Listing Agency: Commercial Real Estate Services Show Phone

Listed By: J. Richard Rivas Show Phone

Source: Moodyscre

Added: Mar 22, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:47AM

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Investment Insights

Based on property information with market context.

This industrial space is located on Princeton Drive NE, between Comanche Road and Candelaria Street, offering convenient access to I-25. The property features 12-foot overhead doors. Comcast is available. The tenant is responsible for gas, electric, water, janitorial services, and maintenance. The property size is 2,724 square feet.

Key Highlights

• Easy access to I‑25.
• Features 12' overhead doors.
• No common area maintenance (CAM).

Property Analytics

Property Profile

Current Use

HOME OF THE SAVAGE ATHLETE Gym & Fitness Center Viking II Training Center Accelerated Achievements Advertising Agency Icee Co Big Box & Wholesale Store Scoggin Mechanical Industries, ... General Contractor

Suggested Use

Top Pick Dental Office Veterinary Clinic Bakery (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith

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

$1.95 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

622

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Lease Benchmarks for Albuquerque, NM

$89.94 /SF/Yr

Avg Asking Price

$13.5–$141 /SF/Yr

Price Range

9,314 SF

Avg Space Size

This space is priced 86% below the average of $89.94 /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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Industrial space with easy access to I-25.

Where is this flex space located?

The property is located at 3300 Princeton Dr NE Albuquerque, NM.

What is the lease rate?

The lease rate is $13 SF/Yr.

What are key features of this property?

This property features: Easy access to I‑25.; Features 12' overhead doors.; No common area maintenance (CAM).