Listed by Berkshire Hathaway New Mexico Commercial Division
$9/SF/YR
Centrally Located Warehouse with Heavy Power and Docks
Building Details
Property Type Industrial
Sub Type Manufacturing, Warehouse
Tenancy Multiple
Lease Type NNN
Class C
Total Building SqFt 15,420
Min Divisible SqFt 5,827
Max Contiguous SqFt 9,593
Vacant SqFt 15,420
Ceiling Height 16
Dock High Doors 4
Loading Docks 4
Total Parking Spaces Ample on-site parking
Spaces
Suite A – 8,096 SF
Price: $874,368 ($108/SF)
Ideal for Owner-User or Investment
$9.00/SF + NNN – Immediate Occupancy
Key Highlights:
Excellent Access to Major Interstates
Shared Yard & Parking Space: 26,114 SF
Ceiling Height: 16’ Clear
Electrical: 3-Phase, 480 Volt
Loading: Dock-High & Box Truck Access
Roll-Up Doors: 10’x12’ in Each Suite
5-Mile Population: 256,247 | Avg HH Income: $110,168
Traffic Count: 10,000 VPD at Broadway & McKnight
Industrial | 1 space available | 5,827 SqFt - 9,593 SqFt
Building description
1823 Commercial St NE presents a rare opportunity to acquire a high-performing industrial/flex property offering both stable cash flow and user potential in one of Albuquerque's most accessible industrial corridors.This two-suite asset combines tumnkey income with owner-occupant flexibility - ideal for investors, trades, or specialty operators seeking quality space with power, functionality, and growth potential.
Building highlights
- Total Building Size: ±15,420 SF
- Suite B: ±9,593 SF - Currently leased to a stable tenant generating $110,784 NOI, representing a 9% CAP Rate.
- Suite C: ±5,827 SF - Vacant at closing or available for owner- occupancy. Currently improved and operating as a concrete coating business. Perfect for a user-buyer or additional lease- up opportunity.
- Power: 3-Phase, 480-Volt electrical capacity Zoning: Industrial / Commercial Flex (verify with city)
- Accessibility: Centrally located with convenient access to I-25,
- 1-40, and the North I-25 industrial submarket
- Parking & Yard: Ample on-site parking and functional loading/ yard areas
- 13.94% ROI Business Plus
Listing Contacts
Listed by Berkshire Hathaway New Mexico Commercial Division
Property History
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