CBRE is pleased to present the opportunity to acquire 5321 Wilshire Ave, a 100% leased, 44,800 SF manufacturing/industrial property in Albuquerque New Mexico.
The property, situated on 2.35 acres, is located in the desirable North I-25 Corridor along Interstate 25. The property benefits from its proximity to Interstate 25, providing direct access to all quadrants of the City and easy access throughout the state of New Mexico. 5321 Wilshire offers an exceptional opportunity to derive a predictable income stream and return from a stable tenant.
American Fire Protection Group, Inc has occupied the building since November 2024. The lease features an NNN structure and 3% rent increases in years 2 & 4 and 6% increase in years 3 & 5.
The North I-25 corridor is the most desirable office and industrial submarket in Albuquerque. Due to it’s proximity to the highly trafficked Interstate 25 and the ease of access, this location offers industrial users an ideal location and industrial use zoning. The Albuquerque Metro Area (population 939,316±) features a high quality of life, low cost of business, an educated workforce, as well as, various state and local economic incentives. The area’s workforce population is in excess of 380,000+, including more than 261,000+ college-educated individuals. Albuquerque’s affordable cost of living, diverse population, and growing tech sector make it a desirable business location.