Altura Professional Building

OWNER USER OPPORTUNITY

Rare opportunity for an owner-user to secure a presence in one of Albuquerque’s most prestigious and supply-constrained submarkets

Strong market fundamentals paired with near-term lease flexibility offer a compelling blend of stability and optionality

Short weighted average lease term (WALT) of approximately 2.22 years provides immediate in-place income with built-in transition potential

Largest tenant, Lovelace (occupying 34% of the building), is scheduled to vacate at lease expiration in September 2026, enabling strategic phased occupancy

HIGH QUALITY OFFICE BUILDING

+/- 109,504 SF four-story building constructed in 1999

Mounted signage facing I-40 with 99,000 VPD - high-visibility signage facing the interstate provides a significant advantage by maximizing brand exposure and attracting top-tier tenants

Underground private parking totaling 131 spaces and storage areas in the basement level, a rarity in the Albuquerque market

Expansive central atrium with a timeless rock and water formation

The Property’s prominent glass curtain walls and architectural detailing create a professional, high-image environment attractive to tenants and visitors alike

INVESTMENT OPPORTUNITY WITH A VERY LOW BASIS PROVIDING LONG-TERM COMPETITIVE EDGE

Exceptional value-add investment opportunity with 100% current occupancy and secure, in-place cash flow

Largest tenant (34% of building) set to vacate in September 2026, aligning with strong upward momentum in the University submarket in Albuquerque

Strong market fundamentals with no new inventory under construction and only 64,000 SF delivered in the entire Albuquerque market over the past 5 years, limiting the available competitive product