Single Tenant - Office Condo Investment

Office for Sale
Catylist Listing ID: 30007773
Property Subtypes: Net Leased, Office Building
Condo? Yes
Building Size (RSF): 2,256 SF
Gross Building Area: See Agent
Sale Price: $325,000
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Osuna Professional Offices
Class of Space: Class B
Usable Size (USF): 2,256 SF
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: 7.0%
Last Updated: 11/7/2017

Overview / Comments

Net Leased Investment offering actual cap of 6.6. Great location with easy access. End unit of complex, front and rear parking and access. New paint, air conditioned, solid tenant in place until Jan 2021. Perfect for medical, therapy, dental where private rooms are preferable. Owner Financing contact listing agent for details.

Current Tenants

Tenant Business Name Loveli Design
Is Renting? Yes
Annual Revenue $21,600 (Annual)
SF of Space Occupied 2,256 SF
Current Rent $21,600 PSF (Annual)
Lease Expiration 12/2020
Escalations None

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Far Northeast
Taxing Authority: Bernalillo County
Tax ID/APN: ABQ48478
Is Condo?: Yes
Zoning: C-3 - Heavy Commercial Zone

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,148 118,194 317,620
Median Age: 34.82 39.91 39.17
Households: 8,388 52,245 140,342

Contact

Photograph of Listing Agent

Tim Lopez

Keller Williams Commercial Realty
CARNM CIE Member
Photograph of Listing Agent

Laurette Partain

Keller Williams Realty
CARNM CIE Member
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