124 Alvarado Dr SE - Medical FOR SALE


Albuquerque, NM 87108- South San Pedro
$1,200,000 USD
505-337-0777
124 Alvarado Dr SE, Albuquerque, NM for Sale
$1,200,000 USD
Medical - FOR SALE
1/13
null | Request Cap Rate

124 Alvarado Dr SE
Albuquerque, NM 87108
South San Pedro


HIGHLIGHTS

  • Currently Demised into Medical Office (East side) and Administrative Office (West side)
  • Recently Renovated with TPO Roof, HVAC, and Upgraded Electrical
  • High Quality Security Fence Completely Enclosing Property with Auto Opening Gate
  • Existing Access Control on Entry Doors
  • Previous Tenant was Prosthetics and Orthotics Provider
  • Multiple Exam Rooms and Workshop Area

OVERVIEW

124 Alvarado is a 6,158 SF freestanding medical building located in the SE Heights submarket of Albuquerque. The property can be easily demised for two tenants. The previous tenant, Active Life Prosthetics & Orthotics, occupied the entire building and used the west side for call center and administration functions. The east side was used for patient consultations, waiting room, and a workshop to fabricate and adjust prosthetic devices. The building has refrigerated air, features a well-maintained TPO roof, upgraded electrical and fiber internet. Also featured is a high-quality metal fence completely enclosing the property with a convenient auto opening gate. The tenant is responsible for utilities, grounds maintenance, and HVAC maintenance. Landlord bills back for property taxes and insurance.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$195 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SE Heights Turnkey Medical Office

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

MX-M

APN/PARCEL ID

1-018-057-148128-3-19-04

ASK ABOUT THIS PROPERTY

Jeremy Salazar, CCIMRESOLUT REMore Info
505-337-0777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jeremy Salazar, CCIMRESOLUT REMore Info
505-337-0777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.