1015 Tijeras Ave NW
Albuquerque, NM 87102
The Parks Bldg · Office Property For Sale

Marcus & Millichap is pleased to present for purchase the fee simple interest in The Parks Building, a 38,002 rentable square foot government anchored office property in Albuquerque, New Mexico. The building is in an Opportunity Zone and recently underwent a $600,000 renovation, upgrading it from Class B to Class A finishes. Updates include new HVAC, an expanded 800 square foot entryway, upgraded LED lighting and new parking lot. New Mexico Human Services Department recently invested $226,455 in tenant improvements in their final option period, showing commitment to the site. This New Mexico Human Services location is the only New Mexico government agency in the state with a gymnasium, a feature the state employees enjoy and appreciate. The property features an on-site fenced parking lot with 59 vehicle spaces, as well as an additional parking lot across the street with 50 more additional parking spaces that can be developed in to housing or another use. The Parks Building is centrally located between Historic Old Town & downtown Albuquerque, providing close proximity to the University of New Mexico, the Albuquerque International Sunport (ABQ) and the I-25/I-40 Interchange. ABQ is the largest civil airport in New Mexico.