8000 Bluewater RdAlbuquerque, NM 87121

For Sale
Call for price
201,720 SF Multi-Tenant Industrial

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 201,720-square-foot Class B industrial distribution center, built in 2000, presents a compelling investment opportunity. Located at 8000 Bluewater Rd NW, Albuquerque, NM 87121, in the desirable West Mesa submarket of Bernalillo County, this single-building property boasts 100% occupancy with six diverse tenants, ensuring stable cash flow. The property features eight loading docks, 47 dock-high doors, and a 24-foot ceiling height, catering to a wide range of distribution needs. Ample parking is provided with 319 spaces. The property is offered as a Triple Net (NNN) lease, with varied unit sizes contributing to high tenant retention. This core investment benefits from a strong industrial market with low vacancy rates and significant potential for future rent growth due to shorter lease terms. The property's Asset Property Number (APN) is 1-010-57-152-327-20430, 1-010-057-109317-2-04-35. This is a rare chance to acquire a well-positioned, high-performing asset in a thriving market. The diversified tenant base mitigates risk, while the strong market dynamics promise continued growth and return on investment.

Highlights

  • Flexible unit sizes maximize tenant retention and park growth.
  • Diversified tenant base mitigates risk.
  • Shorter lease terms allow for market rent adjustments.
  • Multiple tenants ensure stable occupancy and cash flow.
  • 2.5% vacancy rate reflects a strong industrial market.
  • High demand and reduced construction will tighten vacancy and increase rents.

Property Details for 8000 Bluewater Rd

Property type
Industrial properties, Distribution centers
Square Feet
201,720 SF
Class
B
Year Built
2000
Buildings
1

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0821263
Longitude
-106.7221849
8000 Bluewater Rd, Albuquerque, New Mexico

FAQs

What type of property is this?
Industrial property - 201,720 SF Multi-Tenant Industrial
Where is the industrial property located?
The property is located at 8000 Bluewater Rd Albuquerque, NM.
What are key features of this property?
This property features: Flexible unit sizes maximize tenant retention and park growth.; Diversified tenant base mitigates risk.; Shorter lease terms allow for market rent adjustments.
How can I contact the broker?
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8000 Bluewater Rd
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