4333 Pan American Fwy NE, Albuquerque, NM
24,400 SF office building with great visibility and access.
- Added:
- Jul 7, 2025
- Days on Market:
- 344
- Last Refresh:
- May 20 at 8:24 pm
Property Features for 4333 Pan American Fwy NE
General Information
- Standard status
- Active
- Size
- 24,400 SF
- Lot size
- 1.49 Acres
- Property subtype
- OFFICE
Listing agent Dave Vincioni (505) 250-1277
Listing office Berger Briggs Real Estate & Property Management (505) 250-1277
Listing date Jul 7, 2025
Source Moodyscre
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 Berger Briggs Real Estate & Property Management
HighLights
- 100% Leased with Long Standing Tenants
- 2024 NOI = $387,933.17 (7.9% Cap Rate)
- Great Visibility & Access to I‑25 & I‑40
- Plenty of Front Door and Covered Parking (108 Spaces)
- Class A Office Building
- 24,400 SF Building on 1.4815 Acres of Land
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $527.0k | $21.60 |
| − Vacancy | −$94.9k | −$3.89 |
| EGI | $432.2k | $17.71 |
| − OpEx | −$108.0k | −$4.43 |
| NOI | $324.1k | $13.28 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.619
- Latitude
- 35.1281
