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

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!
Attachments
For Sale
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