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217 Sierra Dr SE

217 Sierra Dr SE, 219 Sierra Dr. SE Albuquerque, NM 87108

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Overview

Prime Nob Hill Investment Opportunity Discover a fully renovated 2,000 SF commercial property located in the heart of Albuquerque’s sought-after Nob Hill district. This asset offers reliable cash flow with a long-term tenant in place and approximately four years remaining on a triple-net (NNN) lease—ensuring minimal owner responsibilities and predictable operating costs.  Nob Hill is one of Albuquerque's most vibrant and desirable submarkets, known for its walkability, eclectic charm, and strong tenant demand.  Priced affordably and delivering an attractive 8% cap rate, this opportunity blends stability, location, and value—ideal for investors seeking dependable returns in a prime urban setting!

For Sale

Office

Secondary Uses: Mixed Use

Sale Price
$345,000
Price Per SF
$172.5/SF
Building Size
2,000 SF
Acres
0.1377 ac
Zoning
MX-T
Zoning Description
Transition
Building Class
B
Parking Spaces
6
Submarket
University
Property Use Type
Net Leased (NNN)
Property Status
Existing
Average Occupancy Rate
100%
Power Provider
Private - PNM
Water Provider
City - City
Sewer Provider
City - City
Natural Gas Provider
Private - NM Gas
County
Bernalillo
Created
2025-06-05
Updated
2025-07-01
Listing ID
b4f343b6
Parcel APN
101705718616232804

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