Active For Sale IndustrialRetail

Investment Opportunity

2507 Commercial St NE, Albuquerque, NM, 87107

ID 81c5492f

Overview

The lease runs through May 31, 2027 and has 2% annual increases in the rent. As you can see, the rent is very low for this market. Warehouse 14’6” Eaves 17’6” -24’ Centers, 1 10’x 10 x 2’8” Dock Door, 1 10’ x 10’ x 4’ High Dock Door, 1 10’ x 10’ x 2’ Dock Door, 1 10’ x 10’ Drive-in Doors. Approx. 8 paved on-site parking spaces with many street parking spaces. Cash or refinance are the terms terms offered for this property.

Additional Information

City
Albuquerque
State
NM
Zip Code
87107
Primary Uses
Industrial, Retail
Secondary Uses
Office Showroom, Warehouse/Distribution, Net Leased, Flex Space, Cannabis, Manufacturing, Warehouse/Office
Zoning
MX-M
Zoning Description
Mixed Use Moderate Intensity
Building Name
Builders Source
Floors
1
Parking Spaces
6
Tenant
BMD
Former Tenant
Builders Source
Average Occupancy Rate
100%