Albuquerque, NM Office Property For Sale

Space has been used as executive suites. New owner can be owner occupant or use for an investment.

• Office building in popular Albuquerque submarket

• Two suites currently combined but can be divided

• Beautifully updated and move-in ready

• Suite A is +/- 1,731 SF comprised of:

- 3 offices

- Large conference room

- Work room

- Attractive lobby

- Kitchenette

- 2 ADA restrooms

- Storage/IT room

• Suite B is +/- 944 SF comprised of:

- 3 offices

- Attractive lobby

- Work room

- Kitchenette

- 2 ADA restrooms

- Storage

• Owner financing available

• Skylights throughout provide natural light

• Owned solar system will transfer for a modest cost

• Some furniture available for sale separate from real estate

• Well maintained roof (11 years) and HVAC (3 units - 2 @ 11 years & 1 @

3 years)

• Windows replaced 2 years ago

Property Highlights:

- Uptown amenities: Winrock Town Center, ABQ Uptown, Coronado Center, banking, grocery, restaurants

- Great visibility on Louisiana Blvd. with prominent signage

- Prime uptown location

- More than 40,000 cars per day

- Faithfully-maintained roof, HVAC & parking lot

- 3.3 : 1,000 SF parking ratio

*Located in Opportunity and HUB Zone*

• Great visibility with frontage on Gold Ave.

• Reserved downtown street and garage parking are available.

• Located in an urban environment with an abundance of

restaurants, grocery, and entertainment within close proximity.

• Spacious patios with beautiful views of Downtown.

• Easy and convenient access to I-25.

• 77% occupied multi-tenant office buildings

• Significant in-place cash flow with value-add component through additional lease-up

• Opportunity to purchase an asset well below replacement cost

• Stabilized property with recent lease extensions

- Stable tenancy

- Comagine Health (largest tenant at the property) recently extended for an additional five years showing commitment to the property

- Long tenured tenants

• Premier location

- Located in the coveted Northeast Heights/North I-25 Corridor

- Convenient access to Interstate 25

• Affordable, replaceable rents

- Rents at Seagull Office Plaza are well below many competitive properties in the North I-25 Corridor and Journal Center

• Strong mix of tenants with staggered lease rollovers

• Many of the leases feature annual rental increases

• Institutionally managed asset

- Well maintained buildings

- Recent large capital expenditure items performed

- Owner has spent over $90,000 in restroom upgrades in the last few years

Property Highlights

• Individual offices

• Small office suites

• Tranquil courtyard with waterfall and pond

• Fireplaces in some suites

• WiFi throughout the property

• Santa Fe-style architecture

5 bathrooms

10 on-site parking spaces

6 street parking spaces

Seller Motivated

Seller Financing with Reasonable Down Payment

Great Live/Work Opportunity!

5200 Constitution: +/- 1,638

5202 Constitution: +/- 530

5204 Constitution: +/- 530

Convenient location on Wyoming Blvd. near Indian School Rd.

Multiple short-term tenants provide opportunity for income

Priced well below replacement cost

Uptown amenities only 5 minutes away

Uptown office building with potential

to be configured for up to three

tenants, including a full garage

Beautiful law office building available near I-40 and San Mateo. Downstairs is set up with multiple partner offices, small working offices, a break room and a large conference room. Upstairs offers 2 office spaces, a small cubicle area as well as a residence. There is a possible leaseback option for the current upstairs tenant. There is a two car garage with access to upstairs. Private gated parking for the business, as well as adequate parking in front for the tenant.

Existing +/- 6,046 SF building with multiple drive-thru lanes

+/- 1.74 aces of land on a corner lot in the heart of Journal Center

Immediately adjacent to the retail center of Journal Center - The Market Place

Full access from Jefferson St. and Sun Ave.

Parcel is fully improved with ample parking and landscaping

Ideal for reuse as a financial institution, medical facility, general office or retail

Drive-through approved

20,500 cars-per-day in the fundamental employment corridor

Property Highlights

Located in established medical/dental park

4 dedicated patient rooms, 2 exam rooms, reception, and break room

Secured building entry and exit

Covered Dr. parking and private staff parking

Parking ratio is 4.3:1,000

Walk to Dion’s, El Patron, Savoy

The building was occupied by a credit union with 2 drive-through lanes. Functional office configuration with private offices and an open lobby. Abundant parking.

2428 Baylor is a freestanding office building located in the Airport Submarket in Albuquerque. Longtime home to Van H. Gilbert Architect, P.C., this beautifully designed southwest-style property is now available for sale or lease. Measuring 8,500 square feet in total, this building features a perfect mix of private offices, conference rooms, open workstations and outdoor patio space for a creative and growing office user. Other features include a TPO roof, 4 combo HVAC units, gated parking on the east side of the building and a large paved parking lot across the street.

This office building is located within minutes from the Albuquerque International Sunport and is a short mile from I-25. With an airport comes airport amenities, so this area is surrounded by great food options and hotels. The business park this property sits in is incredibly active with a mix of office and flex buildings that support the airport and Kirtland Air Force Base directly to the east. With a few recent large office buildings being absorbed in the last quarter, the vacancy rate is getting tight within this submarket.

Includes two buildings, one of which can be used by owner-investor and was designed and built by renowned designer/builder Nat Kaplan. The second provides steady cash flow.

Two freestanding office buildings with ample parking in the heart of the busiest shopping district in Albuquerque. Fully tenanted space makes an ideal investment.

