Skyview Office Building | Investment Opportunity

Office for Sale
Catylist Listing ID: 30335536
Property Subtypes: Office Building
Building Size (RSF): 12,928 SF
Gross Building Area: See Agent
Gross Land Area: 1.46 Acres
Sale Price: $1,050,000
Unit Price: $81.22 PSF
Property Use Type: Investment
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/17/2019

Overview / Comments

Marcus & Millichap is pleased to exclusively offer for sale an irreplaceable Northeast Heights landmark property in Albuquerque’s dense and affluent 4 Hills neighborhood. Constructed in 1987, the Skyview Office Building is situated at the intersection of Tramway & Indian School serving thousands of rooftops, with visibility to nearly 36,000 cars per day. This bustling intersection is adjacent to CVS, and across from Walgreen’s, United Artists High Ridge Theater, and Hinkle Family Fun Center, one of Albuquerque’s most frequented attractions. It is also a short six minute drive to Interstate 40, the city’s primary East/West thoroughfare.

This former bank, while currently vacant, is a high-quality office building that may be repurposed for a variety of uses.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Northeast
Tax ID/APN: ABQ213426

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,669 110,697 232,119
Median Age: 41.53 39.96 40.03
Households: 8,281 48,417 102,744

Contact

Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
Photograph of Listing Agent

Michael W Reneau

Marcus & Millichap CARNM CIE Member
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