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2705 Juan Tabo Blvd NE
2705 Juan Tabo Blvd NE Albuquerque, NM 87112
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Overview
Prime Office Investment Opportunity at Blanca Square
Location: 2705 Juan Tabo NE, Albuquerque, NM 87112
Seize the chance to own a premier office investment property at Blanca Square, strategically situated between Candelaria & Menaul in the bustling heart of Albuquerque. With high visibility on Juan Tabo Blvd NE, this property boasts an impressive 26,606 cars passing daily, ensuring continuous exposure.
Property Highlights:
- Building Size: 9,571 SF spread across 3 buildings on .8448 acres
- Zoning: MX-L (Mixed Use – Low Intensity)
- Occupancy: 95% with only one unit vacant
- Net Operating Income: $108,072.00
- CAP Rate: 7.7%
- Sale Price: $1,400,000.00
Advantages:
- Short-term leases offering flexibility and potential for lease renegotiation
- Located in a high-traffic area, attracting a diverse mix of tenants
- Excellent investment with stable income and solid occupancy rate
Showings:
- DO NOT DISTURB TENANTS
- 48-hour notice required for showings
- Contact brokers for more information
Invest in a property that combines solid returns with prime location advantages. Don't miss this exceptional opportunity at Blanca Square!
Attachments
For Sale
Investment
- Sale Price
- $1,400,000
- Price Per SF
- $146.3/SF
- Investment
- Yes
- Cap Rate
- 7.7%
- Net Operating Income
- $108,072
- Building Size
- 9,571 SF
- Acres
- 0.8448 ac
- Zoning
- MX-L
- Zoning Description
- Low Intensity
- Building Name
- Blanca Square - Office Investment Property
- Building Class
- C
- Parking Spaces
- 44
- Submarket
- Northeast Heights
- Property Use Type
- Investment
- Property Status
- Existing
- Vehicles Per Day
- 26,606 VPD
- Average Occupancy Rate
- 95
- County
- Bernalillo
- Created
- 2024-11-27
- Updated
- 2024-11-27
- Listing ID
- 5604180f
- Parcel APN
- 102105951343611312