New Mexico Commercial Real Estate

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Land for Sale

Albuquerque, NM 87120

All utilities to property lines

Office, retail, and industrial uses

High-traffic, fast-growing area

Great access from Unser Blvd.

Just 1 mile from I-40

Underserved area

Strong national co-tenants

Space for Sale

Albuquerque, NM 87108

6 Fourplexes (contiguous)

Gated Community

All 2 Br units

Improvable rents

Near Nob Hill Restaurants

Adjacent to A.R.T line (Albuquerque Rapid Transit)

On bike path to Univ of NM and Regional Hospitals

Office for Sale

Albuquerque, NM 87102

? Single-Tenant Absolute NNN Ground Lease

? Low Price-Point

? Long-Term Lease

- Approximately 20 years of remaining term

? Annual rent adjustments

? Absolute NNN Ground Lease

- Passive investment

- No landlord responsibilities

? Premier location

? Visibility and access from Lomas Blvd NE via Interstate 25 Exit

? Irreplaceable real estate

? Located at Interstate 25 Exit

? Convenient to all of Albuquerque at intersection of Interstate 40 & Interstate 25

? Significant traffic counts

- Lomas Blvd.: Over 28,000 vehicles per day

- Interstate 25: Over 146,000 vehicles per day

Office for Lease

Albuquerque, NM 87111

Newly renovated, modern office space.

New roof, HVAC, Paint, Bathrooms, Tile, Beautiful Wood Floors

• 7 Offices, 2 Oversize Offices

• 3 Conference Rooms

• 2 Restrooms

• Kitchen Area

• Bullpen Area

Office for Sale

Santa Fe, NM 87501

Sale Price: $749,000

Available:

- Front Building: ±1,379 SF

- Back Building: ±1,500 SF

Total: ±2,879 SF

Land: ±0.08 Acres

Property Highlights

- Close proximity to District Courthouse and state offices

- Perfect for professional office, shortterm rental, restaurant or gallery

- Quality construction

- Efficient floor plan

- Two buildings with office layout

- Off-street parking

- Easy access

- Walking distance to downtown

- Zoning: BCD

Office for Sale

Las Cruces, NM 88001

This property was built for the current owner. No expense was spared. The construction is 2 X 6 and well insulated. The building does have solar already installed. The building has 5 treatment rooms, a lounge for employees, its own operating room if needed, and large customer waiting room, and a front office area to greet all your clients. It also has its own radiology room for reading x-rays or taking x-rays. With over 2524 square feet of total space, this office will meet all your needs. The solar is that is installed requires no utility bills.

Office for Lease

Albuquerque, NM 87111

• Only ONE SPACE AVAILABLE in this Professional medical plaza serving the NM market since the early 1980's, current suite is built out as a Medical Lab and has provided LAB services to the medical plaza Physicians and surrounding community. This opportunity would be a value added asset to any healthcare professional looking to locate with a successful healthcare professional referral avenue.

• Great location for professional offices, Healthcare, dental or medical users, with frontage on Eubank, this professional Medical complex offers tremendous visibility, signage and easy access to the building.

• Plenty of on-site parking available, great visibility on Eubank with a daily traffic count of +/- 30,300 CPD.

• Perfect for Lab-blood draw station, private practice, professional office or Healthcare related business.

• See attached demographic report for market information and trends.

• Sublease in place until April 30, 2023.

• Owner will consider new lease with new terms.

• Contact April to discuss all options.

Space for Sale

Albuquerque, NM 87111

• Excellent Far Northeast Heights Submarket Location

• Recently Remodeled 2007-2008

• Potential Redevelopment Opportunity

• Suitable for Many Uses (Multi-Family / Residential, Charter School,

Senior Living, Medical, Fitness, Non-Profit, Church)

• Rare Infill Location With Strong Demographic Base

Land for Sale

Farmington, NM 87401

Former Motor Bank and 1.32 acres, 101 East Broadway Avenue, Farmington, NM 87401.Freestanding building, including a, full block of land at a signalized intersection at Orchard & Broadway

Building configured with staff area, one restroom, vault, and additional equipment..

Drive-up lane lanes and current ATM

Great location for any professional, retail or office use.

Restriction on financial institution use.

Currently there are closed drive-up lanes, with one adjacent to the building. Most of the equipment, including drawer will remain.

There is a single drive-up ATM in operation. It is anticipated that it will be relocated prior to closing. It is the current desire of the owner to lease back an agreed location for an ATM.

Call Listing Office regarding closing costs, restrictions, the ATM, and other important information.

