CBRE is pleased to present the opportunity to acquire 6200 Jefferson St, a 56,047± square foot, 86.5% leased professional office building with diversified tenancy and 7-Year WALT in Albuquerque, NM.
This premier 3-story professional office is situated in the heart of the highly desirable North I-25 Corridor. 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. 6200 Jefferson has a stable tenancy with three credit tenants and a predictable income stream. Future income growth is achievable given the below market lease rates and limited supply of quality office space in the sub-market. Near term CAPEX has been mitigated by current owner with recent $2M+ investment into the property.
The Albuquerque Metro Area (population 939,316±) features a high quality of life, low cost of business, and an educated workforce. The area’s workforce population is 380,000+ with 37% of the population over the age of 25 holding a Bachelor’s degree or higher. Albuquerque’s affordable cost of living, diverse population, and growing tech sector make it a desirable business location.