Wyoming Executive Plaza Fully Leased Single-Tenant Investment

Overview

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 five-year 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-to-day 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.

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