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Office Suite in 3-Story Building
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2350 Alamo Ave SE, Albuquerque, NM 87106

Suite 200 is in a 3-story office building zoned SU-1 for IP uses along Alamo Ave.

Property Size1,635 SF
Days on Market861

Property Features for 2350 Alamo Ave SE

General Information

Standard status Active
Size 1,635 SF
Property subtype OFFICE
Zoning SU-1
Lease Type SF/yr

Building Details

Stories 3
Building Size 31,184 SF
Construction aggregate concrete
Listing Agency: Commercial Real Estate Services
Listed By: J. Richard Rivas
Source: Moodyscre
Added: Mar 22, 2024 Changed: Jul 29 Last Checked: Jul 30 at 10:08AM

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 Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Newport III Suite 200 is located in a 3-story office building with an aggregate concrete-style construction. The offering is for an individual office suite within the building.

The building sits along the south side of Alamo Ave, approximately less than a quarter mile east of Yale Blvd, and it is near the Albuquerque International Sunport. The property is zoned SU-1 for IP uses.

The suite is part of a larger office asset totaling 31,184 RSF for the building, providing a established multi-level office environment for prospective tenants.

Key Highlights

  • Suite 200 in a 3‑story office building on the south side of Alamo Ave
  • Building size totals 31,184 RSF
  • Concrete‑style building (aggregate concrete‑style)

Property Analytics

Current Use

COSMIAC Research Foundation IDEAS Engineering & Technology Engineer Health Sciences Center Medical Clinic Dr. Scott R. ... Physician Acme Heat and Light ... Engineering Consultant

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Auto Repair Shop Pharmacy Electrical 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
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

571
Businesses Nearby

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

Lease Benchmarks for Albuquerque, NM

$16.49 /SF/Yr
Avg Asking Price
$1.1–$26 /SF/Yr
Price Range
51,834 SF
Avg Space Size

This space is priced 18% below the average of $16.49 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Suite 200 is in a 3-story office building zoned SU-1 for IP uses along Alamo Ave.
Where is this office units located?
The property is located at 2350 Alamo Ave SE Albuquerque, NM.
What is the lease rate?
The lease rate is $13.50 SF/Yr.
What are key features of this property?
This property features: Suite 200 in a 3‑story office building on the south side of Alamo Ave; Building size totals 31,184 RSF; Concrete‑style building (aggregate concrete‑style)
(505) 270-9775 Call to check price and availability
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