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4311 Sara Rd SE 27,000 SF 100% Leased Flex Building Albuquerque, NM 87124 $4,100,000 ($151.85/SF) 9.12% Cap Rate
Investment Highlights
- 100% leased
- Seller has made significant capital improvements to the building
- 17 tenants with staggered leases
Executive Summary
• 17 tenants with staggered leases
• Seller has made significant capital improvements to the building
• Located in Rio Rancho, the fastest growing submarket in the metro area
• Well-diversified tenant mix which includes counseling, construction, and fitness
• Functional suite layouts aligned with market demand.
Property Facts
| Price | $4,100,000 | Lot Size | 1.17 AC |
| Price Per SF | $151.85 | Rentable Building Area | 27,000 SF |
| Sale Type | Investment | No. Stories | 2 |
| Cap Rate | 9.12% | Year Built/Renovated | 2009/2020 |
| Property Type | Flex | Parking Ratio | 2.63/1,000 SF |
| Property Subtype | Flex Research & Development | Clear Ceiling Height | 12’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Zoning | C-2 - The C-2 (Intermediate Commercial) zoning designation typically allows for a broad range of commercial and retail uses. | ||
| Price | $4,100,000 |
| Price Per SF | $151.85 |
| Sale Type | Investment |
| Cap Rate | 9.12% |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 1.17 AC |
| Rentable Building Area | 27,000 SF |
| No. Stories | 2 |
| Year Built/Renovated | 2009/2020 |
| Parking Ratio | 2.63/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | C-2 - The C-2 (Intermediate Commercial) zoning designation typically allows for a broad range of commercial and retail uses. |
Amenities
- 24 Hour Access
- Property Manager on Site
- Security System
- Signage
- Storage Space
- Air Conditioning
Utilities
- Lighting - Fluorescent
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Suite 101: 682 sqft with garage door. First-floor corner unit on the east side of the property. Connects to common areas. Ground-level location with drive-in capability.
1,425 sq ft first-floor office featuring 5 private offices, a reception area, and a private restroom. Fits 4–12 people. This suite is separate from the first floor common area giving private feel from other businesses on the property. Located on the east side of the property with beautiful views of the Sandia Mountain.
396 sqft private office, suitable for 2-3 people with a private restroom and a kitchen within the suite. Ideal for professionals seeking a functional workspace with added privacy and convenience.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 101 | 682 SF | Flex | Shell Space | Now |
| 1st Fl-Ste 106 | 1,425 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 212 | 396 SF | Office | - | Apr 2026 |
1st Fl - 101
| Size |
| 682 SF |
| Space Use |
| Flex |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 106
| Size |
| 1,425 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 212
| Size |
| 396 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Apr 2026 |
1st Fl - 101
| Size | 682 SF |
| Space Use | Flex |
| Condition | Shell Space |
| Available | Now |
Suite 101: 682 sqft with garage door. First-floor corner unit on the east side of the property. Connects to common areas. Ground-level location with drive-in capability.
1st Fl-Ste 106
| Size | 1,425 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
1,425 sq ft first-floor office featuring 5 private offices, a reception area, and a private restroom. Fits 4–12 people. This suite is separate from the first floor common area giving private feel from other businesses on the property. Located on the east side of the property with beautiful views of the Sandia Mountain.
2nd Fl-Ste 212
| Size | 396 SF |
| Space Use | Office |
| Condition | - |
| Available | Apr 2026 |
396 sqft private office, suitable for 2-3 people with a private restroom and a kitchen within the suite. Ideal for professionals seeking a functional workspace with added privacy and convenience.
Property Taxes
| Parcel Number | 1-014-068-100-005 | Improvements Assessment | $479,973 |
| Land Assessment | $120,027 | Total Assessment | $600,000 |
Property Taxes
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4311 Sara Rd SE
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