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Property profile & analytics
OFF-MARKET
Life science properties

10500 Copper Ave Albuquerque, NM 87123

Property ID
Property summary
AI-generated overview

This Albuquerque, NM property offers ±20,740 square feet of versatile space ideal for research and development. The building features a combination of modern office space and a high-bay warehouse, totaling approximately 20,740 square feet. The office area, situated on the first floor, comprises approximately 10,700 square feet and boasts a well-appointed layout with numerous hard-wall offices, two closed areas, and a secure SCIF area. The lease rate for the office space is $15.50 per square foot, plus NNN expenses. The adjacent lab space and warehouse encompass approximately 10,040 square feet, featuring a 14-foot roll-up door with ramp access, a 9-foot dock-high roll-up door, and impressive 25-foot ceiling heights. Seven climate-controlled lab spaces are included, ensuring a controlled environment for sensitive research. The warehouse area is fully air-conditioned. The lease rate for the lab/warehouse space is $9.50 per square foot, plus NNN expenses. The 2022 NNN expense estimate is $2.78 per square foot. The property is zoned NR-BP and is available as a single-tenant space. Located at 10500 Copper Ave, Albuquerque, NM 87123.

Property profile
Verified
Property type Life science properties
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Peraton Corporate Office
  • NORC Research Institute
  • Spectral Sensor Solutions, LLC Scientific Equipment Supplier
  • Albuquerque MEPS Military Base Military Recruiting Office
  • Citizen Church Church
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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