Gold Ave SW & 1st Street SW Albuquerque

Albuquerque, NM

Multi-Use for Sale - $1,995,000 - 100,000 Sq. Ft.


Agent Info

Debi Roks
FRE.COM

Property Info

CIMLS#1075629
Location
  Gold Ave SW & 1st Street SW Albuquerque
  Albuquerque NM 87102
UpdatedJune 30th, 2020
TypeMulti-Use
Price$1,995,000
Building100,000 Sq. Ft.

Contact


Property Description

The Albuquerque Theatre Block is situated at the gateway to Albuquerque’s Downtown. The mixed-use buildings feature the Century 14 Theatre and retail on the ground floor with trendy, upscale offices above.

*** TO ACCESS THE MOST RECENT RENT ROLL AND PROPERTY FINANCIALS, PLEASE SIGN AND SUBMIT THE USER ACCESS FORM FOUND IN THE PROPERTY DOCUMENTS SECTION BELOW ***

Property Features/Highlights:

Value-add asset consisting of a Theatre as the anchor tenant, with retail on ground floor and upscale offices above

Excellent tenant mix with short term leases in-place, allowing for new ownership to capitalize on repositioning the asset or through lease-up

±99,251 SF Rentable Building Area

Opportunity Zone Location

Generous TV & Film Production Incentives

High Traffic and Visibility

Parking Garage (500+ spaces)

Close Proximity to 69+ Restaurants

1-Minute Drive to Downtown

3-Minute Drive to I-25

7-Minute Drive to I-40

7-Minute Drive to Airport

MINIMUM BID: $1,995,000

BID DEADLINE: Thursday, August 20th, at 5 pm MT

For more property information, auction details and to register to place a bid visit the property's auction website at www.FRE.com/305D7