312 Florida For Sale

Industrial for Sale
Catylist Listing ID: 30666860
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Net Leased, Research & Development, Warehouse/Distribution
Building Size (RSF): 10,000 SF
Gross Land Area: 0.50 Acres
Sale Price: $500,000
Unit Price: $50 PSF
Ceiling: 12 ft. Clear
Drive In Bays: 3 Bays
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: 312 Florida St SE
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Other
Cap Rate: 8.4%
Average Occupancy Rate: 100
Last Updated: 5/12/2022

Overview / Comments

Zoned NR-C this property is currently on a new 3 year lease with lease expiring 7/31/2024. Tenant is an event center that has been a long term tenant for this owner. Building has fenced parking.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Tax ID/APN: 101805741003340513
Zoning: NR-C - Non-residential: Commercial
Property Located Between: Central & Zuni
Area Description: Area is an older industrial area with many buildings owner occupied. Some apartments within a few blocks as well.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1950
Year Renovated: 2007
Roof Type: Flat
Construction/Siding: Other
Parking Type: Surface
Parking Description: Fenced surface parking
Sprinklers: Wet
Heat Type: Propane
Air Conditioning: Evaporative Cooler, Package Unit
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: NR-C is light manufacturing, warehousing and Retail
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,471 128,438 286,373
Median Age: 34.31 36.32 37.3
Households: 10,620 56,160 126,438


Photograph of Listing Agent

Richard Hanna

Hanna Commercial, LLC CARNM CIE Member
Photograph of Listing Agent

Kristi McNair

Hanna Commercial, LLC CARNM CIE Member
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