Retail for Lease

Santa Fe, NM 87505

Great space and location directly across from Starbucks at "Main & Main." Perfect for retail or office at the corner of Cerrillos Road and St. Francis Drive, between the Baca and downtown Railyard Districts, adjacent to the new underground St. Francis Pedestrian Crossing. Plenty of parking, excellent signage, professional property management and well designed, functional space. Would be suitable for many uses -- retail or office or something in-between.

Office, exam rooms or retail on side of building away from St. Francis Drive

Space for Sale

Los Ranchos de Albuquerque, NM 87107

Seller is accepting backup offers.

New Mexico Apartment Advisors and Deacon Property Services are proud to bring this charming

courtyard style apartment community to market. Nestled in the greenery of the Village of Los Ranchos, the El Pueblo apartments are steps away from the historic Camino Real, and the original route of Route 66, now known as the newly renovated 4th street corridor (see page 7 for details).

All the bones are in place on this one. Held in the same family for over four decades, this is a once in a lifetime chance to own such a straight-forward value add investment property in Albuquerque's lush north valley.

Located at 354-358 Pueblo Solano NW, which is walking distance to shops, restaurants and retail, this courtyard community is situated on a large parcel of land with a beautifully landscaped courtyard area, covered parking w/ bonus storage, and plenty of room for additional private yard spaces for every unit. All units offer solid surface flooring, thermal windows, and pragmatic floor plans with plenty of room to maximize amenities.

This property offers unmatched potential. Increase current rents to market rates and enjoy a fantastic return on a well-maintained property or, upgrade the units at your leisure and easily push rents to the top of the market and beyond.

Based on current increases the ask price of $688,354, and an average rent of $542, the measure of investment performance include a GRM of 11.77, a CAP rate of 5.29% before reserves, a price per unit of $76,484, a price per square foot of $158.46, a before tax IRR of 19.7% and an after tax IRR of 16.3%.

Flyer, Property info and APOD at http://www.nmapartment.com/apt/NMAA-PuebloSolano354nw.pdf

Do not miss out – this is a once in a generation opportunity to own a high quality value add property in the Village.

Office for Lease

Los Lunas, NM 87031

Nice multiple office suite. Rent is $850/Mo full service. Tenant is responsible for Janitorial services. Includes 2 shared Bathrooms. 2 generously sized offices that could hold multiple desks, room for a private reception area. Another 3rd office space is available for an added cost of $150/Mo.

Utilities, Century Link Wi-fi services are included. The owner will consider paint and new carpet for a 3 year lease. Perfect for an attorney that would like to be close to the County jail. Within walking distance of the Rail Runner station, easy commute to and from Albuquerque. Shared office next door to Madrid Bail Bonds.

Monument signage would be at the tenants expense. Room for up to 4 cars.

Space for Sale

Albuquerque, NM 87106

New to the market – 306 Stanford SE – NM Apartment Advisors and Deacon Property Services is excited to bring this house+duplex in the UNM area to market.

This is an extremely rare opportunity to own an updated, contemporary triplex just 3 blocks to UNM. Beautiful, totally rehabilitated 3 Bed 2 Bath Main house with a totally remodeled duplex tucked away in the back. The main house features gleaming refinished hardwood floors and updated fixtures and finishes throughout. Eat-in cook's kitchen boasts new quality cabinets, granite counters, and a full appliance package - including dishwasher and microwave hood. Both bathrooms are also nicely updated with new tile shower surrounds (all the way to the ceiling for easy maintenance), new tile floors, and upgraded modern fixtures. Pragmatic floor plan separates the third bedroom for optimum privacy and offers a large laundry room for additional storage and a front loader washer / dryer set. Easy walk down basement is semi-finished and provides great utility space and additional storage with easy access to all mechanical systems. With thermal windows and a refrigerated air / forced central heating system, you or your tenants will also enjoy optimum climate control.

The duplex offers two unique and similarly updated units. Unit A is a studio with a large and flexible living area, smart closet space, a spacious full bath, and an updated kitchen area with subway tile surround. Unit B is a 1 bedroom with a remodeled kitchen and a large bedroom with an en-suite bath. Both units are separately metered, have beautiful refinished wood floors, lovely custom tile work, and modern fixtures and finishes throughout.

With roofs just replaced on all units in the fall of 2020, this buttoned-up property is the rare chance you’ve been looking for to purchase a UNM area character property that is already completely rehabilitated.

Starting Ask Price is $325,000, with an average rent of $823, measures of investment performance include a GRM of 10.96, a before reserves cap rate of 5.30% and an after tax Internal Rate of Return (IRR) of 19.30%. If rents are raised to market of $942, measures of investment performance improve to a GRM of 9.59 cap rate of 6.80%.

