SOLD Single-Tenant Double-Guarantee Industrial Investment
1510 1st Street Northwest 1512 1st Street Northwest, Albuquerque, NM 87102
Property Highlights & Information
- Personal Guarantee (Lessee), Corporate Guarantee (Sublessee), Master Growers Group, LLC
- 3-phase 2,500 AMPA 480 volt power
- Tenant responsible for interior repairs including HVAC and electrical components
- Tenant improvements exceed $1 million
- Two dock-high
- Refrigerated Air throughout
- Fully sprinklered
- Initial lease ends November 31, 2026. One, three-year renewal option. Rent to be negotiated
- 3% increases each year, January 1st
- Owner financing available
Available Opportunities
No Currently Available OpportunitiesDemographic Information
| Population (3m) | 95,364 |
|---|---|
| Average Household Income (3m) | $81,437 |
| Traffic Count | 2nd St NW: 4,924 VPD (Source: Sites USA 2023) Mountain: 4,787 VPD (Source: Sites USA 2023) |
