820 Trinity Drive, Los Alamos, NM 87544

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Raymond S.

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Building Details:

• Year Built: 1978

820 Trinity Drive is a mixed-use property for lease in Los Alamos, NM.

Located in the epicenter of Los Alamos' vibrant commercial hub, this office building offers a one-of-a-kind investment opportunity. Los Alamos County is the 4th richest county in the United States with median household income exceeding $97,000 and an unemployment rate hovering at an enviable 3% level. Due to the fact the city is surrounded by national forest and other federally owned land, there are few opportunities for new commercial development, thus high-quality existing commercial sites tend to maintain extremely high occupancy rates. This entire building is leased by Los Alamos Natonal Laboratory, the region's largest employer, and one of the super high-technology research centers in the United States. Since the surrounding topography of the city severely limits expansion of the existing commercial hub, new commercial sites nearly always come to being only through the destruction of older less viable commercial buildings. This commercial site is probably the most stable commercial rental market in the country. When available, vacant spaces command a high premium, and waiting lists are not uncommon. The area is growing rapidly due to the high quality of jobs available as well as the richness of recreational opportunity nearby added to the cultural possibilities offered by Albuquerque, Santa Fe, and Taos all of which are within easy driving distance.

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