5321 Wilshire Ave NE - Warehouse FOR SALE


Albuquerque, NM 87113- Wildflower Area
$6,882,048 USD
505-837-4955
5321 Wilshire Ave NE, Albuquerque, NM for Sale
$6,882,048 USD
Warehouse - FOR SALE
1/23
null | 7% Cap Rate

5321 Wilshire Ave NE
Albuquerque, NM 87113
Wildflower Area


HIGHLIGHTS

  • Single-Tenant Industrial Building, NNN Lease, Annual Rent Increases, Credit-Tenancy
  • Office, Manufacturing, Warehouse/Shipping & Receiving
  • Heavy Power 3-Phase, 277/480 V
  • 20' Clear Height in Warehouse with Colum Spacing 39'5"x39'6" with Drop Grid Ceiling in Manufacturing Area
  • Two Dock Doors, One Ramped Drive in
  • HVAC throughout & Sprinkler system

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$6,882,048 USD

PRICE/SF

$154 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

INDUSTRIAL STNL :: CORPORATE CRED

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

2

DRIVE INS

1

PARKING SPACES

104

LAND DETAILS

LAND ACRES

2.35

LAND SF

102,366

ZONING

NR-LM

APN/PARCEL ID

1-018-064-059276-2-03-35

ASK ABOUT THIS PROPERTY

James DountasCBRE, Inc.More Info
505-837-4955

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James DountasCBRE, Inc.More Info
505-837-4955

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