Southwestern Style Freestanding Office

Office for Sale
Catylist Listing ID: 30664109
Property Subtypes: Mixed Use, Office Building, Other
Building Size (RSF): 8,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.53 Acres
Sale Price: $995,000
Unit Price: $117.06 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Van Gilbert Architect
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2020

Overview / Comments

2428 Baylor is a freestanding office building located in the Airport Submarket in Albuquerque. Longtime home to Van H. Gilbert Architect, P.C., this beautifully designed southwest-style property is now available for sale or lease. Measuring 8,500 square feet in total, this building features a perfect mix of private offices, conference rooms, open workstations and outdoor patio space for a creative and growing office user. Other features include a TPO roof, 4 combo HVAC units, gated parking on the east side of the building and a large paved parking lot across the street.

This office building is located within minutes from the Albuquerque International Sunport and is a short mile from I-25. With an airport comes airport amenities, so this area is surrounded by great food options and hotels. The business park this property sits in is incredibly active with a mix of office and flex buildings that support the airport and Kirtland Air Force Base directly to the east. With a few recent large office buildings being absorbed in the last quarter, the vacancy rate is getting tight within this submarket.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Airport
Tax ID/APN: 101605508441420229
Zoning: NR-LM - Non-residential: Light Manufacturing
Property Visibility: Fair
Highway Access: 1 Mile from I-25
Airports: Albuquerque International Sunport
Year Built: 1979
Parking Ratio: 4.1 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 35

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,619 83,895 235,254
Median Age: 29.05 35.25 35.88
Households: 3,452 37,867 98,258

Contact

Photograph of Listing Agent

Austin Tidwell

RESOLUT RE CARNM CIE Member
Photograph of Listing Agent

Daniel Kearney

RESOLUT RE CARNM CIE Member
Photograph of Listing Agent

Robert Powell, CCIM

RESOLUT RE CARNM CIE Member
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