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2001 Mountain Rd NW
Albuquerque, NM 87104
Old Town Albuquerque Vet Center Investment · Office Property For Sale
Investment Highlights
- Two tenant office investment with the U.S. Department of Veterans Affairs and Barber Shop
- Great opportunity for investor or owner/user with current leases expiring in 2027
- Beautiful Spanish-style building with well-maintained common areas and parking structure
- Prime Old Town Albuquerque location within Felipe Plaza and adjacent to the Sawmill District
- VA pays rent and majority of operating expenses associated with the investment
Executive Summary
GSA leased property listed at higher cap rate with lease expirations coming up in 2027. Beautiful building, great area and Albuquerque Veterans Center has been in this location for nearly 9 years serving the community.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,526 SF
Building Class
B
Year Built
1995
Price
$1,949,889 CAD
Price Per SF
$352.86 CAD
Cap Rate
8.50%
NOI
$165,740 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,526 SF
Opportunity Zone
Yes
Zoning
MX-M - Mixed Use Moderate Density
Amenities
- Bus Line
- Courtyard
- Signage
Property Taxes
| Parcel Number | 1-013-058-170421-2-20-06 | Improvements Assessment | $2,470,748 CAD |
| Land Assessment | $745,659 CAD | Total Assessment | $3,216,407 CAD |
Property Taxes
Parcel Number
1-013-058-170421-2-20-06
Land Assessment
$745,659 CAD
Improvements Assessment
$2,470,748 CAD
Total Assessment
$3,216,407 CAD
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