AVAILABLE NORTH I-25 INDUSTRIAL OWNER/USER OPPORTUNITY ALBUQUERQUE, NM 87113 THE OPPORTUNITY - WHY BUILD WHEN YOU CAN OWN TODAY? CBRE is pleased to present this opportunity to acquire 5300 Eagle Rock NE. This is an excellent owner/user and investor opportunity that includes a quality North I-25 warehouse with current income stream through April 2019. Currently a multi-tenant building with three tenants. Owner can occupy a portion or the entire building in 16 months at a price below replacement cost. INVESTMENT SUMMARY Building SF Acreage Description Percent Occupied 40,300± SF 2.99± ac Single story industrial warehouse 100% through April 2019 Price $4,500,000 Monthly Income $21,550 Zoning Year Built 1999 SU-2 for M1 PROPERTY HIGHLIGHTS + + 100% occupied through April 2019 + + Building features include 28 clear height, EFSR Fire Suppression System, 4 dock doors, 1 UPS height door, concrete tilt-up construction and 3-phase power + + Good visibility from Alameda Blvd and San Mateo Blvd, provides signage availability + + 1-25 access via Alameda Blvd + + Large paved/fenced yard and ample parking + + Proximity to the I-25/I-40 interchange allowing good local and regional access + + Centrally located in the North 1-25 submarket + + HUBZone qualified
Albuquerque, NM FINANCIAL ANALYSIS - BUY VS. BUILD 5300 EAGLE ROCK SAVE MONEY SAVE TIME REDUCE RISK 1 SAVE MONEY + + Scheduled cash flow from 3rd party tenants through April 2019 + + Priced below replacement cost for Class A industrial North I-25 submarket 2 SAVE TIME + + Designed, permitted and constructed Class A industrial building + + No architectural meetings + + No contractor meetings + + No construction oversight 3 REDUCE RISK + + No risk of permitting and construction related delays + + No risk of construction cost increases + + No risk of change orders
Albuquerque, NM FINANCIAL ANALYSIS - BUY VS. BUILD 5300 EAGLE ROCK PURCHASE SCENARIO Occupancy Cost based on List Price of $4.5 million, assumes purchase date of 5/1/2018. Year of Lease Year 1 Year 2 Year 3 Year 4 Year 5 Cumulative Loan Balance $3,600,000 $3,517,372 $3,431,163 $3,341,217 $3,247,374 $3,149,464 $3,149,464 Annual Debt Svcs $234,031 $234,031 $234,031 $234,031 $234,031 $234,031 $1,404,184 Income $(258,600) $(258,600) Downpayment Cumulative Out of Pocket Downpayment Cumulative Out of Pocket $900,000 $900,000 $875,431 $1,109,461 $1,343,492 $1,577,523 $1,811,554 $2,045,584 $2,045,584 NEW CONSTRUCTION SCENARIO Assumes land, building & development cost of $4.7 million - construction complete 5/1/2019. Year of Construction Year 1 Year 2 Year 3 Year 4 Year 5 Cumulative Loan Balance $3,760,000 $3,673,699 $3,583,659 $348,976 $3,391,702 $3,391,702 Annual Debt Service $120,266 $240,532 $249,633 $249,633 $249,633 $249,633 $1,239,063 Income $- $- $940,000 $940,000 $940,000 $1,180,532 $1,430,165 $1,679,797 $1,929,430 $2,179,063 $2,179,063 Construction Assumptions Land $10 psf Building $65 psf TI $45 psf Soft Cost 20% Hard Cost BUY VS. BUILD SUMMARY - OVER 5 YEAR PERIOD: $133,479 less cumulative cash out of pocket when purchasing 5300 Eagle Rock vs. New Construction $242,238 lower cumulative loan balance when purchasing 5300 Eagle Rock vs. New Construction
Albuquerque, NM FLOOR PLAN Not to scale N
Albuquerque, NM SITE PLAN Not to scale
AVAILABLE FOR SALE 5300 Eagle Rock Albuquerque, NM Eagle Rock Ave San Mateo Blvd I-25 Alameda Blvd N CONTACT US s, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the Information ) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as CBRE ). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, onnection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID:L08 MapId:1961298 TOM JENKINS, CCIM, SIOR First Vice President +1 505 837 4901 tom.jenkins@cbre.com JIM SMITH, CCIM, SIOR First Vice President +1 505 837 4923 jsmith@cbre.com BARBARA CUOCO Associate +1 505 837 4919 barbara.cuoco@cbre.com 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. Updated 01/18 CBRE 6100 Uptown NE Albuquerque, NM 87110 t. +1 505 837 4999 f. +1 505 837 4994 www.cbre.com/abq w w w.c b r e.c om/albuque r que