2705 Juan Tabo Blvd NE Albuquerque, NM

Listing agency Sycamore Associates LLC m**@sycamore-associates.com Show Phone

Listed by Gregory F Leach Show Phone

Source Moodyscre

Added: Apr 17, 2025 Updated: Jul 6 at 9:29AM Checked: Jul 21 at 5:04AM

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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.

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FAQs

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 is the asking price?

The asking price for this property is $1,000,000.

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.