Albuquerque, NM Property For Sale and Lease

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Multi-Family for Sale

Albuquerque, NM 87108

Did you know that the average fourplex sales price of $322,844 reflects an appreciation of 31% between 2020 to 2021? Or that 25% of the fourplex market is in product that sold for more than $400,000? Or that fourplexes in Q1-2022 appreciated an additional 12%?

On behalf of the owners, NM Apartment Advisors is excited to bring to market to purchase recently renovated 12-plex that consists of three side fourplexes at 308, 312 and 320 Charleston NE.

The sellers are open to selling the property as 12 units, or three fourplexes under the following price schedule:

308 Charleston NE -$363,253 - $777 rents – 9.74 GRM – 5.46% before reserves Cap rate - 14.90% after tax IRR

312 Charleston NE -$324,969 - $722 rents – 9.38 GRM – 5.49% before reserves Cap rate - 15.20% after tax IRR

320 Charleston NE -$249,757 - $660 rents – 7.88 GRM – 5.57% before reserves Cap rate - 16.40% after tax IRR

At the combined price is $937,979, and at the current average rent of $719, the metrics of performance include a price per unit of $78,165, price per square foot of $124.04, a GRM of 9.05, a before reserves cap rate of 5.72% and an after tax IRR of 13.80%. If rents are raised to market of $835, the metrics improve to a before reserves cap rate of 7.05% and a cash on cash of 7.73%.

Pricing is based on income and renovations. Seven units have been upgraded, three units have had minor upgrades. All 12 units are one bedroom one bathroom. This 12-plex is located in an area of that has had major announcements of new employment and new investment from the City of Albuquerque.

The fourplexes can be bought individually or together as they sit on their own individual lots.

308 Charleston SE has the highest income (average rents of $777) and at the ask price of $363,253 the measures of investment performance include a GRM of 9.74, a before reserves cap rate of 5.46% and an after tax IRR of 14.90%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 5.88%, and cash on cash of 5.34%

312 Charleston SE has slightly lower income (average rents of $722) and at the ask price of $324,969 the measures of investment performance include a GRM of 9.38, a before reserves cap rate of 5.49% and an after tax IRR of 15.20%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 6.76%, and cash on cash of 8.75%

320 Charleston SE has the lowest income (average rents of $660) and at the ask price of ask price of $249,757 the measures of investment performance include a GRM of 7.88, a before reserves cap rate of 5.57% and an after tax IRR of 16.40%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 8.15%, and cash on cash of 13.67%

Each fourplex is priced aggressively – coming in under recent comparable sales, even though those sales have an average rent that is lower than the subject properties.

25 page marketing flyers including rent rolls, APOD, comparable sales, 5 year projection and more can be found at:

http://www.nmapartment.com/apt/NMAA-Charl308NE.pdf

Additional information available to those buyers who complete the online confidentiality agreement

at www.nmapartment.com/charleston

Do not wait – fourplexes are on a path of blazing path of appreciation due to the new Amazon, Netflix, Facebook and Intel employment announcements.

Thanks,

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

Multi-Family for Sale

Albuquerque, NM 87108

Did you know that the average fourplex sales price of $322,844 reflects an appreciation of 31% between 2020 to 2021? Or that 25% of the fourplex market is in product that sold for more than $400,000? Or that fourplexes in Q1-2022 appreciated an additional 12%?

On behalf of the owners, NM Apartment Advisors is excited to bring to market to purchase recently renovated 12-plex that consists of three side fourplexes at 308, 312 and 320 Charleston NE.

The sellers are open to selling the property as 12 units, or three fourplexes under the following price schedule:

308 Charleston NE -$363,253 - $777 rents – 9.74 GRM – 5.46% before reserves Cap rate - 14.90% after tax IRR

312 Charleston NE -$324,969 - $722 rents – 9.38 GRM – 5.49% before reserves Cap rate - 15.20% after tax IRR

320 Charleston NE -$249,757 - $660 rents – 7.88 GRM – 5.57% before reserves Cap rate - 16.40% after tax IRR

At the combined price is $937,979, and at the current average rent of $719, the metrics of performance include a price per unit of $78,165, price per square foot of $124.04, a GRM of 9.05, a before reserves cap rate of 5.72% and an after tax IRR of 13.80%. If rents are raised to market of $835, the metrics improve to a before reserves cap rate of 7.05% and a cash on cash of 7.73%.

Pricing is based on income and renovations. Seven units have been upgraded, three units have had minor upgrades. All 12 units are one bedroom one bathroom. This 12-plex is located in an area of that has had major announcements of new employment and new investment from the City of Albuquerque.

The fourplexes can be bought individually or together as they sit on their own individual lots.

308 Charleston SE has the highest income (average rents of $777) and at the ask price of $363,253 the measures of investment performance include a GRM of 9.74, a before reserves cap rate of 5.46% and an after tax IRR of 14.90%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 5.88%, and cash on cash of 5.34%

312 Charleston SE has slightly lower income (average rents of $722) and at the ask price of $324,969 the measures of investment performance include a GRM of 9.38, a before reserves cap rate of 5.49% and an after tax IRR of 15.20%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 6.76%, and cash on cash of 8.75%

320 Charleston SE has the lowest income (average rents of $660) and at the ask price of ask price of $249,757 the measures of investment performance include a GRM of 7.88, a before reserves cap rate of 5.57% and an after tax IRR of 16.40%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 8.15%, and cash on cash of 13.67%

Each fourplex is priced aggressively – coming in under recent comparable sales, even though those sales have an average rent that is lower than the subject properties.

25 page marketing flyers including rent rolls, APOD, comparable sales, 5 year projection and more can be found at:

http://www.nmapartment.com/apt/NMAA-Charl308NE.pdf

Additional information available to those buyers who complete the online confidentiality agreement

at www.nmapartment.com/charleston

Do not wait – fourplexes are on a path of blazing path of appreciation due to the new Amazon, Netflix, Facebook and Intel employment announcements.

Thanks,

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

Multi-Family for Sale

Albuquerque, NM 87108

Did you know that the average fourplex sales price of $322,844 reflects an appreciation of 31% between 2020 to 2021? Or that 25% of the fourplex market is in product that sold for more than $400,000? Or that fourplexes in Q1-2022 appreciated an additional 12%?

On behalf of the owners, NM Apartment Advisors is excited to bring to market to purchase recently renovated 12-plex that consists of three side fourplexes at 308, 312 and 320 Charleston NE.

The sellers are open to selling the property as 12 units, or three fourplexes under the following price schedule:

308 Charleston NE -$363,253 - $777 rents – 9.74 GRM – 5.46% before reserves Cap rate - 14.90% after tax IRR

312 Charleston NE -$324,969 - $722 rents – 9.38 GRM – 5.49% before reserves Cap rate - 15.20% after tax IRR

320 Charleston NE -$249,757 - $660 rents – 7.88 GRM – 5.57% before reserves Cap rate - 16.40% after tax IRR

At the combined price is $937,979, and at the current average rent of $630, the metrics of performance include a price per unit of $78,165, price per square foot of $124.04, a GRM of 9.05, a before reserves cap rate of 5.72% and an after tax IRR of 13.60%. If rents are raised to market of $

Pricing is based on income and renovations. Seven units have been upgraded, three units have had minor upgrades. All 12 units are one bedroom one bathroom. This 12-plex is located in an area of that has had major announcements of new employment and new investment from the City of Albuquerque.

The fourplexes can be bought individually or together as they sit on their own individual lots.

308 Charleston SE has the highest income (average rents of $777) and at the ask price of $363,253 the measures of investment performance include a GRM of 9.74 a before reserves cap rate of 5.46% and an after tax IRR of 14.90%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 5.63%, and cash on cash of 5.34%

312 Charleston SE has slightly lower income (average rents of $722) and at the ask price of $324,969 the measures of investment performance include a GRM of 9.38, a before reserves cap rate of 5.49% and an after tax IRR of 15.20%. If rents are raised to the market of $835, the measures of investment performance improve to a cap rate of 6.76%, and cash on cash of 8.75%

320 Charleston SE has the lowest income (average rents of $669) and at the ask price of ask price of $249,757 the measures of investment performance include a GRM of 7.88, a before reserves cap rate of 5.57% and an after tax IRR of 16.40%. If rents are raised to the market of $875, the measures of investment performance improve to a cap rate of 7.99%, and cash on cash of 13.67%

Each fourplex is priced aggressively – coming in under recent comparable sales, even though those sales have an average rent that is lower than the subject properties.

