CabelasProperty Highlights
Investment Highlights
Stable Cash Flow with High Credit Tenant
Excellent opportunity to purchase a top-performing Cabela’s ground lease (fee simple) in an infill location of Albuquerque, NM
Corporate signature with Cabela’s, arguably America’s favorite outdoor retailer, with 2018 revenue of $10.5 billion dollars
In 2017, Cabela’s signed a long-term, twenty (20) year lease (approximately 17 years remaining) and eight (8) five (5) year options to renew with fixed rental increases
#1 Outdoor Recreation Retailer
Bass Pro Shops/Cabela’s are known worldwide for being the leader in outdoor recreation equipment
Strong Income Growth
Stable, long term lease with improving cash on cash returns
Net Operating Income will have increased by $63,000 (21%) with the first scheduled rental increase in year 11 and the second scheduled rental increase in year 16 of the lease term
NNN corporate ground lease – the most passive form of real estate investment for an investor
Destination Retail
High-performing Cabela’s location – this tenant appeals to the surrounding regional demographics in the trade area and caters to the entire state of New Mexico – this is the only Cabela’s/Bass Pro Shops that operates in New Mexico
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For More Information, Please Contact:
JAMES KAYE
Senior Vice President
Lic. 01052330
+1 408 453 7419
[email protected]
JAY GOMEZ
Senior Vice President
Lic. 01364065
+1 408 453 7459
[email protected]
ARTHUR R. FLORES
Senior Vice President
Lic. 01423821
+1 949 725 8625
[email protected]
JIM DOUNTAS
First Vice President
+1 505 837 4955
[email protected]
KYLE KAYE
Associate
Lic. 02068777
+1 949 725 8497
[email protected]
CBRE


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