Industrial STNL Investment or Owner/User Property for Sale

For Sale

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 5311 Oakland Ave. NE, Albuquerque, NM 87113
  • Property Status: Closed
  • Sale Pricing: $780,000 ($120/SF)
  • Property Information:
    Size
    0.44 acres
    Property Type
    Industrial
    Property Description:

    Absolute Investment Realty has been selected as the exclusive representative of the owner of this national-credit, single-tenant net leased industrial property located at 5311 Oakland Ave, Albuquerque, NM 87113. This 11 year old property is located in one of the most desirable trade areas of Albuquerque. Harrington Industrial Plastics is private US based supplier of industrial plastic piping and has operated at this property since it was built in 2007. The building consists of approximately 20% office space and 80% warehouse space with 3 roll up garage doors. The property is fully paved with easy access to I-25. This property is an opportunity for an investor or owner user to acquire a well-maintained industrial property in a high-demand trade area. The buyer of this property can either negotiate a new lease at market rate with the existing tenant, or enjoy the income for the remainder of the term and re-let or occupy the property.

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