Comanche Place Office Condo

Office for Sale
Catylist Listing ID: 30748858
Property Subtypes: Net Leased, Office Building
Condo? Yes
Building Size (RSF): 3,007 SF
Sale Price: $425,000
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Montrose Environmental Group
Class of Space: Class B
Usable Size (USF): 3,007 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2021

Overview / Comments

The current tenant lease expires on June 30, 2023. The tenant may continue with occupancy depending on the Buyer's needs. No options remain on the master lease.

Building part of HOA managed by Lux Properties. Monthly CAM/Condo/HOA fees are estimated at $291/month.
New roof completed in 2021
New HVAC and split unit added in 2020

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North I-25
Taxing Authority: Bernalillo
Tax ID/APN: 101606047224541207
Is Condo?: Yes
Zoning: MX-T - Mixed-use: Transition

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,326 128,988 353,795
Median Age: 33.87 38.17 37.97
Households: 5,848 57,717 152,807
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