Southwestern Style Freestanding Office

Office for Sale
Sale Pending
Catylist Listing ID: 30664109
Property Subtypes: Mixed Use, Office Building, Other
Status: Pending
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: 9/10/2021

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


Photograph of Listing Agent

Austin Tidwell

Photograph of Listing Agent

Daniel Kearney

Photograph of Listing Agent

Robert Powell, CCIM

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