1 Claremont Ave NW
1 Claremont Ave NW Albuquerque, NM 87107
![](https://storage.googleapis.com/resimplifi-associate/carnm/images/a0849b70/1-claremont-ave-nw-a25ff76e.webp)
Overview
Exceptional Investment Opportunity. Major residential, commercial and infrastructure plumbing, heating, and HVAC supply company. Long-term lease with additional renewal options. Ideal property for a 1031 Tax-deferred investment. Substantial tenant improvements have been made (2021) to the showroom/will-call area of the building, including reflooring, relighting, new ceiling, bathroom and breakroom updates, installation of a customer waiting area and replacing the central A/C units in the showroom/will-call area. Exterior improvements included the fence enclosure of the site with rolling/locking gates, painting of the building ex-terior and re-signing the building. Additional improvements included adding an ADA compliant access ramp to the show-room area. Excellent location with access to I-25 and I-40.
PROPERTY FEATURES
• 6,000 ± Showroom/Offices
• 40,000± Warehouse
• 8 Dock-High Doors
• Ramp with 14’ x14’ Door
• 26’7” - 27’7” Ceiling Height
• 26’ - 29’ Column Spacing
• 3-Phase Heavy Power
• 800 amp / 208 volt
• Motion Activated Lighting
• High-speed Internet
• Natural Gas Heat
• Central A/C (Sales/Office)
• Updated Breakroom
• Secured/Gated Yard
• Fully Sprinkled Warehouse
• Motion Sensing Alarm
Attachments
For Sale
- Sale Price
- $4,850,000
- Price Per SF
- $105.2/SF
- Investment
- Yes
- Cap Rate
- 6.56%
- Building Size
- 46,115 SF
- Acres
- 2.5178 ac
- Zoning
- NR-LM
- Zoning Description
- Light Manufacturing
- Tenant
- Reece
- Building Name
- 1 Claremont
- Floors
- 1
- Submarket
- North Valley
- Property Use Type
- Investment
- Property Status
- Existing
- Average Occupancy Rate
- 100
- Ceiling Height
- 26.5 - 27.5
- Nearest Interstate
- I-25/I-40
- Power Provider
- Private - PNM
- Water Provider
- City - ABCWUA
- Sewer Provider
- County - City of Albuquerque
- Natural Gas Provider
- Private - Gas Company of New Mexico
- County
- Bernalillo
- Created
- 2024-12-05
- Updated
- 2024-12-05
- Listing ID
- a0849b70
- Parcel APN
- 101405948149812911