US Electric Industrial Sale/Leaseback Investment
301 California Street Southeast, Albuquerque, NM 87108
Property Highlights & Information
Property Higlights
- Total Building SF: 11,000
- 6,000 sqft office/warehouse: 3,750 sqft office : 2250 sqft warehouse
- Clear Height in warehouse: 16" - 24'
- Four roll up doors, grade level (16'x16')
- Total acreage: +/- 1 acre
- Property fully fenced with a security system
- Power: 3 Phase - 480/277 200 AMP
- Covered Equipment Parking area
- Year Built: 2005 and 2019
- Abundant parking and storage for vehicles, equipment, materials, etc.
- HVAC in office space. Swamp coolers in the warehouses.
Asset Profile:
- US Electric - Albuquerque, NM
- 301 California St. SE Albuquerque, NM 87108
- 304 California St. SE Albuquerque, NM 87108
- 6404 Acoma Rd. SE Albuquerque, NM 87108 (Lot 1, 6, 23)
- Asset Type: Single-Tenant Industrial
- Occupancy: 100%
- Lease Structure: Absolute NNN
- Proposed NOI: $159,400
- Cap Rate: 8.86% Cap
Sale Price: $1,800,000
| Space Available: | 11,500 SF |
|---|
Available Opportunities
11,500 SF
Demographic Information
| Population (3m) | 105,637 |
|---|---|
| Average Household Income (3m) | $81,210 |
| Traffic Count | San Pedro: 10,600 VPD (Source: Sites USA 2024) |
