Mariposa West: Office/Retail-Innovative Design and Architecture

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30183429
Property Subtypes: Mixed Use, Flex Space, Office Building
Building Size (RSF): 16,308 SF
Gross Land Area: 1.10 Acres
Sale Price: $2,000,000
Unit Price: $122.64 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Mariposa West
Class of Space: Class A
Usable Size (USF): 16,308 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 65
Last Updated: 7/9/2018

Overview / Comments

Mariposa East Commons. Steel, concrete, glass and contemporary design set in a landscape of natural beauty. Not that far as one thinks, its worth the commute. Set among natural trails, new home construction, and views of the Sandias.

Construction quality, engineering, design, views, aesthetic appeal and practical design make this property an exceptional property, superior to 95% of commercial buildings in the Albuquerque area.

Have lunch at the Point Grill, join the community center for a lunchtime swim or workout. Gaze out at the natural beauty from floor to ceiling glass. Just 10 minutes to Rio Rancho via Unser to the south or US 550 to the north. Bernalillo is 15 minutes max.

A mixed-use building the first floor is partially built out with The Point Grill leaving 4,350 SF left for the buildout of office or retail. The second floor (7,670 SF) is office with abundant light, elevator access, kitchen, conference room, and thirteen built out offices.

Owner leaseback options, please inquire for further information.

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho
Taxing Authority: Sandoval County
Tax ID/APN: 1012076124495
Property Visibility: Excellent
Number of Stories: 2
Typical SF / Floor: 8,154 SF
Year Built: 2007
Parking Type: Surface
Passenger Elevators: 1
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Glass, concrete, steel, and Venetian plaster. Great office design on the second floor using the galley concept. All offices have glass, shading, and privacy doors.
Part of Planned Development?: Yes

Demographic Statistics

Proximity: 5 miles
Total Population: 16,575
Median Age: 33.47
Households: 5,516


Photograph of Listing Agent

Tim Lopez

KW Commercial CARNM CIE Member
Photograph of Listing Agent

Laurette Partain

KW Commercial CARNM CIE Member
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