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2350 Alamo Ave SE, Albuquerque, NM

Two-story, 30,124 SF office building near Sunport/I-25 interchange.

Space Size1,635 SF
Lot Size5.91 Acres
Days on Market952

Property Features for 2350 Alamo Ave SE

General Information

Standard status Active
Size 1,635 SF
Lot size 5.91 Acres
Property subtype OFFICE
Lease Type Full Service

Spaces For Lease

at 2350 Alamo Ave SE
Newport III $13.50/SF/Yr
Floor 2
Size 1,635 SF
Type OFFICE
Lease Type FULL_SERVICE
Availability AVAILABLE, Now
Sublease No
Newport III Suite 200 is located along the south side of Alamo, approximately less than a quarter mile east of Yale Blvd. The 3-story building has 31,184 RSF with an aggregate concrete-style building. It is zoned SU-1 for IP uses. Excellent location; near the Albuquerque International Sunport.
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Listing Agency: Commercial Real Estate Services
Listed By: J. Richard Rivas
Source: Moodyscre
Added: Mar 22, 2024 Changed: Oct 25 Last Checked: Oct 28 at 7:57AM

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 Commercial Real Estate Services

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This two-story office building, constructed in 1975, contains 30,124 square feet. The property is located on the east side of Yale, offering convenient access to the Sunport and I-25 interchange. The building is currently leased to credit tenants. The property is located in a HUB Zone, which encourages economic development.

Key Highlights

  • Strong credit tenants already in place.
  • Located in a HUB Zone encouraging economic development.
  • Close proximity to Sunport/I‑25 interchange.

Property Analytics

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

Current Use

COSMIAC Research Foundation IDEAS Engineering & Technology Engineer Health Sciences Center Medical Clinic Dr. Scott R. ... Physician Acme Heat and Light ... Engineering Consultant

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Auto Repair Shop Nail Salon Pharmacy

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

571
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$19.64 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
58,218 SF
Avg Space Size

This space is priced 31% below the average of $19.64 /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 building - Two-story, 30,124 SF office building near Sunport/I-25 interchange.
Where is this office building located?
The property is located at 2350 Alamo Ave SE 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: Strong credit tenants already in place.; Located in a HUB Zone encouraging economic development.; Close proximity to Sunport/I‑25 interchange.
(505) 270-9775 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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