For Sale
$2,750,000

6020 Academy RdAlbuquerque, NM 87109

Multi-tenant office building, strong cash flow.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 25,688 square foot, two-story office building presents a unique owner-user opportunity with in-place income. Located at 6020 Academy Rd NE in Albuquerque, New Mexico, this Class C property boasts a prime location in a high-traffic, high-density corridor, minutes from Interstate 25, a golf course, shopping, and restaurants. The building, constructed in 1980, features a newer TPO roof, common restrooms, HVAC throughout, and ample parking (100 spaces plus bike storage). Security is enhanced by a locked, fenced overnight parking lot and hard-wired, exterior security monitoring. Amenities include a tranquil courtyard picnic area and monument signage. Currently housing five tenants with a gross lease structure, the property offers significant investment potential. Seller financing is available. The ground floor (up to 13,280 square feet) will be available for occupancy in January 2025. The property sits on a 1.29-acre lot and is zoned NR-C. There is no deferred maintenance. The building is a two-story walk-up, with potential for elevator installation. The asking price is $2,750,000 ($107.05 per square foot). This is a rare opportunity to acquire a well-maintained, income-producing asset in a desirable Albuquerque location.

Highlights

  • Newer TPO roof.
  • Common restrooms.
  • HVAC throughout.
  • Secure, fenced overnight parking lot with 100 spaces plus bike storage.
  • Hardwired security system with exterior monitoring.
  • Courtyard with picnic area.

Property Details for 6020 Academy Rd

Property type
Office properties, Medical offices
Square Feet
25,688 SF
Class
C
Year Built
1980
Buildings
1
Stories
2
Lot Size (sq. ft)
56,192 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.14630410646
Longitude
-106.58058901573
6020 Academy Rd, Albuquerque, New Mexico

FAQs

What type of property is this?
Office property - Multi-tenant office building, strong cash flow.
Where is the office property located?
The property is located at 6020 Academy Rd Albuquerque, NM.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Newer TPO roof.; Common restrooms.; HVAC throughout.
How can I contact the broker?
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6020 Academy Rd
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