Marble Brewery NNN
For Sale
Contact for pricing
111 Marble Ave NW, Albuquerque, NM 87102
Three-parcel downtown campus with an absolute NNN master lease and mixed-use light manufacturing zoning.
Property Size19,793 SF
Lot Size0.97 Acres
Price / SF$386.50
Days on Market16
Property Features for 111 Marble Ave NW
General Information
Standard status
Active
Size
19,793 SF
Lot size
0.97 Acres
Property subtype
Retail
Zoning
Non-Residential Light Manufacturing (NR-LM), Mixed-Use Moderate Intensity (MX-M)
Lease Type
Absolute Net
Investment Type
Sale/Leaseback
Net Operating Income
$612,000
Additional Details
Cap Rate
8%
Building Details
Year Built
1908
Year Renovated
2018
Buildings
2
Stories
2
Tenancy
Single
Building Size
19,793 SF
Listing Agency:
Real Estate Advisors LLC
(505) 577-3524
Listed By:
Jacob Rocker · License #NM 52736
Source:
Crexi
Added: Aug 14
Changed: Aug 28
Last Checked: Aug 28 at 10:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Advisors LLC
Investment Insights
Based on property information with market context.
The Marble Brewery real estate campus comprises three parcels totaling 42,310 square feet of land and 19,793 square feet of building area. The improvements date to 1908 and are subject to a 20-year Absolute NNN master lease with a corporate guaranty. Under the lease structure, the tenant is responsible for taxes, insurance, utilities, maintenance, and structural obligations.
Located in Downtown Albuquerque, the property is zoned Non-Residential Light Manufacturing (NR-LM) and Mixed-Use Moderate Intensity (MX-M). The assembly also includes a 7,000-square-foot vacant parcel that could accommodate an approximately 5,000-square-foot warehouse building. The tenant has indicated interest in leasing that future building under a pre-negotiated lease arrangement upon completion.
Located in Downtown Albuquerque, the property is zoned Non-Residential Light Manufacturing (NR-LM) and Mixed-Use Moderate Intensity (MX-M). The assembly also includes a 7,000-square-foot vacant parcel that could accommodate an approximately 5,000-square-foot warehouse building. The tenant has indicated interest in leasing that future building under a pre-negotiated lease arrangement upon completion.
Key Highlights
- 42,310 square feet of land across a three‑parcel assembly
- 19,793 square feet of building area; improvements date to 1908
- 20‑year Absolute NNN master lease with corporate lease guaranty
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,769
Businesses Nearby
Explore this area
Business Placement
Demographics for 87102, NM
20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Three-parcel downtown campus with an absolute NNN master lease and mixed-use light manufacturing zoning.
Where is this nnn property located?
The property is located at 111 Marble Ave NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $7,650,000.
What are key features of this property?
This property features: 42,310 square feet of land across a three‑parcel assembly; 19,793 square feet of building area; improvements date to 1908; 20‑year Absolute NNN master lease with corporate lease guaranty
