Free Standing-Building

Office for Sale
Catylist Listing ID: 30273864
Property Subtypes: Medical, Flex Space, Office Building
Building Size (RSF): 12,449 SF
Gross Building Area: See Agent
Gross Land Area: 3.19 Acres
Sale Price: $1,370,000
Unit Price: $110.05 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class C
Sale Terms: Cash to Seller
Last Updated: 11/16/2020

Overview / Comments

Colliers International is pleased to exclusively offer for sale this Owner/User or Repurpose Opportunity. Excellent Rio Bravo frontage with both building and monument signage available. The property will continue to receive triple net (NNN) rental income until November 2020. The brick building was originally built for Lovelace (now Optum) in 1992 and had several renovations and name changes over the years.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Tax ID/APN: 69493
Zoning: M-2 - Heavy Manufacturing Zone
Property Located Between: 2nd Street and Broadway Blvd
Property Visibility: Excellent
Highway Access: I-25
Airports: Sunport
Total Number of Buildings: 1
Year Built: 1992
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,633 39,746 183,325
Median Age: 34.68 33.5 33.18
Households: 463 13,771 69,826


Photograph of Listing Agent

John R Ransom

Colliers International CARNM CIE Member
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