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Well-Maintained Office Building
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1120 Pennsylvania St NE, Albuquerque, NM 87110

Beautifully maintained office building with abundant natural light, private offices, and open work areas.

Property Size4,146 SF
Days on Market143

Property Features for 1120 Pennsylvania St NE

General Information

Standard status Active
Size 4,146 SF
Property subtype OFFICE
Lease Type SF/yr

Additional Details

Highway Access Yes

Amenities

shared break room

Building Details

Tenancy Multi
Listing Agency: NAI SunVista - Albuquerque
Listed By: Shelly Branscom · License #46420
Source: Moodyscre
Added: Mar 10 Changed: Jul 26 Last Checked: Jul 29 at 2:51PM

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 NAI SunVista - Albuquerque

Investment Insights

Based on property information with market context.

This beautifully maintained office building offers an efficient office mix of private offices and open areas for focused work and collaboration, with an abundance of natural light throughout. The space also includes a shared break room.

Located on the fringe of Uptown near I-40, it provides quick access to ABQ Uptown and nearby shopping and amenities along Coronado and Winrock.

The overall environment is supported by a professional tenant mix designed to maintain a quiet, business-oriented setting.

Key Highlights

  • Beautifully maintained office building with abundant natural light
  • Office layout includes private offices plus open areas for focused work and collaboration
  • Shared break room included

Property Analytics

Current Use

Apex Insurance Agency Insurance Agency Companion Care Home Health Care Service Consumer Direct Care ... Home Health Care Service

Suggested Use

Top Pick Nail Salon Building Supply Bakery Parking Lot & Garage Storage Facility Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,974
Businesses Nearby

Demographics for 87110, NM

38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$20.02 /SF/Yr
Avg Asking Price
$14–$26 /SF/Yr
Price Range
95,084 SF
Avg Space Size

This space is priced 25% below the average of $20.02 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Beautifully maintained office building with abundant natural light, private offices, and open work areas.
Where is this office building located?
The property is located at 1120 Pennsylvania St NE Albuquerque, NM.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Beautifully maintained office building with abundant natural light; Office layout includes private offices plus open areas for focused work and collaboration; Shared break room included
(505) 414-2669 Call to check price and availability
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