Blanca Square Investment
For Sale
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2705 Juan Tabo Blvd NE, Albuquerque, NM 87112
9,571 SF office property with 95% occupancy.
Property Size9,571 SF
Price / SF$0.00
Days on Market333
Property Features for 2705 Juan Tabo Blvd NE
General Information
Standard status
Active
Size
9,571 SF
Total Parking Spaces
44
Property subtype
Investment
Zoning
MX-L
Lease Type
NNN
Amenities
44 Parking Spaces
Listing Agency:
Sycamore Associates,LLC
Listed By:
Gregory Leach
(505) 345-5075
Source:
Carnm.resimplifi
Added: Nov 24, 2025
Changed: Oct 12
Last Checked: Oct 23 at 3:25AM
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 Sycamore Associates,LLC
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Investment Insights
Based on property information with market context.
This property, known as Blanca Square, features 9,571 square feet of space spread across three buildings, situated on 0.8448 acres. Zoned MX-L (Mixed Use – Low Intensity), the property boasts a 95% occupancy rate with only one vacant unit. The net operating income is reported as $108,072.00, with a cap rate of 7.7%. The property benefits from short-term leases, offering flexibility and potential for lease renegotiation. Its location in a high-traffic area attracts a diverse mix of tenants, contributing to its stable income and solid occupancy rate.
Key Highlights
- High Occupancy Rate: 95% occupancy provides stable income.
- Strong Net Operating Income: $108,072.00 NOI indicates a profitable investment.
- Attractive CAP Rate: 7.7% CAP rate signifies a good return on investment.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,141
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,542,820
$2.5M
Cap Rate 7%
$1,816,300
$1.8M
Cap Rate 9%
$1,412,678
$1.4M
Market Conditions
NOI Build-Up for 9,571 SF
Gross rent
$206.7K $21.60/SF
− Vacancy
−$37.2K −$3.89/SF
EGI
$169.5K $17.71/SF
− OpEx
−$42.4K −$4.43/SF
NOI
$127.1K $13.28/SF
Area
Albuquerque, NM
Vacancy
18.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,542,820
Cap Rate 7%
$1,816,300
Cap Rate 9%
$1,412,678
Alternative Uses
Best Use
Office B
$1.82M
$1.59M – $2.12M
NOI $127,141 @ 7.0% cap · market cap 847,606.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,079 @ 7.0% cap · market cap 1,080,526.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Explore this area
Business Placement
Demographics for 87112, NM
42,487
Population
20,083
Households
2.1
Avg Household Size
42
Median Age
38%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
5,245
Density / Sq Mi
$69,610
Median Household Income
$41,427
Median Earnings
$1,056
Median Rent
$254,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - 9,571 SF office property with 95% occupancy.
Where is this office building located?
The property is located at 2705 Juan Tabo Blvd NE Albuquerque, NM.
What are key features of this property?
This property features: High Occupancy Rate: 95% occupancy provides stable income.; Strong Net Operating Income: $108,072.00 NOI indicates a profitable investment.; Attractive CAP Rate: 7.7% CAP rate signifies a good return on investment.
