Listed by Metro Commercial
$4,300,000
Midtown Center
Details
Property Type Office
Sub Type Traditional Office
Square Footage 59,628
Units 329
Tenancy Vacant
Class B
Year Built 1970
Buildings 2
Acreage 4.890
Zoning NR-C
For Sale or Lease - Office building with incredible visibility and access!
Marketing description
- Professional office park property with incredible visibility and access.
- Current configuration consists of medical exam/clinic rooms 7-8, private office 80±, multiple conference rooms, 2 classrooms (seating for 30 & 70), large open work areas (115 to 135± work-stations), and multiple kitchen/break areas.
- Professionally maintained buildings with common courtyard and covered parking.
- Excess land of approximately 1.67 ± acres with potential for an additional 20,000 ± sf of improvements. Buyer to confirm use potential with the City of Albuquerque.
Investment highlights
PRICE: $4,300,000 or $72 ± /sf
RATE: $17.00/sf Full - service
SIZE: 59,628 ± sf (2 buildings – 29,814 ± sf each)
PARKING: 5.5:1,000 sf – 329 ± ( 30 ± covered)
ACREAGE: 4.8915 ± acres (3 separately platted lots)
ZONING: NR-C (Non – Residential Commercial) City of Albuquerque
BILLBOARD INCOME: Long term lease to Clear Channel Outdoor included
with the sale, providing reliable passive income (ROFR - see broker for details)
Listing Contacts
Listed by Metro Commercial
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