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OFF-MARKET
Specialty properties

4520 Lower Terrace Cir Albuquerque, NM 87111

Property ID
Property summary
AI-generated overview

This exceptional 1,461 square foot creative office space, ideally suited for dance studios or similar businesses, is available for lease in Albuquerque, New Mexico. Located at 4520 Lower Terrace Cir NE, this property boasts a spacious 32' x 29' dance floor, perfect for rehearsals and performances. The high ceilings, measuring 9'7", provide ample room for movement and creativity. The layout includes a reception area, ample storage space, and a restroom. There's also the option to create an additional private office, offering flexibility to suit various business needs. The property benefits from abundant natural light throughout, creating a bright and inviting atmosphere. Its strategic location near the northwest corner of Montgomery & Eubank Blvds, directly across from Fishback Dance Studio, provides excellent visibility and accessibility. Parking is readily available, with 8 spaces provided during regular business hours and 14 spaces available outside of those hours. The property is zoned MX-M within Bernalillo County and is classified as a multi-tenant office space. This unique property presents a fantastic opportunity for a business seeking a well-appointed and conveniently located space in a thriving Albuquerque neighborhood. The property is in Albuquerque, NM, zip code 87111.

Property profile
Verified
Property type Specialty 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
  • TNJ Group of Companies Corporate Office
  • 2 G Construction LLC Construction Company
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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