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34579635
34579634

101d Sun Ave NE, Albuquerque, NM 87109 For Sale

TJ
NM New Mexico 13292, NM NM 13292
Real Estate Advisors LLC
Listed by Real Estate Advisors LLC
$7,250,000
847 days on market
Updated 1 day ago

Albuquerque Square

Details
Property Type Office
Sub Type Traditional Office
Square Footage 36,340
Tenancy Multi
Lease Type NNN
Price per SqFt $200
Class A
Year Built 1995
Buildings 1
Acreage 2.360
Zoning NR-BP
Investment Type Owner/User

Class A office with high-end finishes, backup power, loading area & Sandia Mountain views.

Marketing description

Owner-user opportunity at Albuquerque Square, a Class A office building in the heart of the Journal Center. Acquire the full 2nd floor at 11,588 SF, with existing tenant income from Tricore, Molina Healthcare, and others helping offset your carrying costs from day one.

Albuquerque Square is one of Albuquerque's most recognizable office addresses, known for its iconic curved glass facade and premium construction. The building sits within the 300-acre mixed-use Journal Center at Sun Avenue NE and Jefferson, putting your business steps from restaurants, retail, and hotels.

With strong leasing activity across the building, this is a rare chance to own in a market with clear upside as occupancy climbs. Parking ratio of 3:1000 supports a range of office uses, and the location offers direct access to the amenities and connectivity that make the Journal Center one of the city's top business districts.

Investment highlights

  • Owner-User Opportunity: Full 2nd floor available at 11,588 SF in one of Albuquerque's most recognizable Class A office buildings
  • Existing Income Offset: In-place tenants including Tricore and Molina Healthcare help cover carrying costs immediately
  • Strong Leasing Momentum: Building-wide leasing activity signals near-term upside as occupancy grows
  • Prime Journal Center Location: Situated at Sun Avenue NE and Jefferson within the 300-acre mixed-use Journal Center
  • Class A Construction: Iconic curved glass facade and premium finishes set the building apart
  • Walkable Amenity Base: Direct access to restaurants, retail, hospitality, and multifamily residences
  • Parking: 102 spaces at a 3:1000 ratio, well-suited to a range of office users

Listing Contacts

TJ
NM New Mexico 13292, NM NM 13292
Real Estate Advisors LLC
Listed by Real Estate Advisors LLC

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Additional Information

Name
Tom Jenkins
License
New Mexico 13292
Brokerage Phone
505-539-3200
Title
Qualifying Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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