Prime Uptown Office Investment Opportunity
7000 Prospect Pl NE Albuquerque, NM 87110
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Overview
7000 Prospect Pl NE offers a unique opportunity to own a freestanding office building in Uptown with a long-term in-place tenant. The property is situated within walking distance to a full array of amenities including hotels, dining establishments, shopping, entertainment and fitness. The building’s efficient design allows for single or multi-tenant scenarios with shared amenities including a beautifully landscaped interior courtyard and a full kitchen/breakroom.
• Tenant: Proud Moments ABA (Please do not disturb Tenant)
• Lease Commencement 7/1/24 (88 month term)
• $10,664/month
• Modified Gross lease structure
• Building amenities including full kitchen/breakroom and interior courtyard with mature landscaping
• Secured building access
• Monument signage
• 5/1,000 Parking Ratio
• Multiple nearby Uptown amenities including hotels, dining, shopping, fitness, and entertainment
Attachments
For Sale
Secondary Uses: Office Building
- Sale Price
- $1,495,000
- Investment
- Yes
- Cap Rate
- 7.12%
- Net Operating Income
- $106,457
- Building Size
- 8,256 SF
- Acres
- 1.0168 ac
- Zoning
- MX-H
- Zoning Description
- High Intensity
- Tenant
- Proud Moments
- Building Name
- 7000 Prospect Place NE
- Floors
- 1
- Year Built
- 1995
- Parking Ratio
- 5 / 1000
- Parking Spaces
- 42
- Submarket
- Uptown
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 100
- County
- Bernalillo
- Created
- 2025-02-04
- Updated
- 2025-02-04
- Listing ID
- 3ae57297
- Parcel APN
- 101905907419030914