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    Stabilized Industrial Flex Space Available Title is generated by Realmo AI

    4200-4212 4th St NW, Albuquerque, NM

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    Industrial flex space for sale, excellent location, strong tenants.

    Type:INDUSTRIAL
    Property size:
    12,209 SF
    Lot size:
    0.81 Acres
    Price / SF:
    $163/SF
    Added:
    Mar 13, 2025
    Days on Market:
    471
    Last Refresh:
    May 20 at 9:34 pm

    Property Features for 4200-4212 4th St NW

    General Information

    Standard status
    Active
    Size
    12,209 SF
    Lot size
    0.81 Acres
    Property subtype
    INDUSTRIAL

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    Todd W Strickland
    Todd W Strickland

    Listing office NAI SunVista - Albuquerque

    Listing date Mar 13, 2025

    Source Moodyscre

    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

    HighLights

    • Stabilized at an impressive 8.5% cap rate
    • New 5‑year lease with anchor tenant in place
    • Priced significantly below replacement cost
    • Long‑term leases with strong‑credit users
    • All HVAC units replaced in 2023
    • All roofs replaced in 2023

    Overview

    This 12,209-square-foot industrial flex space is available for purchase. The property is stabilized at an 8.5% cap rate and features long-term leases with strong-credit tenants. All HVAC units and roofs were replaced in 2023, eliminating the need for near-term capital expenses. The location offers high visibility with approximately 17,200 cars passing per day. The property is less than 5 minutes from I-40 and I-25, providing convenient access. It also includes more than 20 parking spaces. The property has full access from 4th St. and San Lorenzo Ave. A new 5-year lease is in place with an anchor tenant. The property is priced significantly below replacement cost.

    Local Financial Insights For Flex RnD

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $175.8k $14.40
    − Vacancy −$8.8k −$0.72
    EGI $167.0k $13.68
    − OpEx −$58.5k −$4.79
    NOI $108.6k $8.89
    12,209 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.55M
    $1.36M – $1.81M (±1% cap)
    NOI $108,562 @ 7.0% cap · market cap 5.43%
    Second Best
    Industrial
    $1.05M
    $918.2K – $1.22M (±1% cap)
    NOI $73,455 @ 7.0% cap · market cap 3.67%
    Theoretical Best
    Office A
    $2.95M
    $2.58M – $3.45M (±1% cap)
    NOI $206,752 @ 7.0% cap · market cap 10.34%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Eventions Inc — 6220 Edith Blvd NE Ste G, Albuquerque, NM 87107
    • Bistro Box Catering — 5312 4th St NW, Albuquerque, NM 87107

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.643
    Latitude
    35.1262

    FAQs

    What type of property is this?
    Flex space - Industrial flex space for sale, excellent location, strong tenants.
    Where is this flex space located?
    The property is located at 4200-4212 4th St NW Albuquerque, NM.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Stabilized at an impressive 8.5% cap rate; New 5‑year lease with anchor tenant in place; Priced significantly below replacement cost
    (505) 450-1121 Call to check price and availability
    More about this property
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