729 San Mateo NE

Office for Sale
Catylist Listing ID: 28853669
Property Subtypes: Office Building
Building Size (RSF): 1,628 SF
Gross Land Area: 7,100 SF
Sale Price: $179,500
Unit Price: $110.26 PSF
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 4/16/2018

Overview / Comments

This property has now been leased for three years. At the current rent the cap rate works out to be 7%.
This is a very nice freestanding office building located on San Mateo just south of Lomas Blvd on the west side of the street. It has beautiful wood floors, new roof, new HVAC, good paved parking behind it and great visibility in an easily identifiable location make this perfect for an owner/user.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: ABQ137172
Market Type: Mega
Property Located Between: San Mateo & Lomas
Road Type: Paved
Property Visibility: Excellent
Transportation: Bus
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,628 SF
Roof Type: Other
Parking Description: Rear of building
Heat Source: Other
Air Conditioning: Package Unit
Zoning Description: C-1 City
Legal Description: Lot 17, Block 4, Heights Reservoir Addition, Tract 21

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,011 140,299 315,887
Median Age: 40.84 36.07 37.59
Households: 7,555 62,275 139,242


Photograph of Listing Agent

Daniel John Hernandez

Berger Briggs RE - Insurance CARNM CIE Member
Photograph of Listing Agent

James G Schneider

Berger Briggs RE - Insurance CARNM CIE Member
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