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5100 Indian School Rd NE
Albuquerque, NM 87110
Solid Single-Tenant Investment · Office Property For Sale
Executive Summary
-Solid tenant that has been in place since January 2019
-New term goes to May 31, 2029
-Single-story, stand-alone asset that has been well-maintained
-Lots of natural light throughout 13 offices, conference room, two men’s and two women’s restrooms
-Just west of San Mateo Blvd. nearest the hard corner of Indian School Rd. & Truman St.
-One block south of I-40 and San Mateo Blvd.
-3.5:1,000 parking ratio (21 parking spaces) plus curbside parking along Truman St.
-New term goes to May 31, 2029
-Single-story, stand-alone asset that has been well-maintained
-Lots of natural light throughout 13 offices, conference room, two men’s and two women’s restrooms
-Just west of San Mateo Blvd. nearest the hard corner of Indian School Rd. & Truman St.
-One block south of I-40 and San Mateo Blvd.
-3.5:1,000 parking ratio (21 parking spaces) plus curbside parking along Truman St.
Property Facts
Sale Type
Investment NNN
Property Type
Office
Building Size
6,000 SF
Building Class
C
Year Built
1975
Price
$720,000
Price Per SF
$120
Cap Rate
6%
NOI
$43,200
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,000 SF
Building FAR
0.92
Lot Size
0.15 AC
Zoning
MX-L
Parking
21 Spaces (3.5 Spaces per 1,000 SF Leased)
Amenities
- Signage
Property Taxes
| Parcel Number | 1-017-058-504518-1-28-13 | Improvements Assessment | $180,625 |
| Land Assessment | $33,107 | Total Assessment | $213,732 |
Property Taxes
Parcel Number
1-017-058-504518-1-28-13
Land Assessment
$33,107
Improvements Assessment
$180,625
Total Assessment
$213,732
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