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Industrial/Flex Property in Albuquerque
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1823 Commercial St NE, Albuquerque, NM 87107

High-performing industrial/flex property with income and user potential.

Space Size8,097 SF
Property Size15,420 SF
Days on Market926

Property Features for 1823 Commercial St NE

General Information

Standard status Active
Size 8,097 SF
Class C
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 15,420 SF
Tenancy Multiple

Spaces For Lease

at 1823 Commercial St NE Contact us

Suite A

Size
8,097 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Berkshire Hathaway New Mexico Commercial Division
Listed By: Christian File · License #51587
Source: Crexi
Added: Feb 15, 2024 Changed: Aug 22 Last Checked: Aug 28 at 9:41PM

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 Berkshire Hathaway New Mexico Commercial Division

Investment Insights

Based on property information with market context.

The property at 1823 Commercial St NE in Albuquerque, NM 87107, presents an opportunity to acquire a high-performing industrial/flex property. It offers both stable cash flow and user potential within one of Albuquerque's accessible industrial corridors. This two-suite asset combines turnkey income with owner-occupant flexibility. It is suitable for investors, trades, or specialty operators seeking quality space with power, functionality, and growth potential.

Key Highlights

  • High‑performing industrial/flex property with stable cash flow.
  • Two‑suite asset offering turnkey income and owner‑occupant flexibility.
  • Ideal for investors, trades, or specialty operators.

Property Analytics

Current Use

Standard Restaurant Supply Factory APA Specialties LLC Construction Company Albuquerque Partitions & Accessories Kitchen & Bath Showroom

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Pharmacy Food Market Grocery & Convenience 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
$1.35 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,036
Businesses Nearby
Well-served
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

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

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  • High Mountain Cusine Catering 1807 2nd St NW Studio 61, Santa Fe, NM 87505

Frequently Asked Questions

What type of property is this?
Flex space - High-performing industrial/flex property with income and user potential.
Where is this flex space located?
The property is located at 1823 Commercial St NE Albuquerque, NM.
What is the lease rate?
The lease rate is $9 SF/Yr.
What are key features of this property?
This property features: High‑performing industrial/flex property with stable cash flow.; Two‑suite asset offering turnkey income and owner‑occupant flexibility.; Ideal for investors, trades, or specialty operators.
(505) 289-0549 Call to check price and availability
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