Fidelity Investments

Highlights:

• Corporate Executed Lease / S&P Credit: A+
• New Long Term / 10-Year NNN Lease plus Option to Extend Term 10 years
• 2% Annual Rental Increases During Initial Term and Option Period
• Part of Winrock Town Center / New Pad Building Fronting Louisiana Blvd. and Dillard’s / Strategically Located Adjacent to Target & Albuquerque Uptown
• High Density & Strong Trade Area Demographics / Over 1-Million people within 50 Mile Tarde Area / Over $87,000 AHHI
• New Construction 2024 & Warranties for the investor / Heavy Traffic - Over 183,000 VPD I-40 Fwy & 51,000 VPD Louisiana St.

Description:

Faris Lee Investments is pleased to present a rare opportunity to acquire the fee simple interest in a brand new,
Corporate Executed, single tenant NNN leased Fidelity Investments. The newly constructed property (July 2024
opening), with construction & roof warranties passed onto the buyer, is located as an out-parcel pad building to
the 83 acre open-air mixed-use development Winrock Town Center in Albuquerque, New Mexico. The Fidelity
lease features a new long term 10 year lease with another 2 (5 - Year) options to extend the term for a potential of
20 years of total term, which provides the investor long term security & stability. In addition, the lease features 2%
annual rental increases which increases the return on investment and hedges against inflation. The lease structure
is NNN with the expenses of property taxes, insurance & common area maintenance (CAM) getting passed through
onto the tenant to pay their pro-rata share.
Fidelity Investments: Privately owned by FMR LLC (S&P Rating A+) serves over 43 million American investors and
23,000 businesses with an array of financial services, while providing clients with 13 regional sites and more than
200 investor centers throughout the country. Since their founding in 1946, Fidelity has accumulated over $11.7
trillion in assets.
Fidelity Investments relocated out of the renowned ABQ Uptown to Winrock Town Center as a newly built pad
building fronting Louisiana Blvd. and Dillard’s. Furthermore, Fidelity is strategically located adjacent to Target and
ABQ Uptown where the only Apple Store in the State of New Mexico exists. Winrock Town Center is an 83 acre
open-air mixed-use development designed to combine retail, entertainment, office, hospitality, medical and a 2.5
acre park. There is approximately 780,000 square feet of retail space with 2 Dillard’s, 16-screen Regal Theatre,
restaurants & shops. Winrock is the gateway to Albuquerque’s Uptown District, the premier retail, office, medical
& residential sector which includes approximately 1 million square feet of office space and 2,000 residential units.
The subject property is located along the heavy traffic retail corridor at the (I-40) Freeway (183,000 VPD) at
Louisiana Blvd. (51,000 VPD) with high density & strong trade area demographics. Over 820,000 people, Over
297,000 daytime employees & Over $89,000 AHHI within 20 miles.
The city of Albuquerque is the largest city in New Mexico. Albuquerque is home to numerous businesses and
attractions including the University of New Mexico, Kirtland Airforce Base, Sandia National Laboratories, the
Albuquerque Museum, the National Hispanic Cultural Center, and the Albuquerque International Balloon Fiesta.

Albuquerque, abbreviated as ABQ, is the most populous city in the U.S. state of New Mexico. Its nicknames, The Duke City and Burque, both reference its 1706 founding by Nuevo México governor Francisco Cuervo y Valdés as La Villa de Alburquerque. The 2020 census found the population of the city to be 564,559, making Albuquerque the 32nd-most populous city in the United States and the fourth-largest in the Southwest. It is the principal city of the Albuquerque metropolitan area, which had 916,528 residents as of July 2020. At the heart of New Mexico beats the pulse of this vibrant city.