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Downtown Office Building Suites
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400 Tijeras Ave NW, Albuquerque, NM 87102

Multiple office suites are available on several floors in Downtown Albuquerque’s core.

Property Size10,688 SF
Days on Market721

Property Features for 400 Tijeras Ave NW

General Information

Standard status Active
Size 10,688 SF
Property subtype OFFICE
Listing Agency: SVN/Walt Arnold Commercial Brokerage Inc
Listed By: Walt Arnold · License #9117
Source: Moodyscre
Added: Aug 9, 2024 Changed: Jul 25 Last Checked: Jul 29 at 1:54PM

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 SVN/Walt Arnold Commercial Brokerage Inc

Investment Insights

Based on property information with market context.

This downtown office building offers a range of available suites on multiple floors. The property includes substantial on-site mechanical and power support for data-center needs, including six Detroit diesel generators and 480-volt power serving data space. Equipment includes (22) 20-ton units on the 3rd-floor data space and (13) 20-ton CRAH units on the 4th-floor data space fed from a 500-ton chiller plant.

Located at 400 Tijeras Ave NW in Downtown Albuquerque, the property is positioned near local amenities including Hyatt Regency, Starbucks, multiple restaurants, Civic Plaza, and the Albuquerque Convention Center. The building has been recognized with the Kingsley Associates Excellence Award for tenant satisfaction and performance.

Suites and floor space are offered in a multi-floor configuration, providing flexibility for office tenants seeking space in the heart of Downtown Albuquerque.

Key Highlights

  • Premier office space in Downtown Albuquerque with multiple suites and square footage options on several floors.
  • Located in the center of the Downtown revitalization plan.
  • Nearby amenities include Hyatt Regency, Starbucks, multiple restaurants, Civic Plaza, and the Albuquerque Convention Center.

Property Analytics

Current Use

Molina Healthcare of New ... Medical Clinic Cyxtera Albuquerque Data ... Business To Business Service Bank of Albuquerque ATM Atm Sony Pictures Entertainment Theater & Performing Art Venue Greater Albuquerque Chamber ... Business Service Center

Suggested Use

Top Pick Dental Office HVAC Service Building Supply Big Box & Wholesale Store Garden Center 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

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,022
Businesses Nearby

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$20.02 /SF/Yr
Avg Asking Price
$14–$26 /SF/Yr
Price Range
95,084 SF
Avg Space Size

This space is priced 5% above the average of $20.02 /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
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Frequently Asked Questions

What type of property is this?
Office building - Multiple office suites are available on several floors in Downtown Albuquerque’s core.
Where is this office building located?
The property is located at 400 Tijeras Ave NW Albuquerque, NM.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Premier office space in Downtown Albuquerque with multiple suites and square footage options on several floors.; Located in the center of the Downtown revitalization plan.; Nearby amenities include Hyatt Regency, Starbucks, multiple restaurants, Civic Plaza, and the Albuquerque Convention Center.
(505) 269-9358 Call to check price and availability
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