5115 Copper Ave NE/ 203-207 Truman St NE

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30048900
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 8,015 SF
Gross Land Area: 0.30 Acres
Sale Price: $585,000
Unit Price: $72.99 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: 12.0%
Last Updated: 6/24/2019

Overview / Comments

> Newly remodeled office building in the heart of the city
> Great location in east Nob Hill - Minutes from I-40 - One block from new ART transit
> 100% leased
- Tenant #1 (6,515 SF) - Thru 1/31/2022
- Tenant #2 (1,500 SF) - Month-to-Month (can be used by new owner if needed)
> Remodeled in 2016-2018 including:
- New roof
- New windows
- New restroom fixtures
- New landscaping
- Addition of ADA restroom and shower
> New signage

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: University
Tax ID/APN: ABQ145540
Zoning: MX-L - Mixed-use: Low Intensity
Property Located Between: Located on the corner of Copper Ave and San Mateo Blvd
Property Visibility: Good
Highway Access: I-40
Airports: Sunport
Total Number of Buildings: 1
Number of Stories: 1
Year Renovated: 2016
Roof Type: Flat
Parking Type: Surface
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,178 131,399 310,347
Median Age: 40.52 35.97 37.3
Households: 9,455 58,700 136,600


Photograph of Listing Agent

Anne E Apicella

Colliers International CARNM CIE Member
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