Professional Office Condominium- Building 4 Suite 401A & B
Office
for Sale
| Catylist Listing ID: |
30708573 |
| Property Subtypes: |
Office Building
|
| Condo? |
Yes |
| Building Size (RSF): |
1,941 SF
|
| Gross Building Area: |
5,040 SF |
| Sale Price: |
$305,000 |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Ladera Del Oeste Business Park |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller, Purchase Money Mortgage |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/21/2021 |
Overview / Comments
|
Professional office condominium for sale in the desirable Ladera Del Oeste Business Park. The subject property is comprised of a separate single-story office condominium unit on the southern 1/3 portion of building 4. Suite 401A & B are 1,941 +/- square feet of gross building area. Each suite is individually metered, with separate entrances, refrigerated air (2 units), 2 separate water heaters, a security system, and all appliances convey. Condos come with a new 115 Mil TPO roof installed in 2019. Perfect location with easy access to I-40 and all parts of Albuquerque. The buildout of condo units was completed in 2014 with an open floor concept, storage areas, separate bathrooms, and plenty of windows that bring in natural light and Sandia mountain views from Suite 401B. Great investment opportunity to operate your business or rent out all or a portion of the building.
|
Additional Details
| Nearest MSA: |
Albuquerque |
| County: |
Bernalillo |
| Submarket/Township: |
West Mesa |
| Tax ID/APN: |
100905949527641601 |
| Is Condo?: |
Yes |
| Zoning: |
NR-C - Non-residential: Commercial |
| Property Located Between: |
Unser and Vista Oriente |
| Property Visibility: |
Excellent |
| Highway Access: |
1 Mile from I-40/Unser Interchange |
| Airports: |
17 Minutes/13.3 Miles to Albuquerque Sunport |
| Site Description: |
Ladera Del Oeste Business Park sits on 3.243 +/- acres with open parking and landscaping in all common areas. |
| Area Description: |
The subject is in Albuquerque, New Mexico’s largest city. The population of the Albuquerque Metropolitan Area was estimated at 907,301 as of July 2015 by the U.S. Bureau of Economic Analysis. The West Mesa Submarket is one of the few growing submarkets in the Albuquerque Metropolitan area. Since 2000 population growth has increased by nearly 36 percent. New projects include a new 330-unit single-family housing community, a Federal Express Distribution center, a Kenworth Truck showroom with a service shop, and in-fill development of retail sites. The subject property is minutes away from the Amazon distribution center and close to restaurants, fast food, and access to I-40. |
| Total Number of Buildings: |
5 |
| Number of Stories: |
1 |
| Year Built: |
2009 |
| Year Renovated: |
2014 |
| Construction/Siding: |
Steel Frame, Stucco |
| Exterior Description: |
5 Buildings have exterior steel frames with stucco finishes with both pitched steel panel roofs and 115 Mil TPO roofs. |
| Parking Type: |
Surface |
| Parking Description: |
Parking Spots: +/- 131
Per 1,000: 6.24 |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
| Zoning Description: |
NR-C (Non-Residential, Commercial Zone) |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
UNIT 1 BUILDING 4 OF LADERA DEL OESTE BUSINESS
PARK CONDOMINIUM TOGETHER WITH AN EQUAL
UNDIVIDED INTEREST IN THE COMMON ELEMENTS |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,660 |
85,390 |
199,444 |
| Median Age: |
31.52 |
33.44 |
34.05 |
| Households: |
6,483 |
31,473 |
72,620 |
|
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