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    4500 Alexander Blvd Albuquerque, NM 87107

    Sponsored
    For Lease
    $13 SF/Yr

    Prime North I-25 location, flexible office suites.

    Lot size:
    101,604 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Albuquerque, NM, coworking space offers 36,282 square feet of immediately available space within a larger 101,604 square foot, two-story Class A building. Located in the desirable Renaissance Business Center of the North I-25 submarket, this property boasts a prime location just two blocks from the intersection of I-25 and Montgomery/Montano Boulevard, the heart of Albuquerque. The building, constructed in 1986 and renovated in 1995, sits on a substantial 7.82 acres of land and provides ample parking with approximately 432 spaces. The flexible floor plan allows for spaces ranging from 14,390 to 67,271 contiguous square feet, catering to a variety of business needs. Ceiling heights range from 14 to 18 feet, offering a spacious and modern feel. The property is zoned NR-BP and benefits from its location within an Opportunity Zone. Enjoy the convenience of nearby major retailers such as Costco, Sam's Club, Home Depot, PetSmart, REI, and Topgolf. This is an unparalleled opportunity to establish your business in a thriving and accessible location within Albuquerque's most sought-after employment center. The address is 4500 Alexander Blvd NE, Albuquerque, NM 87107, with a cross street of Desert Surf.

    Property Features for 4500 Alexander Blvd

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    101,604 SF
    Class
    A
    Total Rate
    116421.25

    Building Details

    Year Built/Renovated
    1986/1995
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    100
    Size
    67,271 SF
    Rate per SF
    $13

    HighLights

    • 36,282 SF of immediately available coworking space in a 101,604 SF Class A building.
    • Backup generator for infrastructure resilience.
    • Significant data room for technology needs.
    • Common areas and bathrooms renovated in 2019.
    • Comfortable breakroom for employee well‑being.
    • Potential for future expansion within the 101,000 SF building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Express Scripts Inc. Pharmaceutical Company Elmore Meghan R Pharmacy Marcia D. Allen, ... Pharmacy Hector R. Pacheco, ... Pharmacy Harris A. Zeyaee, PharmD Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Hair Salon Wholesale Shop 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
    -106.61802259663
    Latitude
    35.132700672451

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    FAQs

    What type of property is this?
    Coworking space - Prime North I-25 location, flexible office suites.
    Where is this coworking space located?
    The property is located at 4500 Alexander Blvd Albuquerque, NM.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 36,282 SF of immediately available coworking space in a 101,604 SF Class A building.; Backup generator for infrastructure resilience.; Significant data room for technology needs.
    Request Owner's contact information
    4500 Alexander Blvd Albuquerque, NM 87107
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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
    4500 Alexander Blvd Albuquerque, NM 87107
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