Matheson Tri-Gas Albuquerque, NM

1916 2nd Street Northwest
Albuquerque, NM

Price: $2,485,000
Cap Rate: 5.50%
NOI: $136,680
Building Size: Approx. 17,085 Sq. Ft.
Lot Size: Approx. 1.47 Acres
Type: Single-Tenant / Industrial
Sub Category: Office / Industrial
Year Built / Renovated: 1972 / 2000

Investment Overview

  • 17,085+/- SF Building on 1.47+/- Acre Site
  • New 7-Yr. Corporate Backed Net Lease w/ 3% Annual Rent Increases
  • Site is Strategically Located Just Off Hwy 40 (165,608 VPD)
  • Near The University of New Mexico, ABQ International Airport, and More
  • Strong Income Demos w/ an est. $66,463 within a 5-Mile Radius
  • Albuquerque | Urban Center of New Mexico | Population: 560,504