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9.08% Initial Yield | 5.7 Yr WALT | Defense & Healthcare 100% Leased Flex Building
5411 Jefferson St NE Albuquerque, NM 87109
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Overview
5411 Jefferson Street NE, comprised of a 56,000-square-foot building situated on 4.6 acres, is located in the desirable North I-25 Corridor along Interstate 25. The property benefits from its proximity to Interstate 25, providing direct access to downtown Albuquerque, the Albuquerque International Airport and all quadrants of the City.
Jefferson Commons II offers an exceptional opportunity to derive a predictable income stream and attractive 9.08% cash-on-cash initial return from a stable and diverse mix of tenants. Jefferson Commons II offers investors a premier flex building with tremendous future income potential through annual rent increases and growth of existing rents.
- Year 1 NOI: $812,719 with an attractive 8.50% cap rate
- Annual Rent increases from all tenants
- Priced well below replacement cost
- Recent HVAC CapEx of approximately $300,000 by Owner
- Eye-catching architecture and cutting-edge design
- Adjacent to major north/south arterial - Interstate 25
- Highly desirable sub-market surrounded by amenities including walking trails, dining, shopping, grocery, hospitality, banks and
entertainment - Flexible building design and 29’10” ceiling height (floor to roof deck)
Attachments
Links
For Sale
Office
- Sale Price
- $9,561,400
- Investment
- Yes
- Building Size
- 56,000 SF
- Acres
- 4.6 ac
- Zoning
- IP
- Building Class
- B
- Number Of Buildings
- 1
- Floors
- 1
- Year Built
- 2000
- Construction Type
- Framed
- Submarket
- North I-25
- Property Status
- Existing
- In Opportunity Zone
- Yes
- County
- Bernalillo
- Created
- 2023-04-11
- Updated
- 2025-02-11
- Listing ID
- 115cec95
- Parcel APN
- 101706117842520210