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Retail/Office For Sale

For Sale

 

Location Map
  • Brokers:
    Name
    Consuelo Horne
    Email
    consuelo@go-absolute.net
    Phone
    505-730-7395
  • Address: 1600 Eubank Blvd. NE Albuquerque, NM 87112
  • Property Status: Closed
  • Property Information:
    Property Description:

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Owner/User or Investment Opportunity

For Sale

 

Location Map
  • Brokers:
    Name
    Jeremy Nelson
    Email
    jeremy@go-absolute.net
    Phone
    505-610-1655
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 3420 & 3500 Constitution Ave. NE Albuquerque, NM 87106
  • Property Status: Closed
  • Sale Pricing: $550,000
  • Property Information:
    Cap Rate
    10.17
    Size
    +/-5,153 SF
    Property Type
    Office/Retail
    MX-L
    Property Description:

    Absolute Investment Realty is proud to present this opportunity to purchase a mid-century modern multi-tenant office building just minutes from the University of New Mexico Hospital, Law School and Medical School. Located in a dense and higher income neighborhood, the location is ideal for an owner user or investor to acquire an extremely well maintained and updated office building in the UNM/Midtown area. Located in close proximity to many amenities and just ½ mile from I-40, the property offers a quiet residential feel while also promoting good occupancy with it’s mature landscaping, great access and limited area vacancy. The property, well below replacement cost, is an ideal investment in a stable and desirable area.

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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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Boy Scouts-Absolute NNN Sale Leaseback Opportunity

For Sale

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 5841 Office Blvd. NE, Albuquerque, NM 87109
  • Property Status: Closed
  • Sale Pricing: $1,477,000
  • Property Information:
    Cap Rate
    6.50%
    Size
    1.02 acres
    Lease Type
    NNN
    Building Size
    +/-8,000 SF
    Property Description:

    Absolute Investment Realty has been selected as the exclusive representative of the owner of this rare opportunity to own a 10-year sale leaseback with the Great Southwest Council Boy Scouts of America which was founded in 1924 to serve New Mexico, Southern Colorado, South East Utah, and North East Arizona. The property is located at 5841 Office Blvd. NE, Albuqueqrue, NM 87109. The Boy Scouts commissioned this purpose built building in 1985 to serve as their regional headquarters. The property currently serves as their main office and scouting supply retail outlet. The property is located in the North I-25 Corridor of Albuquerque, which is one of the most desirable office/industrial trade areas in the state of NM. The well maintained +/- 8,000 SF building is configured with approximately 5,000 SF of office space and approximately 3,000 SF of retail space which is leased to Boy Scouts of America as a scouting supply retail outlet. The 1.02 acres property has ample parking and excess land for future expansion.

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West Central Industrial Vacant Land for Sale

For Sale

 

Location Map
  • Brokers:
    Name
    Rita Cordova
    Email
    rita@go-absolute.net
    Phone
    505-489-8538
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 110th and Central SW, Albuquerque, NM 87121
  • Property Status: Closed
  • Sale Pricing: $731,808 ($4/SF)
  • Property Information:
    Property Description:

    This Property is located just south of Interstate 40, and West of 98th street. It is near by some of the city’s government department sites including, Albuquerque Fire Department, Animal Welfare and the Emergency Management office. There are many homes and subdivisions close by as well as gas stations and restaurants just a little way further up Central Ave. including McDonald’s, Church’s Chicken, Denny\'s, Burger King and Jack in The Box. It is located toward the west end of Albuquerque, close to travel shops such as Loves\' Truck Stop and American RV Park for those traveling to and from the city. SD-WC-CLI Zoning incorporates many uses based upon the County’s existing C-LI and C-2 Zoning. Permissive uses include Hotels, Motels, Resorts, Drive In Restaurants, Truck Plaza, Automotive Sales including Auto Body Repair, Rental and Storage as well as Camp Grounds.

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Industrial Zone Land for Sale or Lease

For Lease and Sale

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
    Name
    Rita Cordova
    Email
    rita@go-absolute.net
    Phone
    505-489-8538
  • Address: 9521 - 9525 Central Ave. NW, Albuquerque, NM 87121
  • Property Status: Closed
  • Sale Pricing: $2,502,000
  • Lease Pricing: $9,500.00
  • Property Information:
    Size
    3200 SF
    Property Description:

    Absolute Investment Realty has been selected to exclusively represent the owner in the sale of 9521 -9525 Central Ave. NW. The property is located at the gateway of the under-served South West Mesa population. Positioned on the major arterial to the signalized intersection of Central Ave. and 98th trade area, which includes a centrally located multi-tenant shopping center in one of the fastest growing areas in Albuquerque. Current area tenants include, McDonald’s, Auto Zone, Mesquite Market, Valero, a Microtel by Wyndham, and Rout 66 Self Storage. Building ±3,200 SF with drive in bay door, drainage and ±16Ft high ceilings. Previously used as a maintenance shop for Industrial Harvester. Strong fast food and convenience store location with utilities to the site and a signalized intersection. The area is part of the West Route 66 Sector Development Plan. SU-PDA Planned Development Area (City of Albuquerque). Current zoning – NR-BP(Non Residential Business Park) formerly zoned SU-2 IP.

