5411 Jefferson St NE - Office FOR SALE


Albuquerque, NM 87109
$9,561,400 USD
505-837-4955
5411 Jefferson St NE, Albuquerque, NM for Sale
$9,561,400 USD
Office - FOR SALE
1/9
null | Request Cap Rate

5411 Jefferson St NE
Albuquerque, NM 87109


HIGHLIGHTS

  • Year 1 NOI: $812,719 with an attractive 8.50% cap rate
  • Annual Rent increases from all tenants
  • Priced well below replacement cost
  • Recent HVAC CapEx of approximately $300,000 by Owner
  • Eye-catching architecture and cutting-edge design
  • Flexible building design and 29’10” ceiling height (floor to roof deck)

OVERVIEW

5411 Jefferson NE, comprised of a 56,000-square-foot building situated on 4.6 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 downtown Albuquerque, the Albuquerque International Airport and all quadrants of the City. Jefferson Commons II offers an exceptional opportunity to derive a predictable income stream and attractive 9.08% cash-on-cash initial return from a stable and diverse mix of tenants. Jefferson Commons II offers investors a premier flex building with tremendous future income potential through annual rent increases and growth of existing rents.

FOR SALE DETAILS

PRICE

$9,561,400 USD

PRICE/SF

$171 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

9.08% Initial Yield-5.7 Yr WALT-100% Leased

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.6 AC

LAND SF

200,376 SF

ZONING

NR-BP

APN/PARCEL ID

1-017-061-178425-2-02-10

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.