24 page flyer can be found at http://www.nmapartment.com/apt/NMAA-Stanford306SE.pdf

Stay safe and stay home – enjoy the virtual tours:

Main House- www.nmapartment.com/stanford3d1

Apartment A- www.nmapartment.com/stanford3d2

Apartment B- www.nmapartment.com/stanford3d3

Register for additional information at http://www.nmapartment.com/stanford306

University area triplexes generally sell fast to parents of University students – do not wait on this one!

Retail for Sale

Albuquerque, NM 87108

Restaurant ready building.

Maintained grounds and amenities for outdoor venue.

1.31 Acres of MX-T land.

Nob Hill/Highland CPO- 8:4

One of largest tracts available in area.

Property can also be leased.

Retail for Sale

Albuquerque, NM 87108

Automotive Property. Currently $6,500 monthly income on short term agreements. Property is available with or without tenants. Combination office and work space. Property is available as in with or without existing equipment. Centralized compressed air system, auto painting booths, standard and RV garage doors, extra parking and several automotive lifts.

Office for Lease

Albuquerque, NM 87112

1701 Moon St NE is located close to Wyoming and Indian School Rd NE with close access to I-40.

This office space was previously used as medical offices. There is a reception area with ample waiting room space and a long hallway of 8 office spaces with lots of storage and 2 bathrooms. It is a versatile space with great flow allowing a functional working environment.

This building provides great medical office opportunities or can possibly be adapted to a variety of office layout flows for any business headquarter needs.

This space has been used as medical space for the past 10 years, reception area, 4 procedure rooms, office, and water in the rooms. Additional can be joined by adding unit 200, or to the south 350 SF plus an additional bathroom.

Office for Lease

Albuquerque, NM 87120

Property Highlights

Ideal location with easy access to I-40 and all parts of the city

7 offices, reception, conference, break room, bullpen & 2 restrooms

Building is 12-years young

A plethora of ameneties nearby including restaurants, shopping, storage

Excellent visibility at corner of Vista Oeste & Vista Oriente

Beautfiul landscaping in quiet campus setting

Stacked-stone receptionist desk

Security system

Windows galore

Mountain views

Exterior patio

$3,900/Mo. + $2.03/SF Condo Fee Condo fee includes exterior lighting/water, refuse, landscaping, roof, stucco, insurance, parking lot & reserves

Retail for Lease

Santa Fe, NM 87501

Lease Rate: $5,500.00/Mo. + NNN

Available: Space: ±1,338 SF

Zoning: BCD

Property Highlights

- Located in high foot traffic area

- Across the street from the Sandoval Parking Lot

- Walking distance from the Plaza, State Capitol, convention center and Lensic Performing Art Center

- Surrounded by hotels, galleries, banks, retail shops and restaurants

- Recently remodeled

- Off-street parking

Retail for Lease

Belen, NM 87002

Office for Lease

Las Cruces, NM 88011

Full Service includes: electric, gas, water, common area maintenance

Surrounded by many retails, medical, and professional of?ce users

Daily janitorial service

On-site management

View of Organ Mountains 

Common break room available 

Abundant off street parking 

Close proximity to Mesilla Valley Mall, Five Guys, Starbuck and many more

Rentable SF: +/-1,236 SF

Retail for Sale

Carlsbad, NM 88220

Property Features:

• Building Size: 5,400 SF

• NOI: $150,000.00

• CAP Rate: 6%

• Lease Type: NNN

• New Construction

• Strong Tenant Mix

• Central Location- Fronts Canal St. and Greene St.

• VPD: 10,356 on Canal St. | 17,346 on W. Greene St.

Additional Information:

Two Tenant NNN investment opportunity located at a key intersection in Carlsbad, NM. The leases in place provide for little to no landlord involvement during the primary term of the leases. The investment property can be easily managed from outside the area and the newly constructed building should provide for little maintenance for the foreseeable future.

Industrial for Sale

Rio Rancho, NM 87124

Commercial Warehouse Complex Zoned C-2 sits on 1 acre. Super clean, simple maintenance and low operating expenses. All units have individually metered electric and gas. Units are heated and cooled and include overhead lighting, drive in bay doors and bathrooms. The property adjacent 1534 Stephanie is listed for sale. Both properties can be purchased individual or sold as a package. Contact listing office for details and see listing number 30653587 for details on the other listed property.

Space for Sale

Albuquerque, NM 87106

Bart Prince architecture in an apartment. Welcome to 1605 Coal SE a one of a kind gem with frontage on the recently upgraded Coal/Lead Corridor. Sandwiched between the UNM and CNM campuses at 1605 Coal SE, this gated community contains extraordinary large units and the potential for expansion.

