Albuquerque Warehouse for rent

Warehouse Description

Situated at the bustling intersection of Juan Tabo and Lomas Boulevards, this 5.02-acre property boasts prime visibility and accessibility. With 56,000 vehicles passing through daily and Interstate 40 just half a mile away, it offers unmatched traffic flow. The area has undergone recent revitalization with the addition of Starbucks, Peter Piper Pizza, and Wecks, complementing the established presence of Albertsons, McDonald's, and Pizza Hut.

The property features a 43,325-square-foot warehouse with clear span design, concrete tilt-up construction, and a 24-foot clear height. Four drive-in doors (12' x 14') and one dock-high door (10' x 12') facilitate loading and unloading operations. Ample parking and a fenced and gated yard enhance security and convenience.

In addition, the property offers 1,200 square feet of office space complete with a reception area, private offices, a conference room, a break room, and restrooms. The office space can be customized to meet the specific needs of the tenant.

Tenant improvements include warehouse racking and shelving, a mezzanine for added storage, an HVAC system, and paint and finishes as per tenant specifications. The property is zoned for industrial use and is equipped with a sprinkler system, security system, and LED lighting throughout. It is also triple net, meaning the tenant is responsible for property taxes, insurance, and CAM charges.

The property is available for lease or sale with negotiable rates and terms. The asking price is $5,250,000, and the seller is willing to carry a note or consider a 1031 exchange.