Listing Agency: NAI SunVista - Albuquerque s***@sunvista.com Show Phone

Listed By: Shelly Branscom · License #46420 Show Phone

Source: Moodyscre

Added: Nov 15, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:04AM

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Investment Insights

Based on property information with market context.

This 5,480 square foot office space is located in the Sandia Science & Tech Park. The property offers close proximity to Kirtland AFB, Sandia Labs, and the ABQ International Sunport. It features dual sonic-ring fiber optics and secure building access. Furniture is included at no extra charge. The space includes a break room with an outdoor patio and offers mountain views.

Key Highlights

• Located in the Sandia Science & Tech Park
• Close proximity to Kirtland AFB, Sandia Labs and ABQ International Sunport
• Phenomenal mountain views

Property Analytics

Property Profile

Current Use

MediNatura Pharmacy

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Law Firm Big Box & Wholesale Store

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

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

144

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Albuquerque, NM

$16.49 /SF/Yr

Avg Asking Price

$1.1–$26 /SF/Yr

Price Range

51,834 SF

Avg Space Size

This space is priced 21% above the average of $16.49 /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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space for rent in Sandia Science & Tech Park.

Where is this office units located?

The property is located at 10421 Research Rd SE Albuquerque, NM.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Located in the Sandia Science & Tech Park; Close proximity to Kirtland AFB, Sandia Labs and ABQ International Sunport; Phenomenal mountain views