Renaissance Project
1221 South Renaissance Boulevard Northeast, Albuquerque, NM 87107
Property Highlights & Information
- Property Type: Class A Retail Warehouse
- Size: 44,248 square feet
- Location: Strategically located in the center of the city with access to I-25 less than half a mile away
- Land: 1.23 acres of NR-GM zoned land and a 0.67-acre pad site ready for development
- Parking: Ample paved and striped parking
- Ingress/Egress: Multiple points of access from the south, north, and east
- Building Features: 3-Phase 1,200 amp electrical service, 28-foot ceiling heights, clear span construction
- 1221 S Renaissance: Occupied by Shamrock food distributors (24,234 SF) with a monthly rent of $20,255.58 plus NNN expenses
- 1201 S Renaissance: Formerly occupied by Country Dans (20,000 SF), currently vacant
- Significant upside potential
- Ideal Buyers: Owner-users looking to occupy 20,000 SF and cash-flow the rest or investors seeking value-add opportunities to lease the vacant portion and develop the land
- Owner Financing: Owner willing to carry the note for amounts under $5,000,000 with negotiable terms
| Space Available: | 20,014 - 24,234 SF |
|---|---|
| Land Available: | 0.67 - 1.23 Acres |
Available Opportunities
For Sale 24,234 SF Warehouse Box
For Sale 20,014 SF Box
For Sale .67 Acres
For Sale 1.23 Acres
Demographic Information
| Population (3m) | 80,448 |
|---|---|
| Average Household Income (3m) | $87,175 |
| Traffic Count | Montano: 4,613 VPD (Source: STDB 2022) Renaissance: 3,627 VPD (Source: STDB 2022) |
