Medical Office Building In Pres Medical Hub

Office for Lease
Catylist Listing ID: 30397341
Property Subtypes: Medical, Office Building, Other
Contiguous Space: 6,500 SF
Gross Building Area: 6,500 SF
Gross Land Area: 0.46 SF
Lease Rate: $15.75 PSF (Annual)
Base Monthly Rent: $8,531
Lease Types: Modified Gross
In Opportunity Zone? Yes
Class of Space: Class C
Usable Size (USF): 6,500 SF
Last Updated: 8/15/2019

Overview / Comments

Great location, in the heart of Presbyterian medical hub. Redevelopment Opportunity.

Easy access to Big-I
Sale Price: $837,000
Building Area: 9,100 SF
Lot Size: .58 Acres
Zoned: MX - M

Expand All Available Space

Suite: 1 6,500 SF $15.75 PSF (Annual) Modified Gross
Space Available: 6,500 SF
Lease Rate: $15.75 PSF (Annual)
$8,531 (Monthly)
Lease Type: Modified Gross
Space Description: Building was occupied by a single tenant, a medical dermatology practice where the physician has recently retired. Fairly typical medical buildout.
Space Subcategory: Medical, Office Building
Date Available: 3/21/2019
Lease Term: 60 Months
Space Type: Relet
Parking Spaces 31

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: 101505716619831508
Zoning: MX-M - Mixed-use: Moderate Intensity
Property Visibility: Excellent
Highway Access: Quick access to I-25
Site Description: FOR SALE OR LEASE, Medical or office building, long term dermatology practice tenant retiring, property available January 1, 2019. Located at the northeast corner of Coal and Cedar SE, within the Presbyterian Hospital medical complex greater area. Possible REDEVELOPMENT opportunity multiple uses, IDO Zoning MX-M.
Area Description: Property located on Coal Avenue SE one block east of I/25 and Coal Intersection.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1961
Year Renovated: 1983
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Stucco
Parking Ratio: 5 (per 1000 SF)
Parking Type: Surface
Parking Description: 31 spaces, 2 designated handicapped
Total Parking Spaces: 31
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Package Unit
Zoning Description: IDO MX-M moderate intensity including office, medical and retail/commercial uses.
Lot Frontage: 150' on Coal
Lot Depth: 132' on Cedar
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Utilities
Legal Description: Lots 7, 8 & 9, Block 32, Terrace Addition

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,805 114,398 287,615
Median Age: 29.06 36 35.83
Households: 7,015 50,762 120,297


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