Industrial Investment w/ Low Interest Rate Assumable Loan

2611 Karsten Court Southeast, Albuquerque, NM 87102

Property Highlights & Information

  • Great investment opportunity for 1031 exchange or buyer looking to capitalize on rent growth
  • Fully stabilized asset with 3 industrial tenants on NNN leases - all expenses reconciled and reimbursed at year end
  • Located in the Broadway Industrial Center near the Albuquerque Sunport
  • Room for rent growth - less than 3.5% industrial vacancy in Albuquerque
  • Ability to assume low interest loan on the purchase of the property
  • Large fenced yard with separate access for each tenant
  • The building features 16' ceiling, ample power, and roll-up/dock high doors
  • Clean, functional building with new monument sign, exterior lighting and security system
Space Available: 12,612 SF

Available Opportunities

12,612 SF

Demographic Information

Population (3m)66,363
Average Household Income (3m)$53,790
Traffic CountBroadway Blvd: 12,849 VPD (Source: STDB 2022)

Location

Brokers

Austin Tidwell, CCIM
Vice President
Daniel Kearney
Vice President
Rob Powell, CCIM
Chief Executive Officer

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