• Premier freestanding property located in the heart of Uptown

• One of a kind Nat Kaplan office building. Offering also includes a second, fully leased, office building

• Ideal purchase for owner/user/investor

• 40 parking spaces (16 of which are covered) 3.3:1,000 parking ratio

ABOUT THE ARCHITECT

Nat Kaplan, designer builder was influenced by the rich landscape of New Mexico and became a renowned builder/designer in Santa Fe, Taos and Albuquerque. Kaplan completed his first adobe building in 1949 and built nearly 150 adobe homes and commercial buildings throughout the Southwest. Some of Kaplan’s most notable projects are the Sagebrush Inn in Taos, Governor John Simms Ranch (La Cienega) and house (Albuquerque), Enchanted Mesa Trading Post, the innovative E.W. King house with exposed waterproof adobe and radiant floor heat, Rancho Allegre in La Cienega (used in “Red Sky at Morning” and the television series “Empire”), the Chamisal house with an experimental pumice insulated roof, the Darcy McNickle house, the Silo House in Los Poblanos using the existing silo and water troughs from the former dairy, Simms Arabian Ranch in Scottsdale using exposed burnt adobe, the restoration of the Coronado Monument kiva, the law offices of Jeff Bingaman in Santa Fe, and the Uribe house in Baja, CA. He received the Governor’s Award for Excellence in the Arts in 1984 and closed Sagebrush Construction Company in 1983 making 7309 Indian School unique in its location and craftsmanship. It was designed and built for a local dentist in 1977.

Standalone building on +/-.359 acres

Reception area

15 Large offices

Open workspaces

2 Restrooms

Conference room

Break Room

Office layout conducive to Social Distancing

Roof maintained yearly

HVAC maintained twice a year

Prewired for internet

Wood Trim and flashing replaced in 2018

SINGLE-STORY OFFICE/FLEX originally designed as call center space but adaptable for many different types of office/flex users

+ 197,298± RSF

+ Large open areas, meeting/training rooms, break areas/game rooms & vending

+ 4,000 amp back-up generator

+ Commercially equipped kitchen & cafeteria with int/ext dining

+ Fitness Center - Showers & Lockers

+ Electric car chargers

+ Fiber availability

+ Bus Stop directly in front of property

Highly visible and easy accessible from I-40. This unique custom built property is a must see and is a great investment for anyone of interest. This building is 4,628 SF and is on 0.35 acres and is located across the street from a local city park with benches and walking paths. This building is a two part building that has 5 suites and a waterfall in the common area on one side and has owner occupancy on the other. This building is just about 100% leased with long term tenants and it pays for itself. It includes 2 full bathrooms that includes showers and has 3 partial kitchens/breakrooms. This property is in a quiet residential area and is zoned for mix use (MX-L). Available to see anytime with an appointment during the week as well as weekends.

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

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

Property Highlights

Large waiting area with restrooms

Full-sized breakroom

Additonal land for future expansion

Building and monument signage

Raised floors for ease of plumbing

Easy access to I-25 & I-40

Plenty of parking

Oh so convenient to Albuquerque’s hospital district and downtown, this gem of an office building has a reception area with window, two executive offices, a conference room and a work area outfitted with 5 cubicles. This recently remodeled space is ideal for a single tenant location for professionals such as accountants, insurance agents, real estate agents or medical specialists. It can be equally adapted to an executive offices business. A new HVAC system assures comfort for tenants, clients.

A city-approved plan for a 2nd, 1108 sf building on the property is available, bringing the total office space on the property to more than 2300 sf.

Conveniently located just 0.4 mi. west of the I-25 Lomas exit, it offers a straight shot to the downtown area.

This user-friendly neighborhood offers a mix of medical professionals, local businesses, and residential housing. Generous parking in a lot that has been recently resealed and restriped provides convenient free parking for clients and tenants.

Property Highlights

High-efficiency LED lighting

Convenient to Winrock Town Center

First-class amenities throughout

Fiber connectivity

Convenient to Interstate 40

Priced well below replacement cost

13 parking spaces

New parking lot

Property Highlights

Stable tenancy

Multi-tenant office

Easy accessibility to nearby amenities

East mountain views

New roof with warranty

Newly resurfaced parking lot

4:1,000 SF parking ratio

8.24% CAP rate

Pre tax IRR of 18.40%

10.25% cash-on-cash return

Lots of natural light

Spectacular wood vaulted ceilings

Tastefully-done stained concrete floors

Refrigerated air

Impressive lighting package

Amazing architecture

Two ADA restrooms

Great visibility and traffic counts on North 4th St.

Peaceful North Valley feel

Available

4600: Building: ±3,025 SF

Land: ±0.38 Acres

4610: Building: ±1,528 SF

Land: ±0.19 Acres

TOTAL: Buildings: ±4,553 SF

Land: ±0.57 Acres

Property Highlights

Centrally located

Bamboo/cork and stained-concrete flooring

Gated parking lot

Security system

Tranquil courtyard between buildings

Daylighting and LED’s throughout

Potential as owner/user or investment property

Newer HVAC units, roofing and paint

4610 Copper is 10 years young

1931 and 1933 San Mateo make for an attractive office/retail that can be leased separately or together. These are also for sale and this site also poses as a potential redevelopment.

•Great exposure

• High Traffic Count

• Centrally located

• Easy access from San Mateo

• Well-maintained

• Recently resurfaced parking lot

• Potential redevelopment play

•San Mateo Blvd NE: 36,800 VPD

•Indian School Rd NE: 7,398 VPD