2810 Karsten Ct Southeast Albuquerque, NM 87102
For Lease
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This exceptional 52,856-square-foot warehouse, situated on 3.42 acres in Albuquerque's Broadway Industrial Center, presents a compelling investment opportunity. Built in 2006, this single-tenant property boasts a 30-foot clear height, three dock-high doors (8'x8'), and three drive-in doors (two 12'x16', one 12'x14'). The warehouse features robust 3-phase, 480v, 2,000-amp electrical service, making it suitable for a variety of industrial uses. Its clean environment is well-suited for assembly, and it offers potential for food service or FDA certification, along with cold storage adaptability. The property includes a fully fenced and paved yard, an outside break area, ample parking, and a security system with card readers. Benefitting from excellent visibility and easy I-25 access, its proximity to the Albuquerque International Airport adds significant value. Additional features include a large conference room with AV capabilities and a large breakroom. The property is HUBZone qualified. The sale price is $6,607,000 ($125/SF), and the lease rate is $11.50/SF/YR NNN.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.