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Industrial Flex and R&D Building
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10800 Gibson Blvd SE, Albuquerque, NM 87123

Class A industrial flex/R&D building at Sandia Science and Technology Park, fully leased on a triple-net basis.

Property Size72,784 SF
Days on Market119

Property Features for 10800 Gibson Blvd SE

General Information

Standard status Active
Size 72,784 SF
Property subtype Industrial
Occupancy 100%

Building Details

Tenancy Single
Listing Agency: Lee & Associates - Arizona
Listed By: Steve Gonzalez · License #AZ SA036193000
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 8:48PM

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 Lee & Associates - Arizona

Investment Insights

Based on property information with market context.

The property is a Class A industrial flex/R&D building consisting of approximately 72,784 square feet. It is located on the northeast corner of Gibson Boulevard SE and Innovation Parkway SE within the Sandia Science and Technology Park (SS&TP), a 340-acre master-planned technology community in Albuquerque, New Mexico.

The building is 100% leased by Theia Group, Inc. on a triple-net leased basis for a term of ten (10) years and three (3) months, expiring March 31, 2031. The lease includes annual rental escalations and renewal options. The property is presented as a location intended to support the tenant’s operations and provide room for growth within the SS&TP environment.

Key Highlights

  • Class A industrial flex/R&D building totaling approx. 72,784 SF in Albuquerque, NM.
  • Located on the northeast corner of Gibson Boulevard SE and Innovation Parkway SE within Sandia Science and Technology Park (SS&TP).
  • 100% leased to Theia Group, Inc. on a triple‑net basis.

Property Analytics

Current Use

BlueHalo Industrial Manufacturer

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage Kitchen & Bath Showroom

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Similar Off Market Nearby

  • Aramark 9901 Southern Blvd SE, Albuquerque, NM 87123

Frequently Asked Questions

What type of property is this?
Flex space - Class A industrial flex/R&D building at Sandia Science and Technology Park, fully leased on a triple-net basis.
Where is this flex space located?
The property is located at 10800 Gibson Blvd SE Albuquerque, NM.
What are key features of this property?
This property features: Class A industrial flex/R&D building totaling approx. 72,784 SF in Albuquerque, NM.; Located on the northeast corner of Gibson Boulevard SE and Innovation Parkway SE within Sandia Science and Technology Park (SS&TP).; 100% leased to Theia Group, Inc. on a triple‑net basis.
More about this property
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