North I25 Industrial - Opportunity Zone NN Investment/Owner User

Industrial for Sale
Catylist Listing ID: 30709070
Property Subtypes: Light Industrial, Net Leased, Office Showroom, Warehouse/Distribution
Building Size (RSF): 15,906 SF
Gross Land Area: 1.04 Acres
Sale Price: $1,750,000
Unit Price: $110.02 PSF
Ceiling: 21 ft. / 18 ft. Clear
Docks/Doors: 2 Docks
Drive In Bays: 3 Bays
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Building Name: Dalkia Energy
Usable Size (USF): 15,906 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/10/2021

Overview / Comments

NN National Tenant occupying 78% of the building on a 10-year term.
The balance of the space is 3,421 available for lease or owner/user.

2020 verified NOI $104,750

Anchor tenant lease renews October 2027 with a 5-year option.
NN lease with Landlord assuming roof and mechanical costs

APOD, financials, and site tours available with acceptable LOI.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North I-25
Taxing Authority: Bernalillo
Tax ID/APN: 101606022833720249
Zoning: NR-LM - Non-residential: Light Manufacturing
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,190 122,281 339,508
Median Age: 32.13 38.37 37.96
Households: 3,358 54,778 145,540
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