North I-25 Office Building for Sale

Office for Sale
Sale Pending
Catylist Listing ID: 29977611
Property Subtypes: Office Building, General
Status: Pending
Building Size (RSF): 80,029 SF
Gross Building Area: See Agent
Gross Land Area: 3 Acres
Sale Price: $5,500,000
Unit Price: $68.73 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: NorthPointe Plaza
Class of Space: Class B
Sale Terms: Cash to Seller
Last Updated: 1/16/2019

Overview / Comments

PRICE REDUCED TO $5,500,000 !

Great Owner-Occupant Opportunity! Priced at only $68/SF, NorthPointe Office Plaza is an updated property located in the desirable North I-25 corridor. The new owner can occupy up to 58,000 SF and collect income from the existing tenants.

Across from Northside Presbyterian & Eye Associates, the property is a great location for medical and professional offices.

Convenient location adjacent to I-25 access at San Mateo interchange.

259 parking spaces with 45 covered for 3.32 / 1,000

Recent $2 million capital improvements and finishes ...Million dollar upgrade to HVAC system and exterior finishes, Floor Lobbies and Common Areas Renovated.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Far Northeast
Tax ID/APN: 101806204324530336
Zoning: MX-T - Mixed-use: Transition
Site Description: Great North I-25 Location & Access. Just South of Northside Presbyterian Hospital and just east of Nativo Lodge.
Area Description: Close to retail corridor by Far North Shopping Center and San Mateo restaurants, shops, Starbucks.
Total Number of Buildings: 1
Number of Stories: 4
Construction/Siding: Other
Parking Ratio: 3.3 (per 1000 SF)
Total Parking Spaces: 259
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,241 115,120 295,136
Median Age: 36.69 39.66 39.72
Households: 6,413 49,873 129,793


Photograph of Listing Agent

Barbara Haase

Cauwels & Stuve Realty & Dev.
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.