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Reduced!!! Large industrial property in Sawmill District (sale or lease)
1900 7th St NW Albuquerque, NM 87102
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Overview
Many options on this large industrial property in the Sawmill District. Currently the building is 100% occupied on M-T-M leases with multiple tenants, some of which have requested extended lease terms. A new owner can occupy the entire space or a portion of space with income on the rest. The property can also be purchased for investment purposes with all tenants remaining in place. Private parking and on street parking are available and access to I-40 is only two blocks away. For sale at $2,250,000 or for lease at $7.00/sf NNN as-is (any landlord improvements will be amortized on top of the base lease rate).
Lease Spaces
Name | Rate | SF | Acres |
---|---|---|---|
1900 7th St NW | $8.5 /SF/Year | 4,750 - 25,200 SF | 0.675 ac |
Plasco suite (SW corner) | $8.5 /SF/Year | 4,750 SF |
For Sale/Lease
Industrial
- Lease Rate
- $8.5 SF/year
- Available SF
- 4,750 - 25,200 SF
- Sale Price
- $2,250,000
- Price Per SF
- $89.3/SF
- Cap Rate
- 6.1%
- Building Size
- 25,200 SF
- Acres
- 0.675 ac
- Zoning
- NR-LM
- Tenant
- Multiple Tenants
- Structure
- NNN
- Do Not Disturb Tenant
- Yes
- Showing Instructions
- Contact Broker
- Submarket
- Downtown
- Nearest MSA
- Albuquerque
- Property Status
- Existing
- Average Occupancy Rate
- 100
- County
- Bernalillo
- Created
- 2024-05-10
- Updated
- 2024-11-07
- Listing ID
- 308430ee
- Parcel APN
- 101405913606731301