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    101b Sun Ave Albuquerque, NM 87109

    Sponsored
    For Lease
    $26 SF/Yr

    Prestigious Albuquerque office suites, flexible layouts.

    Lot size:
    55,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    One Sun Plaza B, located at 101b Sun Ave NE, Albuquerque, NM 87109, presents a prime opportunity for businesses seeking Class A office space in the North I-15 submarket. This four-story building, totaling 55,000 square feet, offers a variety of configurations to suit diverse needs. The building is multi-tenant, with a minimum divisible space of 3,000 square feet and a maximum contiguous space of 15,646 square feet, catering to both small and large businesses. The property boasts a 4:1,000 parking ratio, ensuring ample parking for tenants and their guests. The building's design incorporates a blend of traditional, creative, and executive office spaces, providing flexibility and adaptability for various business styles. The available office space features stunning finishes and functional layouts, combining open areas with private offices and outdoor spaces to create a productive and inspiring work environment. This location within the Sun Plaza campus offers a prestigious address and easy access to key transportation routes in Albuquerque's North I-15 submarket. The building's design prioritizes both functionality and aesthetics, making it an ideal location for businesses seeking a modern and efficient workspace. This is a rare opportunity to secure high-quality office space in a desirable location.

    Property Features for 101b Sun Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,000 SF
    Class
    A
    Total Rate
    119166.67

    Building Details

    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    The 100 Suites
    Size
    15,117 SF
    Rate per SF
    $26
    Space
    The 200 Suites
    Size
    15,646 SF
    Rate per SF
    $26

    HighLights

    • Class A office space in Albuquerque's North I‑15 submarket.
    • 55,000 square feet in a four‑story building.
    • Divisible space from 3,000 to 15,646 square feet.
    • 4:1,000 parking ratio.
    • Prestigious address with easy access to key transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Albuquerque Service Center Government Office Event Rental Systems, ... Software Company

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.58765210533
    Latitude
    35.167057700482

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    FAQs

    What type of property is this?
    Office space - Prestigious Albuquerque office suites, flexible layouts.
    Where is this office space located?
    The property is located at 101b Sun Ave Albuquerque, NM.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Class A office space in Albuquerque's North I-15 submarket.; 55,000 square feet in a four-story building.; Divisible space from 3,000 to 15,646 square feet.
    Request Owner's contact information
    101b Sun Ave Albuquerque, NM 87109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101b Sun Ave Albuquerque, NM 87109
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