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 |
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Available Opportunities
12,612 SF
Demographic Information
Population (3m) | 66,363 |
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Average Household Income (3m) | $53,790 |
Traffic Count | Broadway Blvd: 12,849 VPD (Source: STDB 2022) |