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Centrally Located Flex/Industrial Space
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217-221 San Pedro Dr NE, Albuquerque, NM

Flex/industrial space for rent, near I-40 and Expo New Mexico.

Space Size5,358 SF
Lot Size2.06 Acres
Days on Market700

Property Features for 217-221 San Pedro Dr NE

General Information

Standard status Active
Size 5,358 SF
Lot size 2.06 Acres
Property subtype INDUSTRIAL

Spaces For Lease

at 217-221 San Pedro Dr NE
217 San Pedro Dr NE $2,250/Mo
Floor 1
Size 5,358 SF
Type INDUSTRIAL
Availability AVAILABLE, Now
Sublease No
- Centrally located just 4 minutes from I-40 - Dedicated parking in front with shared surplus parking behind the building - Near Expo New Mexico main entrance
Contact us
Listing Agency: NAI SunVista - Albuquerque
Listed By: Alexis Lovato · License #55026
Source: Moodyscre
Added: Nov 15, 2024 Changed: Oct 12 Last Checked: Oct 16 at 10:26AM

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 NAI SunVista - Albuquerque

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Investment Insights

Based on property information with market context.

This flex/industrial space, encompassing 5358 square feet, is centrally located approximately 4 minutes from I-40 and near the main entrance of Expo New Mexico. The property features dedicated parking in the front, with shared surplus parking available behind the building. The property is located at 217-221 San Pedro Dr NE, Albuquerque, NM.

Key Highlights

  • Centrally located just 4 minutes from I‑40
  • Dedicated parking in front
  • Shared surplus parking behind the building

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage Kitchen & Bath Showroom 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

NNN (Triple Net)
Lease Type
$0.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,659
Businesses Nearby
Under-served
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Albuquerque, NM

$13.16 /SF/Yr
Avg Asking Price
$7.92–$52.13 /SF/Yr
Price Range
26,616 SF
Avg Space Size

This space is priced 62% below the average of $13.16 /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

Frequently Asked Questions

What type of property is this?
Flex space - Flex/industrial space for rent, near I-40 and Expo New Mexico.
Where is this flex space located?
The property is located at 217-221 San Pedro Dr NE Albuquerque, NM.
What is the lease rate?
The lease rate is $2,250/Mo.
What are key features of this property?
This property features: Centrally located just 4 minutes from I‑40; Dedicated parking in front; Shared surplus parking behind the building
(505) 639-6433 Call to check price and availability
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