2211 Commercial St Northeast Albuquerque, NM 87102
For Lease
This ±14,355 square foot industrial property, built in 1973, offers a unique opportunity for a single tenant. The warehouse features a desirable combination of warehouse and office space, perfect for a variety of businesses. The building boasts a 16-foot clear-span ceiling height, providing ample vertical space for storage and operations. Four 12-foot roll-up doors ensure efficient loading and unloading, accommodating both trucks and semi-trucks. The property includes grade-level loading docks for easy access. The building's construction is a durable mix of CMU and concrete, and it's equipped with a fully functional sprinkler system for fire safety. Electrical service is single-phase, 240-volt power. The office space is well-appointed with a kitchenette/break room and two restrooms, offering a comfortable workspace for employees. A small, fenced yard provides additional parking and storage space. The property's strategic location just north of I-40 and west of I-25 offers excellent access to major transportation arteries. The zoning is designated MX-M. The entire building is currently vacant, presenting an immediate opportunity for occupancy.
-
Grimco, Inc. Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.