6700 Jefferson St NE

Albuquerque, NM 87109 | 4.3 Acres / 48,287 SF

$6,250,000.00

Investment Property For Sale


Conejos Office Park | Core, Stabilized Investment | Premier Location | Convenient Access to Interstate 25

Array

Investment Property For Sale

Price $6,250,000.00
Size 4.3 Acres / 48,287 SF

Benefits

Conejos Office Park
6700 Jefferson St. NE
Albuquerque, NM 87109

 

Offering Summary

Purchase Price: $6,250,000
Net Operating Income: $501,035
Cap Rate: 8%
Price per Sq. Ft.: $129.43
Building Size: ±48,287 Sq. Ft.
Land Size: ±4.33 Acres

 

Investment Highlights

  • Stabilized Cash Flow
    – 100% occupied business park
  • Opportunity to purchase an asset well below replacement cost
  • Core, in-fill location
  • Historically strong performing asset
  • Institutionally managed asset
    – Well-maintained buildings
    – Attractive, modern construction
  • Most of the leases feature annual rent increases
  • Staggered lease rollovers
  • Strong mix of diverse tenants
  • Extremely desirable location
    – Intersection of Jefferson St. & Osuna Rd.
    – Convenient access to Interstate 25 from Osuna or Jefferson
    – Excellent visibility and exposure
    – Coveted Northe I-25 Submarket

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