- For Sale $545,710
- Property Type Industrial
- Property Size 4,961 SF
- Lot Size 2.3 Acre
- Zoning NR-LM
- Building Class C
- Year Built 1946
- Date Updated Sep 25, 2025
- Clear Height 18' - 18'
Description
Great bite size cash-flowing industrial investment with a multi state operator as a tenant. The lease term remaining is over 3.5 years ending May 1st, 2028 with renewals. The lease has 3% annual increases. The tenant has never been late on rent. The facility is in great shape and has been well maintained. Great opportunity for someone looking to park money and cashflow from day one.
Current 8.193% Cap Rate
•Currently Bringing in $3,725/MO Plus NNN's
• Below Market Rent
•Over 3.5 years left on lease
• Grade A Multi-State Tenant
• Epoxy seal on warehouse floors
• Food Storage and Distribution Approved Facility
• 4,461+/- SF of Warehouse
• 500+/- SF of Office Space
• Less than a mile from the I-25 and I-40
Interchange
• Loading Dock
• 12’ Roll Up Door
• 3-Phase Electrical Capacity
• 18’ Ceiling Height
False
Contacts
Berkshire Hathaway NM Commercial Real Estate
Location
Located at 1823 Commercial St NE Ste D, Albuquerque, NM 87102, this property is part of the Santa Barbara - Martineztown neighborhood and Albuquerque market.
Berkshire Hathaway NM Commercial Real Estate
