Multi-Suite Mini Warehouse Complex

For Sale

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 4730 Jefferson St. NE Albuquerque, NM 87109
  • Property Status: Active
  • Sale Pricing: $1,200,000
  • Property Information:
    Cap Rate
    7
    Size
    +/-15000 SF
    Property Type
    Industrial
    Property Description:

    Absolute Investment Realty is proud to present this opportunity to purchase a rare fully-leased multi-tenant industrial complex located on Jefferson in the highly desirable North-I25 Corridor in Albuquerque, NM. The property consists of 2 buildings facing back to back with access via Lumber Ave and Jefferson Ave. The Building is currently fully occupied with a strong tenant mix of 6 different tenants all on month-to-month modified gross leases. Landlord responsibility is minimal. This property presents and excellent opportunity for a developer, owner, user or investor to own real estate in one of the most desirable trade areas in Albuquerque. Because the tenant’s are month-to-month, the new owner could either vacate the property to occupy or redevelop it, or move the tenants to a NNN type structure and capture significant upside.

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