25 page marketing flyers including rent rolls, APOD, comparable sales, 5 year projection and more can be found at:

http://www.nmapartment.com/apt/NMAA-Charl308NE.pdf

Additional information available to those buyers who complete the online confidentiality agreement

At www.nmapartment.com/charleston

Do not wait – fourplexes that prices are at a historic high and on a blazing path of appreciation due to the new Amazon, Netflix, Facebook and Intel employment announcements.

Thanks,

Todd Clarke CCIM CIPs

CEO

NM Apartment Advisors Inc.

(505) 440-TODD

Office for Lease

Albuquerque, NM 87111

- 1/2 mile from center of Uptown

- 1 mile from 1-40 at the SE corner of Louisiana Blvd. & Candelaria Rd.

- 5 offices, reception area, conference room,

coffee bar, common area restrooms and storage

- 9’ ceiling height

- In-suite water

- Ground-level access

- IDO Zoning: MX-T

Office for Lease

Albuquerque, NM 87106

Located in the heart of Albuquerque’s vibrant Nob Hill retail, office and entertainment district.​ Rentable office space on the top floor of the legendary Historical Lobo Theater.​ This property is just east of the UNM campus on the same block as other prominent businesses such as Crazy Fish and Buffalo Exchange.​

Office for Sale

Albuquerque, NM 87107

Please fill out the Confidentiality Agreement located in the attachments to get the full version of the OM.

Property Highlights:

• 100% occupied

• Tenants on NNN leases reimbursing landlord for operating expenses

• Strategically located education, R&D, and flex space

• Serves large population at a dense, in-fill location, with high barriers to entry

• Convenient access to the entire city, at the intersection of Interstate 25 and Interstate 40

• Long-tenured tenants with strong historic occupancy

• Tenants include a nationally-accredited college, a high-tech custom optics company, a pet cremation and national protective services company

Retail for Lease

Albuquerque, NM 87112

PROPERTY OVERVIEW

Eubank Plaza is a 30,000 square foot prominent retail strip center that is home to 18 national

and local service-based businesses that value high street visibility and affordability. With great

looking suites in the 1,200-2,557 square foot rage, we know this is a great stepping stone for a new

business’ first location or downsizing an existing location that still retains the prime retail frontage

your business depends on. Existing build-out works for retail and office tenants alike and should be

overall move-in ready.

LOCATION OVERVIEW

The property is located directly north of Constitution Ave on Eubank Blvd in the NE Heights. This is

a quick 3/4 mile from I-40 and surrounded by similar retail centers and rooftops. Eubank Blvd is the

main thoroughfare between where customers live in the NE Heights and where they work on base,

giving Eubank a huge boost in traffic and makes it a sustainable retail location for basic needs

heading to and from work. The center also offers two full access points, 3 curb cuts overall and a

back entrance off Constitution going west-bound.

Office for Lease

Albuquerque, NM 87110

• Combination of open workspace and private offices

• Large conference room with views of the Sandias and the two story atrium lobby

• Smaller conference room that comfortably seats 8 with access to private patio

• Break room and server room

• 2 private patios

• Parking ratio 4.3/1,000

• Monument signage available

• Easy access from I-40 and Louisiana Blvd.

• Furniture negotiable

Retail for Lease

Albuquerque, NM 87114

PROPERTY OVERVIEW

The Golf Course Marketplace is made up of a Smith’s grocery, Burger King and a multi-tenant retail strip with Wingstop, Subway & Perico’s. The retail strip features two great opportunities for new tenants, including a highly visible end-cap, formerly Cricket Wireless, and a second generation restaurant space. These spaces are benefitted by large storefront windows and would be perfect for a breakfast or coffee concept, dessert, shopping, fitness and medical uses to join this premier lineup.

LOCATION OVERVIEWThis westside retail property is perfectly located and has the features that any national retailer would be looking for. There is very little existing retail product in the surrounding area, making the Golf Course Marketplace truly desirable for anyone looking in the immediate future. It is just over a mile west of the Cottonwood Loop and Cibola High School and is directly across the street from the Lovelace Westside Hospital and is less than 2 miles from the Presbyterian Rust Medical Center. The two irreplaceable features of this retail center are 1) the placement of tenants on the Golf Course AND McMahon monument signs, and 2) the direct access to the center via Golf Course Rd.

