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Two-Story Office Building
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2350 Alamo Ave SE, Albuquerque, NM 87106

Full-service office property in a HUB Zone near Albuquerque International Airport and the I-25/I-40 interchange.

Property Size30,121 SF
Days on Market146

Property Features for 2350 Alamo Ave SE

General Information

Standard status Active
Size 30,121 SF
Net Rentable 30,121 SF
Property subtype Office
Occupancy 95%

Additional Details

Highway Access Yes

Building Details

Buildings 1
Stories 2
Building Size 30,121 SF
Tenancy Multi
Listing Agency: CRES - Commercial Real Estate Services
Listed By: J Richard Rivas · License #NM 19790
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 9:46AM

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 CRES - Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Newport III is a two-level office property at 2350 Alamo Ave SE in Albuquerque, New Mexico. The building contains 30,121 RSF and operates as a full-service office facility, providing an established setting for professional occupancy. Current leased occupancy is 94.6%, with credit tenants in place.

The property is positioned near Albuquerque International Airport and the interchange connecting I-25 with I-40. Its HUB Zone designation adds a specific federal location classification to the asset. The existing tenant base and substantial leased percentage provide clear operating context for evaluating this office building.

Key Highlights

  • 30,121 RSF two‑story office building
  • 94.6% leased to credit tenants
  • Full‑service office facility

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

94.6%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

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

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 building - Full-service office property in a HUB Zone near Albuquerque International Airport and the I-25/I-40 interchange.
Where is this office building located?
The property is located at 2350 Alamo Ave SE Albuquerque, NM.
What are key features of this property?
This property features: 30,121 RSF two‑story office building; 94.6% leased to credit tenants; Full‑service office facility
More about this property
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