Corporate Single-Tenant Investment | Low Price Point

Flanagan Investment Real Estate is pleased to offer for sale a single-tenant, corporate-leased property with a recent extension. The property is located at 7737 Zuni Rd SE in Albuquerque, NM at the corner of Dallas St. and Zuni Rd. This is a dense, in-fill location located just south of Central Ave with convenient access to Interstate 40.
The Universal Church is operating in an approximately +/-6,000 sq. ft. building situated on about +/-0.44 acres. There have been many upgrades/renovations to the building and property to accommodate the church. The Universal Church is a large, established church located in more than 150 countries throughout the world.
The Tenant recently extended their lease through December 31, 2029 and has extended their lease several times since their initial commencement in 2018. This shows their commitment to this location. The lease features large annual increases with limited landlord responsibilities.
This investment benefits from the recent lease extension, strong tenant, and large annual rental increases. In addition, the limited landlord responsibilities and recent improvements make this property an opportunity on which an investor can capitalize for the foreseeable future.

The Universal Church
Single-Tenant Corporate Lease
Tenant recently extended lease through December 31, 2029
• Tenant has extended lease several times since their initial commencement in 2018 showing their commitment to the site
Large annual rental increases
The Universal Church
• Large, established church
• Located in more than 150 countries throughout the world
• Congregation as a whole is in excess of 3 million members
Building Size: ± 6,000 Sq. Ft.
Land Size: ± 0.44 Acres
Recent upgrades and renovations
Limited landlord responsibilities
• Landlord responsible for repair and replacement of roof, foundation, and structural elements
Low Price Point
• Priced well below replacement cost