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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

For Sale

Office

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