SVN | WALT ARNOLD COMMERCIAL BROKERAGE, INC. | 6200 SEAGULL LANE NE, SUITE A, ALBUQUERQUE, NM 87109 LEASE BROCHURE

4580 PARADISEBLVD NWALBUQUERQUE, NM 87114

Hunter GreeneSenior Advisor505.450.5612hunter.greene@svn.com

Joel White, MAISenior Advisor505.503.2634joel.white@svn.com

Patti PeixottoSenior Advisor505.503.2638patti.peixotto@svn.com

OFFERING SUMMARY

Available SF: 69,300

Lease Rate: $10.00 SF/YR (NNN)

Lot Size: 5.5 Acres

Year Built: 1981

Building Size: 69,300 SF

Renovated: 2006

Zoning: SU-1

PROPERTY OVERVIEW4580 Paradise Blvd, NW is an excellent opportunity for an owner/user ortenant seeking a well-located office/flex facility on the fast growing west side!The property is a single-story 69,300 SF building originally constructed in 1981as a build-to-suit for the J.C. Penney Company. The building features quickaccess to Coors and Paseo and all quadrants of the city. The current tenant willvacate at the end of June 2017.

PROPERTY HIGHLIGHTS

• Prime NW location

• Quick Access throughout the city

• 335 parking spaces – 4.9/1000 ratio

• 5.5 acres

• Fully Sprinklered

• Eat-in Cafeteria; kitchen

Property Summary

4580 PARADISE BLVD NW, ALBUQUERQUE, NM 87114 SVN | Walt Arnold Commercial Brokerage, Inc. | Page 2

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.

Location Maps

4580 PARADISE BLVD NW, ALBUQUERQUE, NM 87114 SVN | Walt Arnold Commercial Brokerage, Inc. | Page 3

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.

PROPERTY OVERVIEW

4580 Paradise NW is a well-constructed concrete tilt-upfacility featuring steel post and beam construction and ametal deck roof. Office areas (consisting of approximately halfthe building) are located along the building’s northernperimeter. A large open work area of 25,000+ SF wasformerly used for a mail pharmacy. A cafeteria is located inthe northeastern corner of the building equipped with akitchen.Perimeter offices have nine-foot ceilings finished withsuspended acoustical tile. The open work areas, cafeteria andcomputer rooms have 10-foot ceilings, with 16.5 foot ceilingsin the receiving and warehouse areas. A recessed loadingdock with two overhead doors is located on the building'swest side and accesses a 3,000 square foot receiving area.The building is served by a central refrigerated airconditioning and heating system consisting of a Trane chillerwith handlers and variable air volume boxes. Computer roomshave their own HVAC systems. Fire protection is provided by awet sprinkler system that covers the entire building. Thereare 335 outdoor parking spaces, providing a ratio of 4.8spaces per 1,000 square feet of net rentable square fee. Theproperty is located on a 5.5 acre landscaped site inAlbuquerque's fast-developing west side, within 5 miles ofIntel. The immediate neighborhood consists of newresidential and retail development. Major thoroughfaresincluding Coors Boulevard and Paseo del Norte provideconvenient access to all quadrants of the city.

ALBUQUERQUE MARKET INFORMATION

The Albuquerque office market is expected to improve in 2017as some large tenants are expected to expand within theAlbuquerque MSA. The latest stats available (third quarter2016) show a city-wide vacancy rate of 23.8% while the WestMesa Submarket has a 17.7% vacancy rate. There isapproximately 13,899,348 SF of office space in the MSA whilethe West Mesa Submarket has approximately 581,957 SF.Office using jobs have grown continuously for the past 2years, with the leading industries being education andhealthcare services – adding 3,300 net jobs year-over-yearfollowed by professional and business services and otherservice sectors creating a combined 1,300 net jobs.

Property Description

4580 PARADISE BLVD NW, ALBUQUERQUE, NM 87114 SVN | Walt Arnold Commercial Brokerage, Inc. | Page 4

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.

Additional Photos

4580 PARADISE BLVD NW, ALBUQUERQUE, NM 87114 SVN | Walt Arnold Commercial Brokerage, Inc. | Page 5

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.

Additional Photos

4580 PARADISE BLVD NW, ALBUQUERQUE, NM 87114 SVN | Walt Arnold Commercial Brokerage, Inc. | Page 6

The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy andcompleteness. All SVN® offices are independently owned and operated.