Investment Opportunity | 3830 Singer Blvd NE

Industrial for Sale
Catylist Listing ID: 30773548
Property Subtypes: Flex Space, Mixed Use, Net Leased, Office Showroom
Building Size (RSF): 40,718 SF
Gross Building Area: See Agent
Sale Price: $6,995,000
Unit Price: $171.79 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.89%
Last Updated: 11/24/2021

Overview / Comments

Colliers is pleased to bring to market 3830 Singer Blvd NE, an office / flex property located in the North I-25 Corridor submarket of Albuquerque, NM. The property features an attractive and modern façade with private exterior suite access for tenants and a total of five grade-level, drive-in doors. The property is excellently positioned in Albuquerque’s primary business and industrial district, which has the city’s highest daytime population density, and is within a one minute drive time to I-25.

• Multi-tenant office/flex building
• Traffic count of 10,400 VPD on Singer Blvd
• Less than 1/2 mile or 1 minute from I-25.
• Easily accesible with two entry points along Singer Blvd and two along Commons Ave.
• 3-mile daytime population density: 120,245.
• Fenced storage yard along the east property edge.
• Excellent property visibility along Singer Blvd.
• Stable property with 96% occupancy and several long term tenants in place.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North I-25
Tax ID/APN: 101706106448620502
Zoning: NR-BP - Non-residential: Business Park
Highway Access: I-25
Total Number of Buildings: 1
Roof Type: Flat
Parking Ratio: 2.7 (per 1000 SF)
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,957 102,982 309,878
Median Age: 31.59 38.8 38.77
Households: 1,963 45,545 135,501

Contact

Photograph of Listing Agent

Bill Robertson

Colliers CARNM CIE Member
Photograph of Listing Agent

Tom Franchini, CCIM

Colliers CARNM CIE Member
Photograph of Listing Agent

Lori Robertson

Colliers CARNM CIE Member
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