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33314315
33314344

1621 1st Street Northwest, Albuquerque, NM 87102

Base 5 Retail Partners
Listed by Base 5 Retail Partners
$2,475,000
2 days on market
Updated 2 days ago
Opportunity zone

1621 1st Street Northwest

Details
Property Type Office, Industrial
Square Footage 11,500
Tenancy Multi
Lease Type NNN
Lease Expiration 02/28/2030
Class A
Year Built 2007
Acreage 1.460
Zoning NR-GM
Tenant Credit Credit Rated
Ground Lease No

About This Property

Investment highlights

SALE Details: Property Highlights: Sale Price: $2,475,000 ($215 per SF).

1.4618 Acres.

11,500 Building.

Fortune 25 Company currently leases the South 5,000 SF, existing Lease Expires February 2030.

Approximately 0.77 Acres of Yard Space * (*Contact Broker for Details)••••

5,000-6,500 TOTAL. SF 3,800 SF Warehouse, 1,500 SF Executive Office space on 2nd floor, 2 Private Offices, Conference Room/3 Private Office, Reception Area, Two Bathrooms, and Kitchenette

This property is well-suited for either an owner-user seeking supplemental income or an investor looking to lease the north side while benefiting from stable cash flow from a strong credit tenant. The landlord has pride of ownership and has kept this building in excellent condition. The building was developed in 2007.

Listing Contacts

Base 5 Retail Partners
Listed by Base 5 Retail Partners

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