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Renovated Office-Warehouse Flex Building

4373 Alexander Boulevard Northeast, Albuquerque, NM 87107

For Lease
Contact for pricing

A flexible floor plan pairs substantial office space with a dock-served warehouse bay.

Space Size103,951 SF
Lot Size7.96 Acres
Days on Market30

Property Features for 4373 Alexander Boulevard Northeast

General Information

Standard status Active
Size 103,951 SF
Net Rentable 103,951 SF
Total Parking Spaces 500
Lot size 7.96 Acres
Property subtype Industrial, Office
Zoning NR-GM
Lease Type NNN

Space & Availability

Available Space 103,951 SF
Contiguous Space 103,951 SF
Floor 1
Space Use Flex
Sublease No
Available From Immediate

Lease Terms

Lease Rate $15 /SF/YR
Monthly Rent $129,938
Rent per SF/Year $15
Lease Term 120 months
Flexible Term Yes

Site & Location

Neighborhood Nec
Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 22 ft
Warehouse Space 13,951 SF
Office Build-Out 90,000 SF

Amenities

redundant fiber
diesel backup generator

Building Details

Year Renovated 2020
Buildings 1
Stories 1
Building Size 103,951 SF
Construction tilt-up concrete

Spaces For Lease

at 4373 Alexander Boulevard Northeast
#1 Active
Size 103,951 SF
Contact us
Listing Agency: Real Estate Advisors LLC
Listed By: Tom Jenkins · License NM #13292
Source: Crexi
Added: Oct 12 Changed: Nov 8 Last Checked: Nov 10 at 7:10AM

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 Real Estate Advisors LLC

Rey
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Investment Insights

Based on property information with market context.

This 103,951 SF single-story flex property occupies 7.96 acres and currently contains approximately 90,000 SF of office space alongside a 13,951 SF warehouse bay with an operational loading dock. Office features include an open bullpen, private offices, training and conference rooms, reception, break rooms, and a raised-floor IT room. The building was renovated in 2019-2020, including HVAC and electrical upgrades, new windows, roof resurfacing, and interior finishes. Redundant fiber and a diesel backup generator are in place; existing furniture may be available or removed.

Industrial construction includes 22' clear height, 40'+ column bays, and a reinforced slab. NR-GM zoning supports flexibility in the office-to-warehouse configuration, including potential lab or light-industrial space. The property has frontage on three sides and 500 parking spaces. It is within half a mile of the Comanche and Montano I-25 interchanges and less than two miles from the Big I. Nearby destinations include Costco, Home Depot, REI, Topgolf, three branded hotels, Kirtland AFB, and Sandia National Laboratories. The property is available for NNN lease, with a preferred 10-year term.

Key Highlights

  • 103,951 SF building on 7.96 acres
  • Current configuration includes approximately 90,000 SF of office and a 13,951 SF warehouse bay
  • Renovated in 2019‑2020 with HVAC, electrical, roof, window, and interior upgrades

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Blue Cross And Blue ... Insurance Agency Toy's Tacos llc Restaurant

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Nail Salon Grocery & Convenience Store Locksmith Dental Office

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

22 ft
Clear height
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

733
Businesses Nearby
Balanced
Demand for This Use

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$13.22 /SF/Yr
Avg Asking Price
$7.92–$52.13 /SF/Yr
Price Range
27,723 SF
Avg Space Size

This space is priced 13% above the average of $13.22 /SF/Yr.

Properties on Market for Flex space in Albuquerque

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Flex space - A flexible floor plan pairs substantial office space with a dock-served warehouse bay.
Where is this flex space located?
The property is located at 4373 Alexander Boulevard Northeast Albuquerque, NM.
What are key features of this property?
This property features: 103,951 SF building on 7.96 acres; Current configuration includes approximately 90,000 SF of office and a 13,951 SF warehouse bay; Renovated in 2019‑2020 with HVAC, electrical, roof, window, and interior upgrades
(505) 539-3201 Call to check price and availability
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