Property Description

Turnkey professional office on Albuquerque's West Side -- occupied, income-producing, and built of split-face masonry on a corridor the city cannot replicate. Single story, 2,908 square feet on a third of an acre, with 16 parking spaces on a poured concrete lot. Seven private offices, a conference room glazed to the lobby and corridor, a reception lobby with built-in counter, an open bullpen with in-floor power and data, a full kitchen, a dedicated copy and file room, two signed accessible restrooms, and a private walled courtyard with mature shade trees. LED retrofit, structured cabling, hardwired alarm, card-reader entry, hydronic boiler. Utilities connected. Flood Zone X. Leased to a practicing law firm at $3,756 a month on a Month to Month basis-- it pays while a buyer transitions. Roughly 14,000 vehicles a day pass the frontage on a road feeding one of the metro's few Rio Grande crossings. Within two miles: $115,760 average household income, 41% with a bachelor's degree or higher, and 738 businesses employing 5,900 people. Zoned MX-T -- office, medical and dental, bank, retail, day care, hotel, live-work and multi-family all by right, with no lot-size, coverage, FAR or density limit. This location also played as Kim and Jimmy's law office in Better Call Saul.Size & Parking2,908.40 SF single-story building on 0.331 acres / 14,418 SF (as-built BOMA measurement, 01/15/2021)16 surface parking spaces -- 5.5 per 1,000 SF, on a poured concrete lot, not asphalt~55 ft frontage within a 106-ft right-of-way; ingress/egress from the south property lineIncome In PlaceLeased to a practicing law firm at $3,756/month $15.50/SF/yearTenant pays utilities, water, sewer, refuse, janitorial, landscaping and HVAC maintenance; tax and insurance increases pass through -- landlord carries structure, roof, parking lot and major mechanical onlyThe BuildingSeven private perimeter offices with exterior windows and tile sillsConference room with full-height glass partitions to both the lobby and the corridor, plus its own door to the courtyardReception lobby with built-in maple transaction counter and pass-through windowOpen bullpen with in-floor power/data box -- supports open-plan workstationsFull kitchen/break room plus a dedicated copy, work and file room with its own built-in cabinetryTwo restrooms, both signed with the International Symbol of Accessibility and fitted with ADA lever hardwarePrivate walled courtyard -- concrete patio, xeriscape, mature shade trees, seating, direct storefront accessTerracotta tile with matching cove base throughout office and common areas; LED lighting retrofit; fresh two-tone paintConstruction & SystemsSplit-face CMU masonry construction -- terracotta with gray-tan accent banding; flat roof with parapet and copingLarge decorative glass-block wall -- the building's signature architectural featureDedicated mechanical room: gas-fired hydronic boiler, A.O. Smith gas water heater (seismically strapped, drip pan, expansion tank), two elec

Property Features