4101 Montgomery Blvd NE

Granada Business Center has a total of 6 buildings: four single-story medical/professional office buildings, one free-standing restaurant and one two-story State Government occupied office building. The two-story building is currently under construction to house the New Mexico Health Care Authority. Once the State takes occupancy in 2025, Granda Business Center will be 94% occupied. Granada Business Center sits on 5.53 acres and has a wealth of re-development potential.

• High Occupancy with Stable Tenants: 94% occupancy with diverse medical, government, professional tenants and a freestanding restaurant ensures steady cash flow and tenant retention.
• Prime Location: Positioned on Albuquerque’s busy Montgomery Boulevard with over 43,000 daily vehicles, offering high visibility and easy access.
• Unmatched Access: Dedicated turn signal provides direct access from Montgomery, with convenient routes to I-25 via Montgomery and Jefferson.
• Proximity to Healthcare: Close to hospitals and medical centers, driving strong demand from healthcare-related tenants.
• Redevelopment Potential: Situated on 5.53 acres, offering opportunities for value enhancement and future adaptability.
• Ample Parking: 4.1:1,000 SF ratio support tenant and visitor convenience.
• Upside Potential: Below-market rents and uncaptured expense pass-throughs provide opportunities to boost NOI.
• New Government Tenant: The State of New Mexico’s 10-year lease starting in 2025 ensures reliable long-term income.
• Tenant-Borne Costs: Tenants manage and pay for their own electrical and janitorial services, reducing owner responsibilities
and mitigating expense risks.