Active For Sale Industrial

1501 12th St NW

1501 12th St NW, Albuquerque, NM, 87104

ID 8f48e8b2

Overview

Positioned in the heart of Albuquerque’s 12th Street corridor, 1501 12th St NW presents a rare opportunity to acquire ±45,220 SF of versatile industrial space within a federally designated Opportunity Zone, offering potential tax incentive and long-term growth upside.Situated on 1.15 acres and supported by 3-phase power (equipped with 1,600 amps at 240 volts and 600 amps at 480 volts) offering a versatile and unusually powerful electrical setup suitable for energy-intensive operations. One loading dock, eight roll-up doors, expansive clear-span areas, and both on-site and overflow parking, this property lends itself to a wide range of industrial, manufacturing, distribution, or specialty-use operations. Sprinkler system and floor drains installed and glycol chilled cooling available. Its proximity to Interstate 40 makes logistics and regional connectivity seamless.A Flexible Acquisition for Multiple Buyer Profiles• Owner-User AdvantageWith warehouse, production, and guest-facing spaces already demised, this asset allows an operator to immediately establish or expand operations in a central, high-visibility corridor. Positioned in an Opportunity Zone, owner-users can capitalize on potential tax incentives while controlling their long-term occupancy costs.• Investment OpportunityInvestors will appreciate the building’s scale, urban-core location, zoning flexibility (NR-BP), and strong fundamentals. The property’s size, parking capacity, and layout create excellent repositioning or redevelopment potential especially given the momentum in the Sawmill and Rail Trail districts.• Sale–Leaseback PotentialThe current ownership is open to a sale-leaseback structure, providing the buyer with an immediate, stabilized income stream backed by an existing user. This structure reduces downtime, minimizes risk, and delivers predictable cash flow from day one.  

Available Spaces

Available Space

Available SF
17,694 SF
Rate
$8.50 SF/Year
Status
Available

Additional Information

City
Albuquerque
State
NM
Zip Code
87104
Primary Uses
Industrial
Secondary Uses
Warehouse/Distribution, Manufacturing, Warehouse/Office
Zoning Description
Business Park
Building Class
B
Floors
2
Year Built
1,945
Parking Ratio
0.73
Parking Spaces
66
Minimum Ceiling Height
14
Warehouse SF
45,220 SF
Average Occupancy Rate
60%