Retail for Lease

Albuquerque, NM 87111

PROPERTY OVERVIEW

9821 Montgomery is the HOTTEST restaurant property available in Albuquerque’s NE Heights. The property is highly prominent to the over 30,000 VPD on Montgomery Blvd. and is the endcap space with left in/left out access. Parking is abundant at over 8.3:1,000 parking spots available. This property is READY for a new retailer in one of ABQ’s most exclusive markets.

LOCATION OVERVIEW

This property is located in the heart of Montgomery’s “restaurant row” to the NE of Montgomery & Eubank. Within and immediate 1 mile, there are a number of successful restaurants including; Marble Brewery, Whole Hog BBQ, Slice Parlor, Pelicans, Dions, Savoy Bar & Grill, Scarpas, El Patron, Farina Alto, Flying Star, Il Vicino, Grassburger, etc. All these restaurants have proven year over year that there is success to be had in this area. The property has strong population density of high income earners in the immediate 1 & 3 miles.

Multi-Family for Sale

Albuquerque, NM 87108

• Individually metered for electricity (no gas)

• Recent (3-5 years) capital improvements: roof (TPO), stairs, windows & doors

• 70% of the interiors renovated

• $21,000 has been factored into the offer price to renovate three “down” units

• Manager will be leasing the vacant units until the sale of the property

Office for Lease

Albuquerque, NM 87102

Retail for Sale

Albuquerque, NM 87106

Industrial for Lease

Albuquerque, NM 87109

Warehouse can be split, in the process of cleaning up offices and warehouse. 3 Phase is in the area and can be brought to the building.

Office for Lease

Albuquerque, NM 87113

- Highly-visible location with easy access from Alameda & Paseo Del Norte

- Beautiful contemporary build-out

- Direct entrance

- Modular furniture available

- Building signage

- Free building exercise room

- Near restaurants and other amenities

- Plenty of parking

Retail for Sale

Albuquerque, NM 87120

Office for Lease

Albuquerque, NM 87110

- Walking distance to Coronado Center, Winrock Town Center, ABQ Uptown

- Walking distance to restaurants, banking, hotels and professional services

- Reserved covered parking

- Overnight security for your safety

- Beautiful campus-like setting

- On-site storage units

Retail for Lease

Albuquerque, NM 87110

PROPERTY OVERVIEW

San Mateo Square is located on one of the most important North/South thoroughfare’s in the Albuquerque metropolitan area. With over 460’ of frontage on this important road, your business will be sure to be seen be a captive audience of over 39k daily commuters. San Mateo Square is anchored by DD’s discount store’s and is “one of the top preforming stores in the region.” Other tenants include Melrose, Nutrition Del Norte, One World Financial, Allstate Insurance, The Grill Restaurant, etc. San Mateo square is looking for National and Local tenants alike looking for a great deal on a well maintained and highly trafficked retail center in the heart of Albuquerque.

Retail for Lease

Albuquerque, NM 87112

The Wyoming Mall is a Walmart Supercenter anchored shopping center in the heart of the Northeast Heights. Along with the strong customer draw of Walmart, the Wyoming Mall is home to Albuquerque's first Raising Cane's, which joins Chic-Fil-A, Krispy Kreme and Dollar Tree. There are two great multi-tenant strip centers here that benefit from the Walmart customer base that feature beautiful stack-stone facades, large storefront windows and a tenant mix that continue the draw to the center. One building has direct exposure to traffic on Wyoming Blvd and the other is located in-line and is a great opportunity to join the medical tenant lineup that has been started with the orthodontic and denture practices.

This center is surrounded by longtime residential neighborhoods with middle income families that have made Walmart a staple to their shopping needs. Within 3 miles, population density is 63,000 and average income sits at $57,000. Wyoming Mall spans 28 acres on Wyoming Blvd between Indian School Rd and Menaul Blvd and is in a great location being a mile east of the the Uptown Submarket and a mile north of Interstate 40.

General retail/office (previously the UPS Store).

Retail for Sale

Albuquerque, NM 87110

• Lease term expires 2/28/35*

• Freestanding construction

• Oversized parcel

• Major regional retail corridor

• Room for future pad site

• Roof seal (2022)

• Parking lot seal/stripe (2022)

• Retail with hard-to-find warehouse

• Modern open-ceiling buildout

• Future ground lease pad upside

* Seven years fully guaranteed

Office for Sale

Albuquerque, NM 87109

Real Estate Advisors, LLC, is pleased to present the opportunity to acquire 4401 Masthead (the “Property”), a well-designed office building located in the highly sought-after Journal Center Business Park. 4401 Masthead provides an investor the opportunity to purchase a Class A property in Albuquerque’s premier business park at a significant discount to replacement cost while harvesting the in-place cash flow.

