4330 Picabo St NE | Rio Rancho, NM 87144
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- LoopNet Team
4330 Picabo St NE
Rio Rancho, NM 87144
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Long history of occupancy. originally built and Occupied since 1998. In 2008, Bank of America EXECUTED A Corporate Sale Leaseback
- 5 acres of adjacent land that comes with the property. Could be used for expansion or can be sold off potentially to create extra value.
- Other BAnk of america CUSTOMER SERVCE centers have consolidated into this facility
- Tenant has shown recent re-commitment to this property by signing An early 5-year lease extension in October, 2021. Lease expiration IS 10.31.2028
- Low rental rate to market and Bank of America S&P Credit Rating: A+
- New Roof 2011 that has 20-year warranty. All new HVAC units in 2013; 2019 parking lot reconfiguration and new seal coating installed
PROPERTY FACTS
Property Type
Office
Building Size
76,768 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Typical Floor Size
76,768 SF
Building FAR
0.13
Lot Size
14.02 AC
Zoning
SU - Special Use
Parking
650 Spaces (8.47 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Signage
PROPERTY TAXES
| Parcel Number | 1-018-074-267-330 | Improvements Assessment | $3,178,023 |
| Land Assessment | $950,471 | Total Assessment | $4,128,494 |
PROPERTY TAXES
Parcel Number
1-018-074-267-330
Land Assessment
$950,471
Improvements Assessment
$3,178,023
Total Assessment
$4,128,494
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