Catylist ID:
#29751684
| Catylist Listing ID: | 29751684 |
| Property Subtypes: | Business Park, Executive Suites, Office Building |
| Building Size (RSF): | 7,120 SF |
| Gross Land Area: | 0.22 Acres |
| Sale Price: | $725,000 |
| Unit Price: | $101.83 PSF |
| Property Use Type: | Investment, Business |
| Class of Space: | Class B |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.2% |
| Last Updated: | 4/16/2018 |
Overview / Comments
|
Office Investment Opportunity SALE PRICE: $725,000 BUILDING: ±7,120 SF LOT SIZE: ±.22 Acres (±9,510 SF) BENEFITS: • 100% Occupied Office Suites • Priced well below replacement value • Solid rental history • Private outdoor patios • 5:1,000 parking ratio on site • Centrally located with easy access to I-25 • Current NOI $61,074 • Part of planned office development with association fee • Common area conference room • Zoned O-1 |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Bernalillo |
| Submarket/Township: | North I-25 |
| Taxing Authority: | Bernalillo |
| Tax ID/APN: | ABQ73256 |
| Zoning: | O-1 - Office and Institution Zone |
| Construction/Siding: | Block |
| Heat Type: | Electricity |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 13,326 | 127,168 | 353,795 |
| Median Age: | 33.87 | 38.28 | 37.97 |
| Households: | 5,848 | 57,038 | 152,807 |
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