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Office Suite with 10 Offices
For Lease
$13.50 SF/Yr

119 Industrial Ave NE, Albuquerque, NM 87107

Expansive office suite with 10 offices, two conference rooms, a lounge and kitchen, plus dedicated storage rooms.

Space SizeContact for details
Days on Market135

Property Features for 119 Industrial Ave NE

General Information

Standard status Active
Total Parking Spaces 18
Property subtype Office
Zoning M-1
Lease Type NNN

Site & Location

Neighborhood Grg

Amenities

conference rooms
storage rooms
multi-purpose open room
lounge and kitchen area
secured reception area
dedicated parking lot
Vacant
18 Parking Spaces

Spaces For Lease

at 119 Industrial Ave NE
Available Space $13.50/Mo
Contact us
Listing Agency: Berkshire Hathaway NM Commercial Real Estate
Listed By: Christian File
Source: Carnm.resimplifi
Added: Jun 18 Changed: Oct 25 Last Checked: Oct 28 at 4:45AM

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 Berkshire Hathaway NM Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

This expansive office suite offers 6,456 square feet of flexible workspace designed for a range of business needs. The layout includes 10 offices, two conference rooms, and two dedicated storage rooms. In addition, there is a multi-purpose open room, along with a lounge and kitchen area, and a secured reception area at the front.

The property is situated in the North I-25 corridor and includes a dedicated parking lot intended to support convenient access for employees and clients.

Key Highlights

  • 6,456 SF office space in the North I‑25 corridor
  • Includes 10 offices and a secured reception area at the front
  • Two conference rooms plus a multi‑purpose open room for flexible workspace needs

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Odyssey Counseling Counselor Stacey Marentes-Arvizo Counselor Behind the Badge NM Charitable Organization American Sub Contractor ... Construction Company Rebecca Ramer Counselor

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Grocery & Convenience Store Computer & Electronic Repair

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
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

848
Businesses Nearby

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$26.39 /SF/Yr
Avg Asking Price
$3.3–$286 /SF/Yr
Price Range
20,900 SF
Avg Space Size

This space is priced 49% below the average of $26.39 /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

Frequently Asked Questions

What type of property is this?
Office unit - Expansive office suite with 10 offices, two conference rooms, a lounge and kitchen, plus dedicated storage rooms.
Where is this office unit located?
The property is located at 119 Industrial Ave NE Albuquerque, NM.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: 6,456 SF office space in the North I‑25 corridor; Includes 10 offices and a secured reception area at the front; Two conference rooms plus a multi‑purpose open room for flexible workspace needs
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