9201 S Pan American Fwy NE - Manufacturing FOR SALE


Albuquerque, NM 87113- Wildflower Area
$33,900,000 USD
818-502-6720
9201 S Pan American Fwy NE, Albuquerque, NM for Sale
$33,900,000 USD
Manufacturing - FOR SALE
1/8
null | 8.5% Cap Rate

9201 S Pan American Fwy NE
Albuquerque, NM 87113
Wildflower Area


HIGHLIGHTS

  • Market Leaseback - The Property is mission critical for Cinelease, and will be 100% leased for 10 years upon sale
  • Mission Critical Location - Essential facility for Cinelease’s operations in the New Mexico studio production market
  • Flexible, Low Coverage Site15% coverage, fully secured site with multiple points of ingress/ egress offers future flexibility including redevelopment

OVERVIEW

LEASEBACK SUMMARY Upon sale, Cinelease will lease the entire 310,865 SF buildings for 10 years for $240,000/Mo (±$0.77 PSF/Mo) on a triple net basis with 3.0% escalations.

FOR SALE DETAILS

PRICE

$33,900,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

4

DRIVE INS

4

PARKING SPACES

159

LAND DETAILS

LAND ACRES

46.4

LAND SF

2,021,184

ZONING

NR-LM

APN/PARCEL ID

1-018-065-098076-3-01-10

ASK ABOUT THIS PROPERTY

Barbara PerrierCBRE, Inc.More Info
818-502-6720

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Barbara PerrierCBRE, Inc.More Info
818-502-6720

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