Office for Lease

Albuquerque, NM 87111

- Just minutes from North Albuquerque Acres, Sandia Heights, High Desert and Tanoan

- 2 offices, reception, IT closet/storage

- Common-area conference room

- Inviting “Class A” finishes with warm wood tones

- 3.4/1000 parking ratio – 31 spaces of covered parking

Office for Lease

Albuquerque, NM 87104

Prime office and retail space anchored by D.H. Lescombes Winery and Two Cranes Bistro & Brew.

Located in an easily accessible location near downtown Albuquerque, Old town, Uptown, Airport and Westside.

Multi-office suites and retail spaces available

Beautifully maintained courtyard setting throughout property.

Elevator access to the second floor

Plenty of convenient parking.

Seven offices, conference room, library, open areas for multiple uses, breakroom, and two ADA restrooms.

Industrial for Lease

Albuquerque, NM 87105

Phase I - Up to 250,000 SF

• 95± Acres

• Three buildings planned, Phase 1

• Lease Rate: Contact Broker

Property Highlights

• New construction

• Experienced developer

• Concrete tilt-up construction

• Excellent location along Interstate 25 south of Bobby Foster Rd

• 32‘ Clear ceiling height

• Columns: 55‘ X 50‘

• ESFR fire sprinklers

• Multiple dock doors/Cross dock

• Large truck court

• Drive in Doors

• Access via Broadway Blvd (Hwy 47) & Rio Bravo

• 4± miles from Albuquerque International Airport

• 8± miles from I-25/I-40 interchange

Office for Lease

Albuquerque, NM 87109

The property consists of 30,898 rentable square feet of office space situated on 3.73 acres This unique asset fronts Jefferson Street, a primary north/south arterial, and is less than a mile from Interstate 25, providing the property with easy access and high visibility. Boasting the lowest vacancy for office product in Albuquerque, the North I-25 corridor is the premiere office destination in the State of New Mexico. The project is in the geographic and demographic center of the Albuquerque Metro, providing the perfect location for the construction of various new healthcare facilities and the repurposing of existing spaces for medical uses.

Retail for Lease

Albuquerque, NM 87123

- Fitness Anchored

- Ample Parking

- Surrounded by National Retailers

- Across the street from a Grocery Anchored Center

- Visible to over 50,000 VPD

- Massive Monument Signage

- Key Retail Trade Area with New Retailers

- Recent upgrades including: updated exterior paint and parking lot surface (in progress)

Office for Lease

Albuquerque, NM 87109

- All rates are Full Service and include 3-day-a-week janitorial service

- 3-year minimum lease term

- MX-T, Transition

- Best value & most convenient location in Northeast Heights!

- Parking ratio: 4.2:1,000

- ¼ mile south of the intersection of Wyoming & Academy Blvds.

- Near Walmart & Whole Foods

Specialty for Sale

Albuquerque, NM 87121

Excellent opportunity for a multi use commercial building AND 4.99 acres of irrigated land! Great residential neighborhood potential to possibly subdivide and build. +/- 2500 sqft Commercial building just off busy Coors Blvd with endless possibilities.

Office for Lease

Albuquerque, NM 87109

Newly constructed, modern, medical office facility located in the Northeast Heights submarket along the Paseo Del Norte corridor. Phase two of the Palomas Peak medical complex consists of three suites. Currently available is suite E, 3000 SF, and suite F, 2000 SF. These suites can be combined to create one 5000 SF medical office. The property will be delivered in shell condition adaptable to the needs of the tenant.

Office for Lease

Albuquerque, NM 87114

PROPERTY OVERVIEW

This North Valley land parcel is pad ready with approved construction plans for a dental facility and infrastructure for future tenants. The parcel features frontage on 2nd St and sits in front of a new industrial building. New construction will consist of a 7,500 SF freestanding building and can accommodate up to two tenants. Owner is also open to ground lease opportunities.

LOCATION OVERVIEW

Property is located on 2nd St NW in the North Valley submarket between Paseo Del Norte and Alameda Blvd. The North Valley is a hub for contractors

and subcontractors given its centralized location and inventory of warehouse space. This property features quick access to two river crossings that connect

this location to Cottonwood and Rio Rancho to the east side.

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