7421 Bartlett St NE, Albuquerque, NM 87109

Choose nearby businesses to show on the map:

Building Details:

• Year Built: 2011

7421 Bartlett St NE is an office property located in Albuquerque, NM. The property currently has 1 office space for lease and is marketed by Marcus & Millichap.

OFFICE BUILDING CONSTRUCTED FOR THE STATE OF NEW MEXICO'S DIVISION OF VOCATIONAL REHABILITATION. CURRENT LEASE IS FOR TEN YEARS WITH TWO FIVE YEAR LEASE OPTIONS. BUILDING SETS ON ALMOST 2 ACRES WITH 29,270 SQ. FT. OF OFFICE SPACE. THE BUILDING WAS OCCUPIED ON NOVEMBER 1,2011. THIS IS A BANK OWNED PROPTERY, THE BANK PAID $6,124,960 AT A SPECIAL MASTER SALE ON DECEMBER 2012. ANNUAL GROSS RENTS ARE $478,000 WITH OPERATIONAL COST OF $143,400 FOR A NET OPERATING INCOME OF $334,600. THE CURRENT CAP RATE IS 7.97%. OUTSTANDING INVESTOR OPPORTUNITY. ALLOW TIME ON ALL OFFERS**WILL BE SHOWN ONLY AFTER ACCEPTANCE OF A LETTER OF INTENT AND SUPPORTING DOCUMENTATION OF QUALIFICATION. STATE OF THE ART BUILDING.

• Available Spaces

Suite	Space Type	Pricing	Size
---	Office Space	For lease: Per Person Pricing
View Details Listing company: Marcus & Millichap Pricing: Per Person Pricing Availability: Now Listing ID: 285767 Save to list