New Mexico Broker of Record: Pegasus Group LLC / License No.: 2023-0376 Faris Lee Investments is pleased to present the opportunity to acquire the fee simple interest in a 100% leased, two-tenant neighborhood retail investment anchored by Big 5 Sporting Goods and Honey Supply Smoke Shop in Albuquerque, New Mexico. The 11,869-square-foot property is offered at $2,709,000, representing an attractive high-yield 7.50% cap rate on in-place NOI of $203,140. Big 5 Sporting Goods has successfully operated at the property since 2004, demonstrating more than 21 years of historical occupancy, while Honey Supply has occupied the property since 2021 and is committed through July 2029. Big 5, a recognized Western U.S. sporting goods retailer with approximately 414 locations across 11 states, employs more than 7,600 people. The investment provides durable rental income through net lease structures under which both tenants reimburse their proportionate share of property taxes, insurance, and CAM expenses, while also maintaining their respective HVAC systems and interior premises. Big 5 is committed through March 2030 with one remaining five-year renewal option at an increased monthly rent of $16,167. Honey Supply’s lease includes scheduled rent increases in August 2027 and August 2028. This structure minimizes day-to-day ownership obligations. The investment is offered at $228 PSF which is below replacement cost.