INCREDIBLE OPP @ $1.995 MM ($57/sf) NORTH I-25 FLEX OFFICE/WHSE 35K SF FACILITY ON 1.67 ACRES 3921 Academy Parkway North - Approx 1/2 Mile from Osuna/I-25
Versatile 35K+/- SF Flex Office with Lab Space in North I-25 Corridor 3-Story, 22K+ Office Building Connected to 13K +/- Hi-Bay Lab Area Heavy 3-Phase Electric Distributed Throughout Warehouse Area Outdoor Dock Area with Ability to Accommodate Multiple Trucks Lab Area is Currently Configured into Numerous Testing Pods That Could Easily be Demolished to Create Large Manufacturing Space Whse Ceiling Height of Close to 15 Flexible M-1, City Zoning Allows for a Variety of Uses Parking Lot & Landscaping Refurbishment Recently Completed Currently Occupied by Longtime Government Contractor Thru 2016 Great Opportunity For Owner/User To Occupy Entire or Portion of Facility PRICE REDUCED to $ 1,995,000, or $57+/- per Building SF FOR LEASE ALSO OFFICE PORTION @ $8.00/SF NNN or ENTIRE 35K FACILITY FOR LEASE @ BLENDED RATE OF $7.45/SF NNN Contact: Mark Edwards dwards ommercial ealty, LLC Leasing Brokerage Development Executive West Bldg. 2929 Coors Blvd. NW Ste, #202 Albuquerque, NM 87120 505-998-7298 Cell 505-350-8211 Fax 505-998-7299 Mark.Edwards@EdwardsCommercialRealty.com This information was obtained from sources deemed reliable. No warranty is made by Edwards Commercial Realty, LLC as to the accuracy or completeness of this material. The pricing and sale/lease terms are subject to change
SITE PICTURES
OFFICE BUILDING INTERIOR PICS (22,017 SF, 3-STORY WITH ELEVATOR)
LAB BLDG INTERIOR PICS (12,930 SF, HI-BAY WHSE ABUTTING OFFICE BLDG)
PROPERTY PROFILE Project: CURRENTLY OPERATED AS OFFICE & LAB FACILITY Location: 3921 Academy Parkway NE 87109 In North I-25 Corridor Albuquerque, New Mexico Land Area: Legal Description: Improvements Description: Zoning: Year Built: Gross Building Area: 1.673+/- Acres TRACT G, a parcel of land within Interstate Industrial Tract, Bernalillo County, New Mexico The property consists of a three-story, office/laboratory facility comprised of tilt-up concrete construction with a total building area of 34,947 SF, of which 22,017 SF represents the office portion and 12,930 SF represents the lab/storage area. The office portion and the lab spaces are connected via a door entry on the 2 nd level of the office portion. The office portion contains a variety of private offices and open landscape on each floor. Each floor within the office area contains a men s (one urinal, one stall) and women s (two stalls) restroom, each with two sinks. The adjacent laboratory/storage area consists of an east-west corridor along the span of the lab area, which separates numerous work areas on both sides of the corridor. The lab area contains epoxy-coated concrete floors with reinforced concrete. The ceiling within the warehouse walls is exposed, with hanging fluorescent light fixtures. Heating and cooling are provided by a combination of HVAC airconditioning and gas-forced air units. In addition, the laboratory areas are highly ventilated with elephant-trunk air ducts providing air circulation to individual work areas. The roof is tar and gravel built up with modified bitumen. The building has three-phase electric with a minimum of 800 amps with emergency power backup units, explosion-proof electrical outlets (in lab area), and a sophisticated security system. Additional property features include elevator in office portion and semi-truck loading docks for up to 4 trucks at a time. M-1, City of Albuquerque Early 1980s 34,947 SF with 22,017 SF office portion (63% office) and 12,930 SF lab/storage area (37%) # of Stories: Three-story office portion with abutting one-story lab building Property Status: Currently leased to government contractor thru 2016. # of Parking Spaces: 71 on-site parking stalls in its current configuration with availability to street parking along the two adjacent arteries, Academy Parkway and Washington. In addition, parking lot could be redesigned to create more spaces. SALE PRICE: LEASE RATE: $2,950,000, $2,625,000, $1,995,000 ($57/BLDG SF) $8.00/SF NNN (Office only) or $7.45/SF NNN (Entire) Information was obtained from sources deemed reliable. Edwards Commercial Realty, LLC makes no warranty as to the accuracy or completeness of this material. This information is subject to change.
SITE PLAN
FIRST FLOOR OFFICE PORTION
2 ND FLOOR OFFICE & LAB SPACE (SAME LEVEL)
THIRD FLOOR OFFICE PORTION