Property Listing No Longer Available for Sale

5001-5041 Indian School Road NE

Albuquerque, NM

Office for Sale - $9,700,000


Property Info

CIMLS#880699
Location
  5001-5041 Indian School Road NE
  Albuquerque NM 87110
UpdatedJune 12th, 2016
TypeOffice
Price$9,700,000

Property Description

http://ransomwith.com/tech-commons


Tech Commons presents an opportunity for investors to purchase a centrally located, established and well-diversified office property in a mature neighborhood with a strong demographic and employment base. The property enjoys a stabilized cash flow and consistently out performs the market occupancy levels. With excellent visibility from I-40, tenants benefit from monument and building signage seen by ±200,000 vehicles per day.


• Stabilized cash flow (92% Leased)


• Excellent construction design, built in 1995


• Convenient access to University, Uptown and Nob Hill amenities.


• Excellent access from Interstate 40 and median cuts on Indian School Rd


• High daytime traffic flows (±200,000 VPD Interstate 40, San Mateo & Indian School) and employment stock in the immediate area.


• 392 total spaces (342 on-site and 50 leased)


• Large monument sign on Interstate 40 and Indian School Road


• Diverse tenant mix


• Efficient suites w


View Full Listing: here