6020 Midway Park Blvd NE - Warehouse FOR SALE


Albuquerque, NM 87109
$2,390,617 USD
505-337-0777
6020 Midway Park Blvd NE, Albuquerque, NM for Sale
$2,390,617 USD
Warehouse - FOR SALE
1/9
null | 6.35% Cap Rate

6020 Midway Park Blvd NE
Albuquerque, NM 87109


OVERVIEW

6020 Midway Park is a Multi-Tenant OWH investment in Albuquerque’s N-I25 Corridor. This property presents an exceptional NNN investment opportunity with existing stable cash-flow with upside potential. The multi-tenant setup allows for diversified revenue streams, and the high demand for industrial space in Albuquerque ensures long-term occupancy. Rental rates average $12.42 PSF providing significant upside of 20% if when all rents are brought to market rents of $14.00 PSF. The strategic location, modern facilities, and ideal unit size make it an attractive option for a wide range of small businesses. The parking lot has recently been resurfaced and striped, roof and HVAC well maintained.

FOR SALE DETAILS

PRICE

$2,390,617 USD

PRICE/SF

$198 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Showroom, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

UTILITIES

-

CLEAR CEILING HT

10 Ft

DOCKS

-

DRIVE INS

8

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.44

LAND SF

62,726

ZONING

NR-BP

APN/PARCEL ID

1-017-062-038196-3-03-06

ASK ABOUT THIS PROPERTY

Daniel KearneyRESOLUT REMore Info
505-337-0777

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Daniel KearneyRESOLUT REMore Info
505-337-0777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.