608 General Chenault SE, Albuquerque, NM
12,540 SF warehouse with office space near Kirtland AFB.
- Added:
- Mar 12, 2025
- Days on Market:
- 472
- Last Refresh:
- May 20 at 9:06 pm
Property Features for 608 General Chenault SE
General Information
- Standard status
- Active
- Size
- 12,540 SF
- Lot size
- 1.03 Acres
- Property subtype
- INDUSTRIAL
Listing office NAI SunVista - Albuquerque (505) 379-1549
Listing date Mar 12, 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
- Less than 5 minutes from Kirtland AFB, I‑40, and ABQ International Airport
- ±11,915 SF Warehouse with ±625 SF Office
- Multiple overhead doors (4 – 14’ high, 2 – 12’ high, 1 – 8’ high)
- Entire site is fenced with 2 electronic access gates and 1 manual access gate
- 3‑phase power
- Clear height: 9.5’ – 16’
Overview
Local Financial Insights For Warehouse
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 | $105.3k | $8.40 |
| − Vacancy | −$4.2k | −$0.34 |
| EGI | $101.1k | $8.06 |
| − OpEx | −$15.2k | −$1.21 |
| NOI | $86.0k | $6.85 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Xtreme Storage Albuquerque — 100 Trumbull Ave SE, Albuquerque, NM 87102
Map
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.647
- Latitude
- 35.072
