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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