Active
Stand-Alone NE Heights Office
9910 Indian School Rd NE Albuquerque, NM 87112
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Overview
HIGHLIGHTS
- Owner/User Opportunity with Passive Income
- 2nd floor with eight executive suites
- Elevator
- Gated parking spaces
- Quick access to I-40
- Monument and building signage available
- Very limited office space in the Northeast Heights
FINANCIALS
- Executive Suites Gross Income: $39,300
- Full-Building Operating Expenses: $24,683
- NOI: $14,617
CAPITAL IMPROVEMENTS
- Recent roof updates
- HVAC units
- Resurfaced parking lot
- Newly-added fenced parking
- Updated restrooms
- Electrical on monument sign
Lease Spaces
| Name | Rate | SF |
|---|---|---|
| 1st Floor | $15 /SF/Year | 3,234 SF |
| Suite 205 | $350 /Month | 205 SF |
Attachments
Links
For Sale/Lease
Office
Investment
Secondary Uses: Office Building
- Lease Rate
- $350 Month
- Available SF
- 205 - 3,234 SF
- Sale Price
- $900,000
- Price Per SF
- $139.1/SF
- Cap Rate
- 1.62%
- Building Size
- 6,468 SF
- Acres
- 0.37 ac
- Zoning
- MX-L
- Zoning Description
- Low Intensity
- Gross Income
- $39,300
- Net Operating Income
- $14,617
- Total Expenses
- $24,683
- Structure
- Full Service
- Signage
- On Building and Monument
- Building Name
- Aspen Building
- Number of Buildings
- 1
- Floors
- 2
- Passenger Elevators
- 1
- Tenancy
- Multiple Tenants
- Submarket
- Northeast Heights
- County
- Bernalillo
- Created
- 2025-01-30
- Updated
- 2025-06-20
- Listing ID
- 52e370e6