Multi Tenant Industrial/For Sale

Industrial for Sale
Sale Pending
Catylist Listing ID: 30039745
Property Subtypes: Mixed Use
Status: Pending
Building Size (RSF): 39,130 SF
Gross Building Area: See Agent
Gross Land Area: 2.06 Acres
Sale Price: $2,100,000
Unit Price: $53.67 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.36%
Average Occupancy Rate: 100
Last Updated: 6/19/2017

Overview / Comments

First Time Available for sale. Multi tenant Office Warehouse property in the North I-25 Corridor near the intersection of Candelaria and I-25. Below market existing rent rates allow for upside potential. Many of the existing Tenants have been leasing for over 20 years.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North I-25
Zoning: M-1 - Light Manufacturing Zone
Property Located Between: On Girard off of Candelaria, East of I-25
Highway Access: excellent Freeway Access
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Property Condition: Good
Year Built: 1965
Roof Type: Flat
Construction/Siding: Block, Steel Frame
Parking Type: Surface
Parking Description: Ample Shared Surface Parking/ street Parking available
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Evaporative Cooler
Lighting: Fluorescent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,486 134,290 336,018
Median Age: 33.16 37.23 37.81
Households: 4,944 61,530 144,331

Contact

Photograph of Listing Agent

Paul E Cook

SVN - Walt Arnold Commercial Brokerage, Inc.
Photograph of Listing Agent

Patti Peixotto

SVN - Walt Arnold Commercial Brokerage, Inc.

Source

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