Investment Property- Downtown Belen

Office for Sale
Catylist Listing ID: 29933075
Property Subtypes: Executive Suites, Mixed Use, Office Building, Other
Building Size (RSF): 44,680 SF
Gross Land Area: 3.84 Acres
Sale Price: $4,500,000
Unit Price: $100.72 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Wells Fargo Building
Class of Space: Class A
Usable Size (USF): 44,680 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/14/2021

Overview / Comments

HEART OF BELEN.. Property consists of 44,680 SQ FT Multi-tenant 4 story Bank Building. Sitting on Approx. 3.84 Acres with 6+ drive up windows and Views in EVERY direction. This Structure has A Wonderful income, with even more Phenomenal income potential.

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Tax ID/APN: 1007028222297000000
Property Located Between: HEART OF BELEN. Tallest Building ++ WITH VIEWS
Property Visibility: Excellent
Highway Access: I-25 is approx 2 miles or close proximity via any of the 3 Belen freeway interchange exits
Airports: ABQ INTERNATIONAL AIRPORT 32 mi & ALEXANDER Airpark 4 miles
Site Description: 3.84 acres in the Heart of Belen NM. Property is walking distance to City Hall, Multiple food outlets, convenience stores..etc..
Area Description: Belen is BOOMING, known as the "HUB CITY" for the BNSF Railway. This HUB is located just 30 minutes to Albuquerque NM
Total Number of Buildings: 1
Number of Stories: 4
Typical SF / Floor: 11,760 SF
Year Built: 1987
Roof Type: Flat
Construction/Siding: Steel Frame
Exterior Description: Stucco
Parking Ratio: 190 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 190
Passenger Elevators: 2
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central, Heat Pump
Air Conditioning: Other
Internet Access: Cable, DSL, Satellite
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,073 12,866 18,677
Median Age: 39.36 41.28 40.39
Households: 1,276 5,139 7,259


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