Listing Agency: CBRE - Albuquerque j***@cbre.com Show Phone

Listed By: Jason Lott · License #47516 Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 14 Last Checked: Aug 29 at 7:11AM

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Investment Insights

Based on property information with market context.

This is a three-story professional office building situated in the North I-25 Corridor. Recent improvements include a new lobby entrance, locker rooms with showers, and interior bike racks. The property features storage with a roll-up door and dock-high loading capabilities. Abundant natural light and views are available throughout the space. The property offers a convenient and centralized location.

Key Highlights

• Premier office location in the highly desirable North I‑25 Corridor.
• Enjoy new common area and capital improvements including lobby entrance, locker rooms with showers, and interior bike racks.
• Convenient and centralized location.

Property Analytics

Property Profile

Current Use

US Consolidated Farm ... Sustainability Organization FSA Office Government Office US Animal Plant ... Veterinary Clinic Grand Canyon University ... Vocational School Taxpayer Advocate Service ... Tax Preparation

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Clothing & Fashion Store

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

$3.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,799

Businesses Nearby

Explore this area Business Placement

Demographics for 87109, NM

40,740

Population

20,826

Households

2

Avg Household Size

41

Median Age

42%

College-Educated

93%

High-School Grad

10.0 sq mi

ZIP Area

4,074

Density / Sq Mi

$56,295

Median Household Income

$41,798

Median Earnings

$1,112

Median Rent

$298,300

Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$20.74 /SF/Yr

Avg Asking Price

$14–$26 /SF/Yr

Price Range

45,925 SF

Avg Space Size

This space is priced 9% above the average of $20.74 /SF/Yr.

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Three-story office building with storage and dock high loading.

Where is this office building located?

The property is located at 6200 Jefferson Street Northeast Albuquerque, NM.

What is the lease rate?

The lease rate is $22.66 SF/Yr.

What are key features of this property?

This property features: Premier office location in the highly desirable North I‑25 Corridor.; Enjoy new common area and capital improvements including lobby entrance, locker rooms with showers, and interior bike racks.; Convenient and centralized location.