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502 General Chennault St SE
502 General Chennault St SE, Albuquerque, NM 87123
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Overview
• 3 years, 4 months remaining (as of 11/1/2025) on initial lease term with a 3-year option to extend
• Large paved, fenced and gated ±1.7 acre lot
• Less than 5 minutes from Kirtland AFB, I-40, and ABQ International Airport
• 16’ - 22’ ceiling heights• 1,600 amps of 3-phase power (208V & 480V)
• 4 - 18’ x 16’ drive-in doors
• Fully sprinklered
• 5% vacancy rate included in NOI
Attachments
For Sale
Investment
Industrial
- Sale Price
- $4,400,000
- Price Per SF
- $133.6/SF
- Cap Rate
- 7.48%
- Building Size
- 32,923 SF
- Acres
- 1.7218 ac
- Zoning
- NR-C
- Zoning Description
- Non Residential Commercial
- Net Operating Income
- $328,977
- Submarket
- Southeast Heights
- Property Use Type
- Net Leased (NNN)
- Property Status
- Existing
- Average Occupancy Rate
- 95%
- Ceiling Height
- 16' - 22'
- County
- Bernalillo
- Created
- 2025-10-30
- Updated
- 2025-10-30
- Listing ID
- 8446174a
- Parcel APN
- 102005619538820305
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