Listing Agency: CBRE | Albuquerque c***@cbre.com Show Phone

Listed By: Cindy Campos · License #NM48095 Show Phone

Source: Cbre

Added: Aug 19 Changed: Aug 20 Last Checked: Aug 20 at 9:28AM

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Investment Insights

Based on property information with market context.

Warehouse space is available at 1815 4th Street Northwest in Albuquerque, New Mexico 87102. The listed property size is 8,132, providing a substantial commercial space for prospective occupants.

Key Highlights

• Warehouse property at 1815 4th Street Northwest
• Listed property size of 8,132
• Located in Albuquerque, NM 87102

Property Analytics

Property Profile

Current Use

411 Equipment LLC Factory Venegas & Sons Auto ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Real Estate Agency Skin Care Clinic Bakery (Bike/Boat/Book/etc) Store Pet Grooming Service

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

$1.46 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,146

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

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

$13.36 /SF/Yr

Avg Asking Price

$4.62–$22.66 /SF/Yr

Price Range

28,737 SF

Avg Space Size

This space is priced 27% below the average of $13.36 /SF/Yr.

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Los Poblanos Warehouse — Albuquerque, NM 87102
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Frequently Asked Questions

What type of property is this?

Warehouse - Warehouse space is available at 1815 4th Street Northwest.

Where is this warehouse located?

The property is located at 1815 4th Street Northwest Albuquerque, NM.

What is the lease rate?

The lease rate is $9.75 SF/Yr.

What are key features of this property?

This property features: Warehouse property at 1815 4th Street Northwest; Listed property size of 8,132; Located in Albuquerque, NM 87102