Class A Multi-Tenant Office
For Sale
Contact for pricing
4101 Indian School Rd NE, Albuquerque, NM 87110
Professional office property with underground parking, secure storage, and on-site security.
Property Size109,504 SF
Price / SF$0.00
Days on Market212
Property Features for 4101 Indian School Rd NE
General Information
Standard status
Active
Size
109,504 SF
Class
Class A
Property subtype
Office
Zoning
MX-T
Site & Location
Neighborhood
Ata
Highway Access
Yes
Amenities
panoramic views
underground parking
on-site security & secure storage
abundance of restaurants within a 5 minute drive
adjacent to NEW Whole Foods shopping center
Building Details
Year Built
2000
Building Size
109,504 SF
Tenancy
Multi
Listing Agency:
Argus Investment Realty
Listed By:
Stacey Nenninger · License #30637AB
(505) 855-7608
Source:
Carnm.resimplifi
Added: Apr 2
Changed: Oct 28
Last Checked: Oct 28 at 4:47AM
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 Argus Investment Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 109,504 SF office property at 4101 Indian School Rd is configured for multiple tenants and identified as a Class A office building. The improvements include underground parking, on-site security, and secure storage. The building also offers panoramic views.
The property has frontage along I-40 and is adjacent to a new Whole Foods shopping center. Restaurants are located within a 5-minute drive, while the Indian School Road address provides access to the broader Albuquerque area.
The property has frontage along I-40 and is adjacent to a new Whole Foods shopping center. Restaurants are located within a 5-minute drive, while the Indian School Road address provides access to the broader Albuquerque area.
Key Highlights
- 109,504 SF multi‑tenant office project
- Class A office building with panoramic views
- Frontage along I‑40 at 4101 Indian School Rd
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,454,651
Suggested Prices Based on Cap Rates
Cap Rate 5%
$29,093,020
$29.1M
Cap Rate 7%
$20,780,729
$20.8M
Cap Rate 9%
$16,162,789
$16.2M
Market Conditions
NOI Build-Up for 109,504 SF
Gross rent
$2.37M $21.60/SF
− Vacancy
−$425.8K −$3.89/SF
EGI
$1.94M $17.71/SF
− OpEx
−$484.9K −$4.43/SF
NOI
$1.45M $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%
$29,093,020
Cap Rate 7%
$20,780,729
Cap Rate 9%
$16,162,789
Alternative Uses
Best Use
Office B
$20.78M
$18.18M – $24.24M
NOI $1,454,651 @ 7.0% cap · market cap 6,190,004.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$26.49M
$23.18M – $30.91M
NOI $1,854,385 @ 7.0% cap · market cap 7,891,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,173
Businesses Nearby
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Business Placement
Demographics for 87110, NM
38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value
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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 - Professional office property with underground parking, secure storage, and on-site security.
Where is this office building located?
The property is located at 4101 Indian School Rd NE Albuquerque, NM.
What are key features of this property?
This property features: 109,504 SF multi‑tenant office project; Class A office building with panoramic views; Frontage along I‑40 at 4101 Indian School Rd
