5525 US 64 Farmington, NM

Office: General
Pending

5525 US-64, FarmingtonNM 87402

Property Details

Location

Address
5525 US-64, FarmingtonNM 87402
County
San Juan
Submarket
Parcels
R0052471

Building Size

Building Size
46,839 SF
Rentable Space
46,839 SF

Building Details

Type
 Office: General  
 Pending
Number of Buildings
4
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
C
Building Status
Existing
Floors
2
Year Built
1983
Year Renovated
2014
Sprinklers
Yes
Primary Const.
Framed
Parking Ratio
10:1,000
Air Conditioned
Yes
Heated
Yes
Security System
Access Control System

Land & Utilities

Land (Acres)
7.63 Acres
Land (SF)
332,568 SF
Electricity
Yes
Natural Gas
Yes, City
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
IND
Lot Depth
Lot Width
Stand. Electric
Yes

Contacts

Current Listings

5525 Highway 64

5525 US 64 is a well-located property on the south side of Farmington. The complex is readily accessible from the adjacent communities of Bloomfield and Aztec. The campus consists of four (4) separate buildings with a combined total of 46,839 square feet. Each building on the property has its own unique features and design allowing for a multitude of uses. The site has an impressive parking ratio of 10.23 per 1,000 sf and can easily accommodate additional buildings and/or construction yard space. The newest building on the site was constructed in 2014 to LEED standards and is one of the premier office buildings in the region. The property can be purchased either in its current, campus configuration or a Buyer could purchase building 100 separately.

Building 100 is approximately 10,626 square feet. It fronts Hwy 64 and provides great visibility for any occupant by way signage on the front of the building. This building is perfect for a owner/user or can easily be divided to accommodate multiple Tenants. Price - $1,168,860.00

As building 500 is the only Class A option in the market, the asking price of $110 per square foot is a great deal as this is approximately 50% of replacement cost. Buildings 200 and 400 are components of building 500, creating a total square footage of 36,213. Price - $3,983,430.00

Purchase of entire campus - $5,152,290.00

REA Real Estate Advisors

5525 US 64 is a well-located property on the south side of Farmington. The complex is readily accessible from the adjacent communities of Bloomfield and Aztec. The campus consists of four (4) separate buildings with a combined total of 46,839 square feet. Each building on the property has its own unique features and design allowing for a multitude of uses. The site has an impressive parking ratio of 10.23 per 1,000 sf and can easily accommodate additional buildings and/or construction yard space. The newest building on the site was constructed in 2014 to LEED standards and is one of the premier office buildings in the region. The property can be purchased either in its current, campus configuration or a Buyer could purchase building 100 separately.

Building 100 is approximately 10,626 square feet. It fronts Hwy 64 and provides great visibility for any occupant by way signage on the front of the building. This building is perfect for a owner/user or can easily be divided to accommodate multiple Tenants. Price - $1,168,860.00

As building 500 is the only Class A option in the market, the asking price of $110 per square foot is a great deal as this is approximately 50% of replacement cost. Buildings 200 and 400 are components of building 500, creating a total square footage of 36,213. Price - $3,983,430.00

Purchase of entire campus - $5,152,290.00

View Details
View Details

5525 Highway 64

Office Pending LeaseFloor 1st, Suite Building 100
10,626 SF (Max contig.: 46,839 SF) $12.75 Annual/SF
REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

Contiguous square footage (46,839) is a combination of Bldg. 100, 200, 400 & 500 - the total complex

REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

Contiguous square footage (46,839) is a combination of Bldg. 100, 200, 400 & 500 - the total complex

View Details
View Details

5525 Highway 64

Office Pending LeaseFloor 1st, Suite Building 200
10,315 SF $12.00 Annual/SF
REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

View Details
View Details

5525 Highway 64

Office Pending LeaseFloor 1st, Suite Building 400
1,415 SF $12.00 Annual/SF
REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

View Details
View Details

5525 Highway 64

Office Pending LeaseFloor 1st, Suite Building 500-1
12,442 SF (Max contig.: 24,483 SF) $14.50 Annual/SF
REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

Readily divisible

REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

Readily divisible

View Details
View Details

5525 Highway 64

Office Pending LeaseFloor 2nd, Suite Building 500-2
12,041 SF (Max contig.: 24,483 SF) $14.50 Annual/SF
REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

Readily divisible

REA Real Estate Advisors

Well located along a major arterial between Bloomfield & Farmington

Excellent visibility

10,000 +/- /rsf average floor plates

Ability to lease space within a single building or the entire campus

Well designed floor plans with ample conference room space

Readily divisible

10.23/1000 Parking ratio

Monument & Building Signage Available

Existing furniture could be in play

Readily divisible

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

Source: Patricia Horsman

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