Wyoming Executive Plaza offers investors the opportunity to
acquire a 100%-occupied, single-tenant retail property in
Albuquerque’s highly desirable Northeast Heights submarket.
The approximately 3,200-square-foot building is leased to
Verdes Cannabis, LLC under a new six-year triple-net lease
featuring 3% annual rent increases and one additional fiveyear renewal option.
At the $800,000 asking price, the property provides a 7.20%
stabilized cap rate with contractual rent growth increasing the
investor’s return throughout the initial lease term. The tenant
reimburses property taxes, building insurance, common-area
maintenance, and other recoverable operating expenses,
creating a predictable income stream with limited day-today landlord responsibilities.
Positioned along the highly traveled Wyoming Boulevard
corridor, the property benefits from excellent visibility,
convenient access, strong surrounding demographics, and
proximity to established residential neighborhoods, national
retailers, restaurants, professional offices, and medical
providers. Its central location, long-term lease structure, and
increasing rental income make Wyoming Executive Plaza an
attractive investment opportunity in one of Albuquerque’s
most established commercial areas.