Log In/Sign Up
Your email has been sent.
8008 Menaul Blvd NE
Albuquerque, NM 87110
Office Property For Sale
Investment Highlights
- 3% Annual Rent Increases
- 10 Year Lease
- Owner had multiple locations for sale throughout NM and another in Eugene Oregon
- Single Tenant - Net Leased Medical
- Multiple Locations throughout Southwest
Executive Summary
Absolute Investment Realty is pleased to present this opportunity to acquire a rare, single-tenant net leased medical investment property located in the highly desirable city of Albuquerque, New Mexico. Albuquerque is a vibrant destination known for its rich culture, scenic desert landscapes, and its growing tech sector which includes a strong military and aerospace presence. ?
The property is located on Menaul Boulevard, a central Albuquerque corridor with strong commercial activity and accessibility. Net leased investment real estate is limited, making this an attractive opportunity for investors seeking a well-positioned asset in a highly desirable location.?
?With continuous growth in Albuquerque and New Mexico as a whole, this established net leased medical property, makes it a great long-term investment opportunity.?
The owner has multiple other locations available for sale in Eugene Oregon and Throughout New Mexico, inquire with Broker for more information.
The property is located on Menaul Boulevard, a central Albuquerque corridor with strong commercial activity and accessibility. Net leased investment real estate is limited, making this an attractive opportunity for investors seeking a well-positioned asset in a highly desirable location.?
?With continuous growth in Albuquerque and New Mexico as a whole, this established net leased medical property, makes it a great long-term investment opportunity.?
The owner has multiple other locations available for sale in Eugene Oregon and Throughout New Mexico, inquire with Broker for more information.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,595 SF
Building Class
C
Year Built
1981
Price
$649,120
Price Per SF
$250.14
Cap Rate
7.50%
NOI
$48,684
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,595 SF
Building FAR
0.31
Lot Size
0.19 AC
Zoning
MX-T - Mixed Use Transisiton
Parking
8 Spaces (3.08 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 1-019-059-396255-4-31-18 | Improvements Assessment | $74,989 |
| Land Assessment | $26,617 | Total Assessment | $101,606 |
Property Taxes
Parcel Number
1-019-059-396255-4-31-18
Land Assessment
$26,617
Improvements Assessment
$74,989
Total Assessment
$101,606
1 of 16
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
