Freestanding Office/Retail building

Office for Sale
Catylist Listing ID: 30795293
Property Subtypes: Executive Suites, Coworking, Medical, Office Building
Building Size (RSF): 7,040 SF
Gross Land Area: 0.43 Acres
Sale Price: $939,000
Unit Price: $133.38 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments

-Freestanding office/retail building in NE Heights location.
-Excellent access and visibility from Menaul Blvd.
-Adequate parking in front and rear of building.
-Refrigerated air conditioning.
-High ceilings with lots of natural light.
-Multiple restrooms and break areas with sinks.
-Functional garden level area with kitchen and bathroom.
-Building is designed with flexibility to accommodate multiple tenants/users
-Zoning suitable for cannabis uses
-CenturyLink and Comcast Service available to building
-Owner will consider subdividing and selling off a portion of the building.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Northeast
Taxing Authority: Bernalillo County
Tax ID/APN: 102205903728820101
Zoning: MX-L - Mixed-use: Low Intensity
Property Located Between: Tramway Blvd and Juan Tabo Blvd
Property Visibility: Excellent
Highway Access: Easy access to Tramway Blvd NE (NM State Rd 556)
Airports: Albuquerque International Sunport
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1980
Roof Type: Gable
Construction/Siding: Brick
Parking Ratio: 3.6 (per 1000 SF)
Parking Type: Surface
Total Parking Spaces: 25
Sprinklers: None
Air Conditioning: Package Unit
Internet Access: Cable, DSL
Zoning Description: MX-L - The purpose of the MX-L zone district is to provide for neighborhood-scale convenience shopping needs, primarily at the corners of collector intersections. Primary land uses include non-destination retail and commercial uses, as well as townhouses, low-density multi-family residential dwellings, and civic and institutional uses to serve the surrounding area, with taller, multi-story buildings encouraged in Centers and Corridors.
Lot Frontage: 136'
Lot Depth: 130'
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee simple

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,566 151,372 277,866
Median Age: 39.31 39.56 39.93
Households: 10,721 66,406 123,072


Photograph of Listing Agent

John R Ransom

Colliers CARNM CIE Member
Photograph of Listing Agent

Tim With

Colliers CARNM CIE Member
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