814-816 1st Street NW, Albuquerque, NM 87102

Commercial property for lease

• Description
• Office warehouse at 814-816 1st Street NW for sale - great downtown location at the stop-lighted intersection of 1st Street and Lomas, with excellent visibility to 24,000 cars per day. The office warehouse comprises 17,800 Sq. Ft. overall, and 816 1st Street (10,000 Sq. Ft.) is leased to Sherwin-Williams Paint Company while 814 1st Street (7,800 Sq. Ft.) is presently vacant. So it is an excellent investment and owner/user opportunity. The property has a pro forma cap rate of 8.23%, 13.05% cash on cash return, and potential before tax IRR of 19.09%. There is 3-phase power in each unit, and five dock-high doors overall. Building price details: $1,175,000.
• Exterior Features

• Parking Type:

  Surface

• Contact info
• Bruce Golden
• Note

• Details Info about this row that located on 814-816 1st Street NW, Albuquerque, NM 87102 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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