4311 Sara Rd SE - R&D FOR SALE
Albuquerque, NM 87124 |
$4,022,027 USD
505-292-9607
4311 Sara Rd SE
Albuquerque, NM 87124
HIGHLIGHTS
- Located in the thriving Rio Rancho trade area near the intersection on NM-528 and Sara Rd. (49,600 VPD)
- Low price per square foot - priced at $149/PSF, well below replacement cost
- $123,000 spent in Capital improvements since 2023
- Diverse tenant mix providing investor security in cash flow
- Wide variety of floor plans and layouts to accommodate a supply-restrained office market in Rio Rancho
- Rio Rancho holds the title of New Mexico’s fastest-growing submarket and is recognized as one of the fastest-growing communities in the Southwest
FOR SALE DETAILS
PRICE
$4,022,027 USD
PRICE/SF
$149 USD /SF
CAP RATE
8.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Flex
PROPERTY SUBTYPE
R&D
ADD'L SUBTYPES
Loft/Creative Space, Light Distribution, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2009
UTILITIES
Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas
CLEAR CEILING HT
12 Ft
DOCKS
-
DRIVE INS
3
PARKING SPACES
71
LAND DETAILS
LAND ACRES
1.17
LAND SF
50,965
ZONING
C-2
APN/PARCEL ID
1-014-068-100-005
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505-292-9607
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