NM Apartment Advisors Inc and Deacon Property Services is honored to list this once in a decade opportunity to own a unique architectural masterpiece with value add potential.

The property is walking distance to UNM and CNM, and has good walk (73), bike (82), and transit (48) scores. (Did you know, market trends demonstrate that high walk, bike or transit scores translate to 25% higher rents).

These are not your average UNM area apartments - each residence lives and feels like its own individual home. The residents of this compound enjoy secured gated parking, a convenient common laundry room, very private backyards, and outdoor living areas. There’s also a bonus 1,300 sf detached casita / storage building, which has the makings for an awesome and spacious 5th unit or as an additional unit, storage, garage, workshop, or art studio.

This is a once a generation investment offering to own a well-located value add property.

At the ask price of $521,126 and an average rent of $1,103 the measure of investment performance include a GRM of 10.83, a CAP rate of 5.35%, a price per unit of $131,532, a price per square foot of $128.32 and an after-tax IRR of 14.60%.

If the average rent is raised to market of $1,160 and the 5th unit is brought online, measures of investment performance improve to a GRM of 7.56, and a Cap rate of 8.85%.

12 page property flyer with APOD, rents, expenses, floorplans, inspections, photos and more at www.nmapartment.com/apt/NMAA-Coal1605SE.pdf

Do not wait as this listing will not be on the market long

Industrial for Sale

Rio Rancho, NM 87124

Commercial Warehouse Complex Zoned C-2 sits on 1 acre. Super clean, simple maintenance and low operating expenses. All units have individually metered electric and gas. Units are heated and cooled and include overhead lighting, drive in bay doors and bathrooms. The property adjacent 1542 Stephanie is listed for sale. Both properties can be purchased individual or sold as a package. Contact listing office for details and see listing number 30653731 for details on the other listed property.

Land for Sale

Albuquerque, NM 87120

Coors Pavilion is on the West Mesa in a vibrant trade area. It's location is on Coors Blvd with a VPD of 46,000+ per day. It has excellent visibility and easy access egress/ingress on a signalized corner. Currently has national and local franchisees: including Chick-fil-a, Starbucks, Veriizon,The Learning Experience and Panera Bread. Local Franchisees: Blake's Lotaburger, Scarpas, and Kirtland's Federal Credit Union. A variety lots sizes are available.

Land for Sale

Rio Rancho, NM 87124

Signalized corner with exceptional visibility on Unser Blvd. and Abrazo Rd.

Over 450’ of frontage on Unser Blvd., a major Rio Rancho arterial

Large land for multiple buildings

Growing residential area with over 1,770 single-family homes in 12 master planned communities currently in development or in the pipeline in the trade area

Caters large trade area - the property serves Bernalillo, Corrales, Placitas, Rio Rancho, Algodones, 7 Pueblos and Albuquerque

Retail for Lease

Las Cruces, NM 88011

Only Regional Mall in the Southern half of NM

Las Cruces is the second largest city in the state

Excellent visibility from I-25, Telshor Blvd, and Lohman Ave.

Anchored by JC Penny, Dillard's, Conn's, and Barnes and Noble

Current tenants include: H&M, Buckle, Rue 21, Hibbett Sports, Journey's, Express, Zumiez, Foot Locker, Bath & Body Works, Ulta, Claire's, Torrid, Children's Place, Hollister, Hot Topic, Chick Fil A, Yogo Berry and Boba Tea.

Industrial for Lease

Rio Rancho, NM 87124

The property has 3-Phase power and a fire suppression system.

Each unit has:

- 20'-22' clear ceiling height

- 14' drive-in door

- ADA restroom

- sewer drain in floor

Property is under construction, with anticipated delivery in December, 2020.

Industrial for Lease

Albuquerque, NM 87107

8 dock high doors

Ramp with 14x14 door

26’7” - 27’7” Ceiling Height

26’ - 29’ Column Spacing

3-Phase Heavy Power

800 amp / 208 volt

Secured yard

Breakroom

Fully Sprinkled

Motion sensing alarm

Space for Sale

Albuquerque, NM 87108

The $200,000 plus renovation is complete and the rents have been raised to provide an investment opportunity that provides a great return without the cash demand of updating. All of the units have been remodeled, which includes laminate and tile floors. Appliances are new, bathrooms are updated along with lighting, paint, doors, window coverings. Other updates include new evaporative coolers, many new hot water heaters, laundry room with coin-operated dryers and washers and surveillance, fire escapes for 2nd story units, recent roof, resurfaced parking lot and wrought iron security fence and gate. There is also plenty of room in the back of lot to add storage units for additional income. Most tenants are long-term. Electric and gas are separately metered. Hard to find a multi-plex like this one.

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