Listing Agency: Berger Briggs Real Estate & Property Management v***@bergerbriggs.com Show Phone

Listed By: Dave Vincioni Show Phone

Source: Moodyscre

Added: Mar 27, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:55AM

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Investment Insights

Based on property information with market context.

This 10,000 square foot warehouse includes attached office space and is located in the Airport Market. The warehouse features 20-foot clear height ceilings, a sprinkler system, four docks, and two drive-in doors. The property also includes a fenced yard and 400 amp/120-240 volt/3-phase power. The lease rate is $11.50 per square foot per year, plus gas and electricity.

Key Highlights

• 10,000 SF Warehouse with Attached Office Space
• $11.50/SF/Year Lease Rate (Gas & Electricity ONLY)
• Benefit from 20 Foot Clear Height Ceilings

Property Analytics

Property Profile

Current Use

New Mexico Cactus ... Nightclub D'Ann L Brown ... Customs Broker American Medical Response Ambulance Service Team Worldwide ABQ Freight Service Narrow Road Transportation ... Trucking Company

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Storage Facility Carpet & Flooring Store Cafe & Coffee Shop

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

NNN (Triple Net)

Lease Type

$1.65 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

61

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Lease Benchmarks for Albuquerque, NM

$14.93 /SF/Yr

Avg Asking Price

$12–$22.66 /SF/Yr

Price Range

20,068 SF

Avg Space Size

This space is priced 26% below the average of $14.93 /SF/Yr.

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - 10,000 SF warehouse with office in Airport Market.

Where is this warehouse located?

The property is located at 3201 University Blvd SE Albuquerque, NM.

What is the lease rate?

The lease rate is $11 SF/Yr.

What are key features of this property?

This property features: 10,000 SF Warehouse with Attached Office Space; $11.50/SF/Year Lease Rate (Gas & Electricity ONLY); Benefit from **20 Foot Clear Height Ceilings**