Las Colinas FOR LEASE 924 Park Avenue SW Albuquerque, NM 87102 Coldwell Banker Commercial Las Colinas April Ager Real Estate Consultant 505-563-4658 Office 505-269-5771 Mobile AprilA@CBCWorldWide.com 4801 Lang Ave NE, Suite 100, Albuquerque, NM 87109 2015 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
Las Colinas THE PROPERTY Park Avenue Professional Building 924 Park Avenue SW, Suite B Albuquerque, NM 87102 PROPERTY DETAILS Multi-Tenant contemporary professional office Bright open floor plan, conference room, private office, and plenty of secured parking. Gated with security system, on-site management, and local owners. Outdoor Private Patio with BBQ grill and patio tables in shaded garden area - perfect for summer time relaxation PROPERTY SPECIFICATIONS Property Type: Building Size: Available SF: Office +/- 24,000 SF +/- 2,559-3,166 SF SUITES A & B CAN BE ADJOINING A & B total SF: +/- 3,559 SF Call Broker for Additional Information LEASE INFORMATION Available Suite: Suite SF: Lease Rate: Lease Type: Available Suite: Suite SF: Lease Rate: Lease Type: A +/- 1,000 SF $13.00 PSF Modified Gross Tenant Pays: Gas & Electric B +/- 2,559 SF $13.00 PSF Modified Gross Tenant Pays: Gas & Electric LOCATION INFORMATION Centrally located off Central Avenue (Route 66). Conveniently located near the Downtown Business District. Across from beautiful Park Avenue Park. Available Suite: Suite SF: Lease Rate: Lease Type: E +/- 2,997 SF $13.00 PSF Modified Gross Tenant Pays: Gas & Electric Adjacent to Newly developed Apartments, Deli s, Shoppes, and Local transportation. Approximately 4,700 CPD (2015 Traffic Flow maps) CBCWorldwide.com 2
Las Colinas SUITE B FLOOR PLAN CBCWorldwide.com 3
Las Colinas PROPERTY PHOTOS CBCWorldwide.com 4
Las Colinas PROPERTY PHOTOS CBCWorldwide.com 5
Las Colinas AERIAL CBCWorldwide.com 6
GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups April Ager Lat/Lon: 35.0851/-106.6585 924 Park Ave SW Albuquerque, NM 1 Mile 3 Miles 5 Miles RGRAP3 Population Estimated Population (2012) 12,612 99,056 252,628 Projected Population (2017) 13,272 104,485 266,703 Forecasted Population (2022) 13,300 104,711 267,287 Census Population (2010) 12,313 96,601 246,258 Census Population (2000) 12,802 94,271 212,355 Projected Annual Growth (2012-2017) 660 1.0% 5,429 1.1% 14,075 1.1% Historical Annual Growth (2010-2012) 299-2.0% 2,455 1.2% 6,370 6.9% Historical Annual Growth (2000-2010) -489-0.4% 2,330 0.2% 33,902 1.6% Estimated Population Density (2012) 4,018 psm 3,505 psm 3,218 psm Trade Area Size 3.1 sq mi 28.3 sq mi 78.5 sq mi Race and Ethnicity (2012) Not Hispanic or Latino Population 5,591 44.3% 34,366 34.7% 94,658 37.5% White 3,573 63.9% 22,595 65.7% 60,250 63.6% Black or African American 283 5.1% 1,801 5.2% 5,223 5.5% American Indian or Alaska Native 610 10.9% 2,582 7.5% 7,242 7.7% Asian 98 1.8% 945 2.8% 3,058 3.2% Hawaiian or Pacific Islander 10 0.2% 44 0.1% 139 0.1% Other Race 146 2.6% 905 2.6% 2,356 2.5% Two or More Races 871 15.6% 5,494 16.0% 16,391 17.3% Hispanic or Latino Population 7,021 55.7% 64,690 65.3% 157,970 62.5% White 4,539 64.6% 36,633 56.6% 91,159 57.7% Black or African American 106 1.5% 844 1.3% 2,536 1.6% American Indian or Alaska Native 59 0.8% 1,448 2.2% 4,457 2.8% Asian 32 0.5% 440 0.7% 988 0.6% Hispanic Hawaiian or Pacific Islander 12 0.2% 73 0.1% 219 0.1% Other Race 497 7.1% 6,882 10.6% 12,616 8.0% Two or More Races 1,776 25.3% 18,371 28.4% 45,995 29.1% This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2017, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography
GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups April Ager Lat/Lon: 35.0851/-106.6585 924 Park Ave SW Albuquerque, NM 1 Mile 3 Miles 5 Miles RGRAP3 Age Distribution (2008) Age Under 5 Years 618 4.9% 6,330 6.4% 18,089 7.2% Age 5 to 9 Years 504 4.0% 5,851 5.9% 17,231 6.8% Age 10 to 14 Years 413 3.3% 5,518 5.6% 15,821 6.3% Age 15 to 19 Years 554 4.4% 7,964 8.0% 18,040 7.1% Age 20 to 24 Years 1,100 8.7% 9,803 9.9% 21,362 8.5% Age 25 to 29 Years 1,366 10.8% 8,549 8.6% 21,167 8.4% Age 30 to 34 Years 1,193 9.5% 7,034 7.1% 19,199 7.6% Age 35 to 39 Years 972 7.7% 6,119 6.2% 16,524 6.5% Age 40 to 44 Years 899 7.1% 5,733 5.8% 15,430 6.1% Age 45 to 49 Years 845 6.7% 5,924 6.0% 15,583 6.2% Age 50 to 54 Years 883 7.0% 6,210 6.3% 16,061 6.4% Age 55 to 59 Years 934 7.4% 6,214 6.3% 15,485 6.1% Age 60 to 64 Years 790 6.3% 5,303 5.4% 13,076 5.2% Age 65 to 69 Years 515 4.1% 4,053 4.1% 9,586 3.8% Age 70 to 74 Years 337 2.7% 2,979 3.0% 6,880 2.7% Age 75 to 79 Years 270 2.1% 2,121 2.1% 4,949 2.0% Age 80 to 84 Years 197 1.6% 1,633 1.6% 3,861 1.5% Age 85 Years or Over 222 1.8% 1,717 1.7% 4,285 1.7% Median Age 37.1 34.1 34.0 Generation (2012) Generation 9/11 Millennials (Age Under 10 Years) 1,122 8.9% 12,180 12.3% 35,320 14.0% Gen Y to Echo Boomers (Age 10 to 29 Years) 3,433 27.2% 31,833 32.1% 76,390 30.2% Gen Xers (Age 30 to 49 Years) 3,908 31.0% 24,810 25.0% 66,737 26.4% Baby Boomers (Age 50 to 69 Years) 3,123 24.8% 21,781 22.0% 54,207 21.5% Silent Generation (Age 70 to 79 Years) 607 4.8% 5,100 5.1% 11,829 4.7% G.I. Generation (Age 80 Years or Over) 419 3.3% 3,351 3.4% 8,146 3.2% This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2017, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography
GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups April Ager Lat/Lon: 35.0851/-106.6585 924 Park Ave SW Albuquerque, NM 1 Mile 3 Miles 5 Miles RGRAP3 Household Type (2012) Total Households 5,994 40,590 102,099 Family Households 2,215 21.5% 21,490 25.3% 58,591 25.7% Family Households with Children 924 41.7% 11,207 52.1% 32,373 55.3% Family Households No Children 1,291 58.3% 10,283 47.9% 26,218 44.7% Non-Family Households 3,779 21.5% 19,100 25.3% 43,508 25.7% Non-Family Households with Children 13 0.4% 85 0.4% 188 0.4% Non-Family Households No Children 3,765 99.6% 19,015 99.6% 43,320 99.6% Education Attainment (2012) Elementary or Some High School 1,811 19.2% 14,728 23.2% 31,632 19.5% High School Graduate 1,755 18.6% 14,985 23.6% 39,468 24.4% Some College or Associate Degree 2,422 25.7% 16,273 25.6% 45,434 28.0% Bachelor or Graduate Degree 3,435 36.5% 17,605 27.7% 45,551 28.1% Household Income (2012) Estimated Average Household Income $43,767 $45,834 $50,629 Estimated Median Household Income $32,662 $35,898 $40,332 HH Income Under $10,000 836 13.9% 5,442 13.4% 11,008 10.8% HH Income $10,000 to $34,999 3,287 54.8% 20,752 51.1% 46,020 45.1% HH Income $35,000 to $44,999 765 12.8% 5,987 14.8% 16,536 16.2% HH Income $50,000 to $79,999 1,079 18.0% 6,867 16.9% 17,796 17.4% HH Income $80,000 to $94,999 328 5.5% 2,643 6.5% 8,192 8.0% HH Income $100,000 to $149,999 328 5.5% 2,643 6.5% 8,192 8.0% HH Income $150,000 or More 217 3.6% 1,631 4.0% 4,287 4.2% This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2017, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 3 Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography