8000 Bluewater NW Rd Albuquerque, NM 87121-2062
This exceptional 201,720-square-foot Class B industrial distribution center, built in 2000, presents a compelling investment opportunity. Located at 8000 Bluewater Rd NW, Albuquerque, NM 87121, in the desirable West Mesa submarket of Bernalillo County, this single-building property boasts 100% occupancy with six diverse tenants, ensuring stable cash flow. The property features eight loading docks, 47 dock-high doors, and a 24-foot ceiling height, catering to a wide range of distribution needs. Ample parking is provided with 319 spaces. The property is offered as a Triple Net (NNN) lease, with varied unit sizes contributing to high tenant retention. This core investment benefits from a strong industrial market with low vacancy rates and significant potential for future rent growth due to shorter lease terms. The property's Asset Property Number (APN) is 1-010-57-152-327-20430, 1-010-057-109317-2-04-35. This is a rare chance to acquire a well-positioned, high-performing asset in a thriving market. The diversified tenant base mitigates risk, while the strong market dynamics promise continued growth and return on investment.
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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
Similar Nearby for Sale
Similar Nearby for Lease
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.