Midtown Business Center | Office / Warehouse | ±17,400 SF | North I-25 Industrial Corridor
An exceptional office/warehouse sublease opportunity within Midtown Business Center, one of Albuquerque’s premier industrial parks. Located just east of Interstate 25 between Comanche and Montaño, this highly functional space combines warehouse efficiency, office flexibility, and excellent regional access. The sublease covers Suites F & H, totaling approximately 17,400 rentable square feet, currently configured for logistics, warehousing, service operations, or light manufacturing.
The property provides direct access to major arterials in the North I-25 corridor, proximity to national tenants such as Costco, FedEx, Blue Cross Blue Shield, Cardinal Health, and Home Depot, and is supported by professional management, security patrol, and responsive maintenance teams. This is a turnkey, fully improved facility available for sublease with roughly 26.5 months remaining on the current term, through January 31, 2028.
Suites F & H offer an open warehouse layout with generous clear height and excellent circulation for both light vehicle and truck traffic. The office component provides private offices, conference area, and employee amenities, including restrooms and a breakroom. The building’s tilt-up construction provides long-term durability, while the shared dock court offers easy maneuvering for deliveries and shipping operations.
The premises are delivered in broom-clean, fully functional condition with all building systems — including HVAC, plumbing, electrical, overhead doors, and dock levelers — verified in good working order per the original landlord work scope. The space is adaptable for a variety of uses including distribution, manufacturing, assembly, or service-based warehousing.
The project’s pro-rata share of operating expenses is 30.4%, and these charges cover exterior maintenance, landscaping, property management, parking lot upkeep, security, and common-area utilities.
This sublease opportunity is offered subject to Landlord approval and assignment of the existing NNN lease. The master lease commenced in January 2023 and carries a five-year initial term expiring January 31, 2028, with two (2) three-year renewal options available to the master tenant.
Current Base Rent: $13,075.59 per month ($9.02/SF per year NNN)
Estimated NNN / Operating Expenses: $3,045 per month
Total Current Monthly Obligation: Approximately $16,120.59
Security Deposit: $12,325 (negotiable upon sublease execution)
Sublease Term Remaining: ±26.5 months
Lease Type: Triple Net (NNN)
Annual Escalations: Approx. 3% per lease schedule
Renewal Options: Two (3-year) options available at market rate, subject to landlord consent
This arrangement allows an incoming subtenant to occupy immediately at below-market cost without committing to a long-term new lease. Ideal for companies seeking to expand operations, secure short-term warehousing or distribution space, or establish a foothold in Albuquerque’s thriving North I-25 industrial corridor.