FREE STANDING OFFICE BUILDING
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1 FOR SALE th St NW Coldwell Banker Commercial April Ager Real Estate Consultant Office Mobile 4801 Lang Ave NE, Suite 200A, Albuquerque, NM Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBCWorldwide.com
2 THE PROPERTY Free Standing Office Building th St NW PROPERTY DETAILS Professional Office Building- Do not disturb tenant- Contact broker to show and allow 24 hour notice- Many options available: 1. Owner-User; 2. Investment-Current tenant will exercise longer term lease options upon new buyer request PROPERTY SPECIFICATIONS PRICE Property Type: Office Sale Price: $260, Total SF Available: Lot Size: Possible Uses: +/ SF.22 Acres Office Building Retail Stores General Merchandising Other LOCATION INFORMATION Excellent free standing- corner office located on high traffic 4th St frontage Conveniently located to many services Easy freeway access +/- 18,800 CPD per 2015 Traffic Flow maps CBCWorldwide.com 2
3 PROPERTY PHOTOS CBCWorldwide.com 3
4 AERIAL CBCWorldwide.com 5
5 COMMERCIAL TRADE AREA REPORT Coldwell Banker Commercial Lang NE, Suite 100 Albuquerque, NM Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 7/26/2017
6 Criteria Used for Analysis Income: Median Household Income Age: Median Age Population Stats: Total Population Segmentation: 1st Dominant Segment $42, ,419 Exurbanites Consumer Segmentation Life Mode What are the people like that live in this area? Affluent Estates Established wealth--educated, well-travelled married couples Urbanization Where do people like this usually live? Suburban Periphery Affluence in the suburbs, married couple-families, longer commutes Top Tapestry Segments Exurbanites Front Porches Comfortable Empty Nesters Down the Road Midlife Constants % of Households 2,466 (18.8%) 2,240 (17.0%) 962 (7.3%) 908 (6.9%) 844 (6.4%) % of Albuquerque 8,957 (3.9%) 9,630 (4.2%) 9,855 (4.3%) 4,605 (2.0%) 5,425 (2.4%) Lifestyle Group Affluent Estates Middle Ground GenXurban Rustic Outposts GenXurban Urbanization Group Suburban Periphery Metro Cities Suburban Periphery Semirural Suburban Periphery Residence Type Single Family Multi-Units; Single Family Single Family Mobile Homes Single Family Household Type Married Couples Married Couples Married Couples Married Couples Married Without Kids Average Household Size Median Age Diversity Index Median Household Income $98,000 $39,000 $68,000 $36,000 $48,000 Median Net Worth $451,000 $21,000 $258,000 $30,000 $104,000 Median Home Value $346,000 $187,000 $104,000 $141,000 Homeownership 85.4 % 47.8 % 87.5 % 66.4 % 73.6 % Average Monthly Rent $890 Employment Professional or Management Services, Professional or Administration Professional or Management Services or Administration Professional or Services Education College Degree High School Graduate College Degree High School Graduate College Degree Preferred Activities Financial Media Vehicle Contract for home care services. Prefer natural, organic products. Invest actively; use financial planners Support public TV/radio Choose late-model luxury cars, SUVs Go online for games; visit dating websites, chat rooms. Play bingo, video games. Play golf; ski; work out regularly. Prefer to eat at home. Visit chat rooms; play games online. Go hunting, fishing. Have loans to pay bills Save/invest prudently Prefer convenience of frozen meals, fast food Watch Comedy Central, Nickelodeon, PBS Kids Sprout Listen to sports radio; watch sports on TV Watch Animal Planet on satellite TV Enjoy fun-to-drive cars Own 1-2 vehicles Bought used vehicle last year Attend church; are members of fraternal orders. Read; go fishing; play golf. Have retirement income, Social Security Watch country, Christian TV channels Own domestic SUVs, trucks Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 7/26/2017
7 Best Retail Businesses This chart shows the types of businesses that consumers are leaving an area to find. The business types represented by blue bars are relatively scarce in the area, so consumers go elsewhere to have their needs met. The beige business types are relatively plentiful in the area, meaning there are existing competitors for the dollars that consumers spend in these categories. Data Source: Retail Marketplace via Esri, 2016 Update Frequency: Annually Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 7/26/2017
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