217 Sierra Dr SE

217 Sierra Dr SE, Albuquerque, NM 87108

Property Information

  • For Sale $345,000
  • Property Type Office
  • Property Size 2,052 SF
  • Lot Size 0.14 Acre
  • Year Built 1946
  • Date Updated Sep 15, 2026

Description

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% cap rate, this opportunity blends stability, location, and value—ideal for investors seeking dependable returns in a prime urban setting. Zoned MX-T.

Contacts

Location

Located at 217 Sierra Dr SE, Albuquerque, NM 87108, this property is part of the Southeast Heights neighborhood and Albuquerque market.

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