5301 Central Ave NE - Office FOR SALE
Albuquerque, NM 87108 |
5301 Central Ave NE
Albuquerque, NM 87108
HIGHLIGHTS
- Tower 17 is a renovated 17-story, 4-star modern office with four passenger elevators, 24-hour security access, and 660 parking spaces.
- Property sits less than 10 minutes from downtown Albuquerque and the Albuquerque International Airport, with easy access to Interstates 25 and 40.
- Strong recent submarket performance, with vacancy rates down 4.2% YOY and rents up 11.8% over the past three years.
- Over 262,000 residents within five miles of 5301 Central Avenue NE, and daytime employment of over 215,000.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Tower 17 | Multi-family/Office Redevelopment
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
170000
STORIES
17
BUILDING CLASS
B
YEAR BUILT
1963
SPRINKLERS
-
PARKING SPACES
660
LAND DETAILS
LAND ACRES
6.55 AC AC
LAND SF
285,318 SF
ZONING
-
APN/PARCEL ID
1-018-057-020201-3-22-02
