Investment Opportunity in the NE Heights

Office for Sale
Catylist Listing ID: 30131012
Property Subtypes: Office Building
Building Size (RSF): 13,973 SF
Gross Building Area: See Agent
Sale Price: $1,685,000
Unit Price: $120.59 PSF
Property Use Type: Investment
Building Name: Buildings C and F
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 7.77%
Last Updated: 4/21/2019

Overview / Comments

Ideal for an Owner User/Investor
Recent major renovations
Fantastic visibility
Located directly across from the Albuquerque Academy
Professional tenant mix
Highly desired NE Heights location
Priced below replacement value

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Far Northeast
Tax ID/APN: ABQ39956
Zoning: MX-L - Mixed-use: Low Intensity
Property Located Between: Academy Rd. NE and San Antonio Dr. NE
Property Visibility: Excellent
Total Number of Buildings: 2
Roof Type: Other
Parking Type: Surface
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,937 140,718 263,652
Median Age: 41.17 40.27 40.41
Households: 7,824 61,835 116,330


Photograph of Listing Agent

Ed Anlian, CCIM

Colliers International CARNM CIE Member
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