For Sale
$7,963,971

5411 Jefferson St Albuquerque, NM 87109

56,000 SF Office, Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 56,000 square foot creative office building in Albuquerque, New Mexico, presents a unique investment and owner-user opportunity. Located at 5411 Jefferson St NE, in the desirable North I-25 corridor, this single-story, 2004-built property sits on a 4.6-acre lot and is zoned NR-BP. Currently at 39.3% occupancy (as of September 1, 2023), the building offers significant upside potential for income generation. The asking price is $7,963,971, representing a price per square foot of $142.21, well below replacement cost. The flexible design allows for various demising options, catering to both owner-occupier needs and future tenant leasing. Available space ranges from approximately 4,744 to 33,987 square feet. The building boasts eye-catching architecture, a 29'10" ceiling height, and ample signage opportunities. Its prime location provides easy access to Interstate 25 and is surrounded by numerous amenities, including walking trails, dining, shopping, and entertainment options. Furthermore, the property benefits from its location within both a HUB Zone and an Opportunity Zone. This presents a compelling investment opportunity with a strong potential for both immediate and long-term returns. The property's existing tenants provide a predictable income stream, further enhancing its appeal to both investors and owner-users seeking a blend of immediate occupancy and future growth.

Highlights

  • Substantially below replacement cost.
  • Striking architecture and modern design.
  • Excellent Interstate 25 frontage.
  • Abundant nearby amenities including restaurants, retail, and entertainment.
  • Monument and building signage opportunities.
  • High ceilings (29'10").

Property Details for 5411 Jefferson St

Property type
Office properties, Office space
Square Feet
56,000 SF
Year Built
2004
Buildings
1
Stories
1
Lot Size (sq. ft)
200,376 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1427766
Longitude
-106.5982782

FAQs

What type of property is this?
Office property - 56,000 SF Office, Owner/User Opportunity
Where is the office property located?
The property is located at 5411 Jefferson St Albuquerque, NM.
What is the asking price?
The asking price for this property is $7,963,971.
What are key features of this property?
This property features: Substantially below replacement cost.; Striking architecture and modern design.; Excellent Interstate 25 frontage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5411 Jefferson St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message