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FOR SALE :: INDUSTRIAL STNL :: CORPORATE CREDIT :: ANNUAL INCREASES :: PREMIER SUB-MARKET

5321 Wilshire Ave NE Albuquerque, NM 87113

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Overview

CBRE is pleased to present the opportunity to acquire 5321 Wilshire Ave, a 100% leased, 44,800 SF manufacturing/industrial property in Albuquerque New Mexico.

The property, situated on 2.35 acres, is located in the desirable North I-25 Corridor along Interstate 25. The property benefits from its proximity to Interstate 25, providing direct access to all quadrants of the City and easy access throughout the state of New Mexico. 5321 Wilshire offers an exceptional opportunity to derive a predictable income stream and return from a stable tenant.

American Fire Protection Group, Inc has occupied the building since November 2024. The lease features an NNN structure and 3% rent increases in years 2 & 4 and 6% increase in years 3 & 5.

The North I-25 corridor is the most desirable office and industrial submarket in Albuquerque. Due to it’s proximity to the highly trafficked Interstate 25 and the ease of access, this location offers industrial users an ideal location and industrial use zoning. The Albuquerque Metro Area (population 939,316±) features a high quality of life, low cost of business, an educated workforce, as well as, various state and local economic incentives. The area’s workforce population is in excess of 380,000+, including more than 261,000+ college-educated individuals. Albuquerque’s affordable cost of living, diverse population, and growing tech sector make it a desirable business location.

 

  • SINGLE-TENANT INDUSTRIAL BUILDING - Exceptional investment opportunity in Albuquerque’s top light industrial/flex submarkets, North I-25. Low management responsibilities and annual rent increases make this asset a smart addition to an investor portfolio.
  • NNN LEASE - Tenant responsible for repairs, replacements, maintenance, property insurance, property taxes and property management. Lease structure provides for limited Landlord responsibility and low management making this an ideal investment for out of state investors.
  • ANNUAL RENT INCREASES - Rent increases alternate between 3% in Years 2 & 4 and 6% in Years 3 & 5. Cumulative increase during the hold period is 19.1% providing ample ability to hedge against inflation.
  • CREDIT-TENANCY - American Fire Protection Group, Inc. is a wholly owned subsidiary of APi, Inc. (NYSE: APG), a best- in-class national company with $8.1 Billion in assets and $7 Billion in 2024 annual revenue.

For Sale

Industrial

Secondary Uses: Flex Space

Sale Price
$6,882,048
Price Per SF
$153.6/SF
Building Size
44,800 SF
Acres
2.35 ac
Zoning Description
Non Residential Light Manufacturing
Tenant
American Fire Protection Group, Inc.
Submarket
North I-25
Property Use Type
Net Leased (NNN)
Average Occupancy Rate
100%
Office SF
11,000 SF
Dock Number
2
Drive-In Number
1
Column Spacing
39' 5" x 39' 6"
Warehouse SF
33,800 SF
Warehouse HVAC
Yes
Power
277/480 V, 3 Phase
County
Bernalillo
Available
2025-06-24
Created
2025-06-24
Updated
2025-07-08
Listing ID
68f53929
Parcel APN
101806405927620335

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