Freestanding Two-Story Office
For Sale
Contact for pricing
1820 Randolph Rd SE, Albuquerque, NM 87106
Two-story freestanding office with an elevator and onsite parking, leased under a new seven-year NNN agreement.
Property SizeContact for details
Days on Market138
Property Features for 1820 Randolph Rd SE
General Information
Standard status
Active
Property subtype
Office
Additional Details
Opportunity Zone
Yes
Building Details
Stories
2
Tenancy
Single
Listing Agency:
Sentinel Real Estate & Investment
(505) 888-1500
Listed By:
Michael Contreras, CCIM · License #NM 8783 QB
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 8:25PM
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 Sentinel Real Estate & Investment
Investment Insights
Based on property information with market context.
This freestanding two-story office building includes an elevator and is situated on a large lot with good onsite parking. Owners have completed numerous upgrades, and recent maintenance includes repaving and re-striping of the parking lot.
The property is located in the Airport area just west of Yale Blvd and the Albuquerque Sunport. The owner entered into a new seven-year NNN lease with the City of Albuquerque; three years remain on the primary term, with two additional three-year renewal options. The lease includes 2% annual rent increases. Additional vacant land is located adjacent to the property to the west.
The property is located in the Airport area just west of Yale Blvd and the Albuquerque Sunport. The owner entered into a new seven-year NNN lease with the City of Albuquerque; three years remain on the primary term, with two additional three-year renewal options. The lease includes 2% annual rent increases. Additional vacant land is located adjacent to the property to the west.
Key Highlights
- Freestanding two‑story office building with elevator and onsite parking in the Airport area just west of Yale Blvd and the Albuquerque Sunport
- Owners completed many new upgrades, with recent repaving and re‑striping of the parking lot
- New seven‑year NNN lease with the City of Albuquerque in place; 3 years remain on the primary term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
651
Businesses Nearby
Explore this area
Business Placement
Demographics for 87106, NM
26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Two-story freestanding office with an elevator and onsite parking, leased under a new seven-year NNN agreement.
Where is this office building located?
The property is located at 1820 Randolph Rd SE Albuquerque, NM.
What are key features of this property?
This property features: Freestanding two‑story office building with elevator and onsite parking in the Airport area just west of Yale Blvd and the Albuquerque Sunport; Owners completed many new upgrades, with recent repaving and re‑striping of the parking lot; New seven‑year NNN lease with the City of Albuquerque in place; 3 years remain on the primary term
