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Industrial or Investment For Lease
Industrial NNN Investment Opportunity
502 General Chennault Street SE, Albuquerque, New Mexico 87123
Details
- Category Industrial or Investment
- Type For Lease
- Sale Price $4,400,000.00
- CAP Rate 7.5%
- NOI $328,977
- Available Space ±32,923 SF
- Lot Size ±1.70 Acres
- Zoning NR-C
Description
- National single-tenant lease near Kirtland AFB
- 3 years, 4 months remaining (as of 11/1/2025) on initial lease term with a 3-year option to extend
- Large paved, fenced and gated ±1.7 acre lot
- Less than 5 minutes from Kirtland AFB, I-40, and ABQ International Airport
- 16’ – 22’ ceiling heights
- 1,600 amps of 3-phase power (208V & 480V)
- 4 – 18’ x 16’ drive-in doors
- Fully sprinklered
- 5% vacancy rate included in NOI
- Located in a HUB Zone
Documents
Listing Advisors
Office
Todd Strickland
- Direct505.998.5735
- Office505.878.0001
- Mobile505.450.1121
- Emailtodd@sunvista.com
Office
Rob Bridges, CCIM
- Direct505.878.0005
- Office505.878.0001
- Mobile505.977.5094
- Emailrob@sunvista.com
