Established Office Complex For
For Lease
Contact for pricing
5001-5041 Indian School Rd NE, Albuquerque, NM 87110
Five-building office complex with diverse tenants and excellent access.
Space Size750 SF - 18,212 SF
Days on Market2722
Property Features for 5001-5041 Indian School Rd NE
General Information
Standard status
Active
Size
750 SF - 18,212 SF
Class
B
Property subtype
Office
Lease Type
Modified Gross
Building Details
Tenancy
Multiple
Spaces For Lease
at 5001-5041 Indian School Rd NE Contact us- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Bldg. 5041 - Suite 100
- Size
- 18,212 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Bldg. 5001 - Suite 100
- Size
- 750 SF
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Bldg 5021 - Suite 100-B
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Bldg. 5041 - Suite 200
- Type
- Office
- Lease Type
- Modified Gross
- Availability
- Active
Bldg. 5041 - Suite 400
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Listing Agency:
Colliers - Albuquerque, New Mexico
(505) 880-7092
Listed By:
Tim With · License #NM 36272
Source:
Crexi
Added: Mar 18, 2019
Changed: Aug 23
Last Checked: Aug 28 at 7:51PM
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 Colliers - Albuquerque, New Mexico
Investment Insights
Based on property information with market context.
Tech Commons is a complex comprised of five buildings. The property is currently 92% leased and has a stabilized cash flow. The tenant mix is diverse. The property features 24-hour individual HVAC and utility services. Access to the property is facilitated by median cuts on Indian School Road and convenient access to I-40.
Key Highlights
- Stabilized cash flow with 92% leased
- Established 5‑building complex
- Excellent access from I‑40
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.32 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,238
Businesses Nearby
Explore this area
Business Placement
Demographics for 87110, NM
38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
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 25% below the average of $20.74 /SF/Yr.
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Five-building office complex with diverse tenants and excellent access.
Where is this office building located?
The property is located at 5001-5041 Indian School Rd NE Albuquerque, NM.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: Stabilized cash flow with 92% leased; Established 5‑building complex; Excellent access from I‑40
