Northeast Heights Retail/Office

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30328261
Property Subtypes: Office Building, General
Building Size (RSF): 3,326 SF
Gross Building Area: 3,360 SF
Gross Land Area: 0.21 Acres
Sale Price: $330,000
Unit Price: $99.22 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: 12000 Constitution Ave NE
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2019

Overview / Comments

Great opportunity for an owner/user to take advantage of some income for the existing tenants. The property is well maintained, and the owner installed a new roof earlier this year.

The property has been preapproved for a drive-thru user, so it is primed for redevelopment. Please see the attached site plan that shows a potential design for a 2,000 SF building with drive-thru.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Northeast
Tax ID/APN: 1 022 015 017 266 31210
Zoning: MX-L - Mixed-use: Low Intensity
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,947 146,999 255,428
Median Age: 37.39 38.82 39.62
Households: 10,772 62,839 113,908


Photograph of Listing Agent

Stacey Nenninger

Argus Investment Realty CARNM CIE Member
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