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
Space Available: 33,345 SF

Available Opportunities

For Sale 33,345 SF Investment Sale

Demographic Information

Population (3m)95,364
Average Household Income (3m)$81,437
Traffic Count2nd St NW: 4,924 VPD (Source: Sites USA 2023)
Mountain: 4,787 VPD (Source: Sites USA 2023)

Location

Brokers

Rob Powell, CCIM
Principal

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