Active For Sale Office

217 Sierra Dr SE

217 Sierra Dr SE, Albuquerque, NM, 87108

ID b4f343b6

Overview

Prime Nob Hill Investment Opportunity Discover a fully renovated 2,000 SF commercial property located in the heart of Albuquerque’s sought-after Nob Hill district. This asset offers reliable cash flow with a long-term tenant in place and approximately four years remaining on a triple-net (NNN) lease—ensuring minimal owner responsibilities and predictable operating costs.  Nob Hill is one of Albuquerque's most vibrant and desirable submarkets, known for its walkability, eclectic charm, and strong tenant demand.  Priced affordably and delivering an attractive 8.2% cap rate, this opportunity blends stability, location, and value—ideal for investors seeking dependable returns in a prime urban setting!

Additional Information

City
Albuquerque
State
NM
Zip Code
87108
Primary Uses
Office
Secondary Uses
Mixed Use
Zoning
MX-T
Zoning Description
Transition
Building Class
B
Parking Spaces
6
Average Occupancy Rate
100%