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Single-Tenant Industrial Warehouse

1617 Broadway Blvd NE, Albuquerque, NM 87102

For Lease
Contact for pricing

NR-LM zoning supports non-residential light manufacturing uses.

Space Size24,000 SF
Lot Size4.17 Acres
Days on Market19

Property Features for 1617 Broadway Blvd NE

General Information

Standard status Active
Size 24,000 SF
Net Rentable 24,000 SF
Lot size 4.17 Acres
Property subtype Industrial
Zoning NR-LM

Space & Availability

Available Space 24,000 SF
Contiguous Space 24,000 SF
Space Use Industrial

Lease Terms

Lease Rate $8 /SF/YR
Monthly Rent $16,000
Rent per SF/Year $8

Site & Location

Neighborhood Sbw

Warehouse & Industrial

Warehouse Space 20,800 SF
Office Build-Out 3,200 SF
Mezzanine 3,200 SF

Building Details

Building Size 24,000 SF
Tenancy Single

Spaces For Lease

at 1617 Broadway Blvd NE
1617 Broadway NE - Springer Industrial Center Active
Size 24,000 SF
Contact us
Listing Agency: Roger Cox & Associates Real Estate Brokerage
Listed By: Brian Anderson · License NM #18983
Source: Crexi
Added: Oct 23 Changed: Nov 8 Last Checked: Nov 8 at 4:02PM

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 Roger Cox & Associates Real Estate Brokerage

Rey
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Investment Insights

Based on property information with market context.

The Springer Industrial Center is a 24,000-square-foot industrial building offered as one tenant space. Its 20,800 square feet of warehouse area is complemented by 3,200 square feet of office space and a 3,200-square-foot mezzanine, providing a mix of work and administrative areas within the building.

The property occupies a 4.17-acre lot in Albuquerque, New Mexico, at 1617 Broadway Blvd NE. Zoning is NR-LM, designated for non-residential light manufacturing.

Key Highlights

  • 24,000 SF industrial building offered as a single‑tenant space
  • 20,800 SF of warehouse area
  • 3,200 SF of office space

Property Analytics

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

Current Use

Unisource Department Store Dalton Service Center Home Appliance Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Bakery Electrical Service Nail Salon Veterinary Clinic

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

Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Albuquerque, NM

$12.71 /SF/Yr
Avg Asking Price
$3.57–$52.13 /SF/Yr
Price Range
32,417 SF
Avg Space Size

This space is priced 37% below the average of $12.71 /SF/Yr.

Average Price Trend$/SF/Yr for Warehouses in Albuquerque, NM

$14.78 Jul
$12.22 Aug
$11.92 Sep
$12.64 Oct

Properties on Market for Warehouses in Albuquerque

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Storage Mobility — 2501 Karsten Ct SE, Albuquerque, NM 87102
  • Xtreme Storage Albuquerque — 100 Trumbull Ave SE, Albuquerque, NM 87102

Frequently Asked Questions

What type of property is this?
Warehouse - NR-LM zoning supports non-residential light manufacturing uses.
Where is this warehouse located?
The property is located at 1617 Broadway Blvd NE Albuquerque, NM.
What are key features of this property?
This property features: 24,000 SF industrial building offered as a single‑tenant space; 20,800 SF of warehouse area; 3,200 SF of office space
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Includes: Price & PSF · Cap rate · Location · Zoning

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