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Murphy Express Gas Station

For Sale

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 1358 Wyoming Blvd. NE, Albuquerque, NM 87112
  • Property Status: Closed
  • Sale Pricing: $1,800,000
  • Property Information:
    Lease Type
    NNN
    Property Description:

    Absolute Investment Realty has been chosen as the exclusive representative for the sale of this Absolute NNN Leased investment property. The Tenant, Murphy Oil USA, Inc. USA (Moody’s Ba1 credit rating; BB+ S&P credit rating) has executed a 20 year ground lease for the property where it will build and operate a gas station and convenience store with a license to sell package alcohol. The tenant is responsible for all development and construction of the property. The 20 year lease term will commence the earlier of either the day the tenant opens for business or 4/18/2018. The rent increases 10% every 5 years for the duration of the initial term and all option terms. The property is located just north of a freeway on/off ramp on a primary corridor in one of the most desirable trade areas of Albuquerque. Walmart, 3 regional malls and a regional hospital are all located within a 1 mile radius from the property. As of October 20, 2017 the tenant has completed approximately one year of due-diligence, waived all contingences and is in the process of finalizing it’s permits to develop the property. Additionally, the tenant has acquired a liquor license and has completed the lengthy approval process to sell package liquor. In New Mexico, a retailer package liquor license is typically a significant investment in both time and money, emphasizing the tenant’s commitment to the location.

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East Nob Hill Restaurant for Lease

For Lease

 

Location Map
  • Brokers:
    Name
    Alfredo Barrenechea
    Email
    alfredo@go-absolute.net
    Phone
    505-401-0135
  • Address: 4214 Central Ave. SE Albuquerque, NM 87108
  • Property Status: Closed
  • Property Information:
    Size
    0.57 acres
    Lease Type
    NNN
    Property Type
    restaurant
    Parking Spaces
    30
    Property Description:

    Absolute Investment Realty has been selected as the exclusive representative of the owner of 4214 Central Ave. SE Albuquerque, NM 87108, a restaurant ready space located in Nob Hill, Albuquerque’s trendy shopping and dining district. The property is a few feet from an ART stop and across from two of Albuquerque’s newest mixed us projects. The building was recently remodeled with high-end finishes throughout and is restaurant ready with the majority of restaurant infrastructure in place including floor drains, hood & ventilation system, and bar. Included with the lease is approximately 24 additional parking stalls located just south of the building. The spacious dining area features large store-front glass and a private dining area for large parties or events. This is a rare opportunity for a restaurant in one of the most desirable trade areas of Albuquerque

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East Nob Hill Office for Sale

For Sale

 

Location Map
  • Brokers:
    Name
    Rita Cordova
    Email
    rita@go-absolute.net
    Phone
    505-489-8538
  • Address: 126 Quincy St. NE 87108
  • Property Status: Closed
  • Sale Pricing: $125,000
  • Property Information:
    Size
    1570 SF
    CCR-3
    Property Description:

    Located directly off Quincy, and just north of Central, this property is an easily accessible location from all directions. Being previously utilized as a successful massage therapy office for 36 years as Vitality Works, the property has great potential to be used as a chiropractor’s office or a dental office due to the layout of the 6 private offices with plumbing and a secured reception area. Owner could potentially buy property and lease out separate rooms to individual massage therapists. Property has plumbing that can be accessed in every room. Central heating with swap cooler. Property has large shared parking lot.

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Affordable Office Space in Excellent Neighborhood

For Lease

 

Location Map
  • Brokers:
    Name
    Tosh Hoshino
    Email
    tosh@go-absolute.net
    Phone
    5058030387
    Name
    Rita Cordova
    Email
    rita@go-absolute.net
    Phone
    505-489-8538
  • Address: 3420-3450 Constitution Ave. NE, Albuquerque, NM 87106
  • Property Status: Closed
  • Property Information:
    Lease Type
    Modified Gross
    Property Type
    Office Space
    Property Description:

    Affordable office space in excellent neighborhood. Each suite has private access, signage and flexible lease terms. Located just minutes from the University of New Mexico Hospital and The University, this location offers the nicest office space available in the area. With dense surrounding demographics, the space is idea for medical, clinical or financial services. Located across the street from one of Smith\'s Grocery Store’s busiest locations in the city and just South of Whole Foods, the area has a proved record of success. Just off the signalized corner of Constitution and Carlisle, the property has full turn access on constitution which allows for ease of traffic flow.

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