|Price/Rent PSF||$ 7,715,000.00|
|SQ. FT. Available||48,211|
Established retail power district near downtown Albuquerque and just off I-25 in center of city. Montgomery Blvd. interchange off I-25. The Renaissance Center includes Costco, Home Depot and Office Depot along with the subject property - Sportsman's Warehouse.
Sportsman's Warehouse building for sale with a fresh 10 year extension on an original 15 year lease. 10 year lease extension begins 9/1/2019. Absolute triple net lease, with Tenant paying for maintenance, property tax and property insurance. Lease adjusts in mid-term by 5%. Three five year extension options with 10% rent escalations thereafter. Originally built in 2004 specifically for Sportsman's Warehouse. It is located in the Renaissance Center shopping district with complementary retail stores generating high traffic from consumers Central Albuquerque location in desirable retail area.