999 3,571 12.3% 3,024 10.2%$50,000 - $74,999 5,415 18.6% 5,567 18.8%$75,000 - $99,999 4,394 15.1% 4,692 15.8%$100,000 - $149,999 4,986 17.2% 5,467 18.5%$150,000 - $199,999 2,113 7.3% 2,410 8.1%$200,000+ 1,573 5.4% 1,740 5.9%



0 - 4 4,622 6.5% 4,548 6.2% 4,597 6.2%5 - 9 4,890 6.9% 4,758 6.5% 4,683 6.3%10 - 14 4,972 7.0% 4,951 6.8% 4,913 6.6%15 - 19 4,867 6.9% 4,546 6.2% 4,522 6.1%20 - 24 4,620 6.5% 4,525 6.2% 4,200 5.6%25 - 34 9,391 13.3% 10,318 14.1% 10,443 14.0%35 - 44 9,793 13.8% 9,770 13.3% 10,494 14.0%45 - 54 10,966 15.5% 10,133 13.8% 9,259 12.4%55 - 64 9,043 12.8% 9,832 13.4% 9,626 12.9%65 - 74 4,594 6.5% 6,426 8.8% 7,628 10.2%75 - 84 2,229 3.1% 2,592 3.5% 3,308 4.4%

85+ 813 1.1% 932 1.3% 1,037 1.4%Census 2010 2016 2021

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 52,930 74.8% 53,612 73.1% 53,704 71.9%Black Alone 1,986 2.8% 2,076 2.8% 2,139 2.9%American Indian Alone 3,058 4.3% 3,326 4.5% 3,555 4.8%Asian Alone 1,362 1.9% 1,562 2.1% 1,717 2.3%Pacific Islander Alone 92 0.1% 88 0.1% 88 0.1%Some Other Race Alone 8,053 11.4% 8,956 12.2% 9,534 12.8%Two or More Races 3,320 4.7% 3,708 5.1% 3,974 5.3%



June 19, 2017




AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent)

1.8

1.6

1.4

1.2

1

0.8

0.6

0.4

0.2


20162021


Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K8.5%

$15K - $24K7.1%

$25K - $34K8.6%

$35K - $49K12.3%

$50K - $74K18.6%

$75K - $99K15.1%

$100K - $149K17.2%

$150K - $199K7.3%

$200K+5.4%


Perc

ent

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+



June 19, 2017





2017 Demographics

ChartsFigures

3 Mile Radius






<$15,000 7,193 10.2% 7,072 9.8%$15,000 - $24,999 6,551 9.3% 7,137 9.9%$25,000 - $34,999 6,464 9.2% 5,341 7.4%$35,000 - $49,999 8,948 12.7% 7,732 10.7%$50,000 - $74,999 12,998 18.4% 13,508 18.7%$75,000 - $99,999 9,980 14.2% 10,612 14.7%$100,000 - $149,999 10,738 15.2% 11,929 16.5%$150,000 - $199,999 4,422 6.3% 5,210 7.2%$200,000+ 3,187 4.5% 3,557 4.9%



0 - 4 11,780 6.9% 11,778 6.6% 12,094 6.6%5 - 9 11,907 7.0% 12,067 6.7% 12,137 6.6%10 - 14 11,752 6.9% 12,158 6.8% 12,401 6.7%15 - 19 11,330 6.6% 11,237 6.3% 11,468 6.2%20 - 24 10,539 6.2% 10,771 6.0% 10,323 5.6%25 - 34 23,754 13.9% 25,025 13.9% 25,573 13.9%35 - 44 23,417 13.7% 24,371 13.6% 25,894 14.1%45 - 54 25,196 14.7% 23,542 13.1% 21,904 11.9%55 - 64 21,379 12.5% 23,480 13.1% 22,713 12.3%65 - 74 11,429 6.7% 15,556 8.7% 18,433 10.0%75 - 84 6,173 3.6% 6,820 3.8% 8,237 4.5%

85+ 2,522 1.5% 2,779 1.5% 2,966 1.6%Census 2010 2016 2021

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 124,942 73.0% 127,921 71.2% 128,986 70.0%Black Alone 4,490 2.6% 4,898 2.7% 5,158 2.8%American Indian Alone 6,944 4.1% 7,675 4.3% 8,197 4.5%Asian Alone 3,230 1.9% 3,747 2.1% 4,143 2.2%Pacific Islander Alone 193 0.1% 192 0.1% 194 0.1%Some Other Race Alone 23,627 13.8% 26,385 14.7% 28,038 15.2%Two or More Races 7,751 4.5% 8,765 4.9% 9,429 5.1%



June 19, 2017




AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent)

1.8

1.6

1.4

1.2

1

0.8

0.6

0.4

0.2


20162021


Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K10.2%

$15K - $24K9.3%

$25K - $34K9.2%

$35K - $49K12.7%

$50K - $74K18.4%

$75K - $99K14.2%

$100K - $149K15.2%

$150K - $199K6.3%

$200K+4.5%


Perc

ent

7065605550454035302520151050

White Black Am. Ind. Asian Pacific Other Two+



June 19, 2017





2017 Demographics

ChartsFigures

5 Mile Radius

Documents

FOR SALE - LoopNet€¦ · Westside Oral Surgery Suite 103 Hair Addict Suite 104 Oakmont Financial Suite 107 Master Lease Suite 105-106 Crossfit Petroglyph Suite 108 Love Laser MASTER