8.9% CAP INDUSTRIAL WAREHOUSE FOR SALE
Suite B
Marketing 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.
Cap Rate (Suite B): 9.0%NOI: $110,784 Suite C: Vacant or available for business use - ideal for trades, coatings, fabrication, or flex industrial tenants Optional Business Purchase: The existing eco-friendly concrete coating business currently operating in Suite C may be acquired separately - offering synergistic owner-user potential and immediate operational continuity.
Investment 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
- Suite B: ±9,593 SF – Currently leased to a stable tenant generating $110,784 NOI, representing a 9% CAP Rate.
- Power: 3-Phase, 480-Volt electrical capacity
- Zoning: Industrial / Commercial Flex
- Accessibility: Centrally located with convenient access to I-25, I-40, and the North I-25 industrial submarket
- Parking & Yard: Ample on-site parking and functional loading/ yard areas
- Investment Overview: Cap Rate (Suite B): 9.0%NOI: $110,784
- 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
- 5-Mile Population: 256,247 | Avg HHIncome: $110,168
- Traffc Count: 10,000 VPD at Broadway &McKnight
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
