The Office Space Search Engine

Search 1000s of commercial spaces by size, location, and price.

3900 San Mateo Blvd NE

Montogmery Park, Albuquerque, NM
Total Size
2,720 sqft
Zoning
Year Constructed
0
Year Renovated
0
Building Class

About 3900 San Mateo Blvd NE

Rare opportunity to own top-quality real estate leased to a credit tenant in a high-barrier to entry trade area.

Recently executed 5 year 2N lease. Tenant spent an estimated $150,000 on renovations. Excellent fundamentals and below market rents help create a sustainable location for the tenant and a low-risk investment for the buyer.

This asset checks all the boxes for fundamental real estate: Corner property, excellent visibility, strong traffic counts, easy access, credit tenant, below market rents, excellent demographics and daytime employment.

TitleMax has over 1,000 location nationwide and is widely recognized as the market leader in the title-loan industry.

The property is located in the mature & dense North-East Heights trade area, in the highly desirable Montgomery / San Mateo submarket. The Building is visible to over 35,700 cars per day. The trade area is destination for services throughout the Albuquerque MSA and has about 12,000 employees and over 20,700 residents within a 1-mile radius. This area has seen growth of approximately 6.73% from 2010 to 2013.

Albuquerque is a stable market with steady growth, which has been attracting investors from across the nation. The Albuquerque, NM MSA has a population of approximately 887,000 people and an annual projected growth rate of 7.2%. - Area description: The property is located in the mature & dense North-East Heights trade area, in the highly desirable Montgomery / San Mateo submarket. The Building is visible to over 35,700 cars per day. The trade area is destination for services throughout the Albuquerque MSA and has about 12,000 employees and over 20,700 residents within a 1-mile radius. This area has seen growth of approximately 6.73% from 2010 to 2013.

Albuquerque is a stable market with steady growth, which has been attracting investors from across the nation. The Albuquerque, NM MSA has a population of approximately 887,000 people and an annual projected growth rate of 7.2%. - Building condition: Excellent - Tenancy: Single Tenant

Internet Providers for 3900 San Mateo Blvd NE

Provider Technology Max Download Speed Max Upload Speed
Zayo Group, LLC Fiber
10 Gb/s
10 Gb/s
Comcast Cable
1 Gb/s
25 Mb/s
CenturyLink DSL
50 Mb/s
6 Mb/s
MegaPath DSL
50 Mb/s
50 Mb/s

The Neighborhood: Montogmery Park

Most listings are in the $20's per square foot per year. The Montogmery Park region is experiencing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.

Median Rate Median Size
Montogmery Park $21
/sqft/yr
14,000
sqft

Median Rate over Time in Montogmery Park