Newport I, II & III

2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave Albuquerque, NM 87106

2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106
2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106
FOR SALE
Property Type:
Government/Municipalities
Amount:
$4,987,066
Last Verified:
Aug 11, 2024

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Highlights

  • ALL TENANTS ARE AFFILIATES OF THE U OF NEW MEXICO MEDICAL SYSTEM
  • BLDG 1-24,480 SF LEASED TO UNMM SINCE 2013-RENEWS 9/2031
  • BLDG 2-23,286 SF LEASED TO UNMM SINCE 2001- RENEWS 7/2028
  • BLDG 3-28.09%-22,384 SF LEASED TO UNMM SINCE 2007-RENEWS 6/2026
  • BLOCKS FROM UofM and UNIVERSITY OF NEW MEXICO HOSPITAL CAMPUS
  • TREMENDOUS UPSITE-CONVERT GROSS TO NET LEASES ON RENEWAL

Description

Medical office Buildings leased to The University of New Mexico Hospital System adjacent to Albuquerque International Airport.
12% Vacancy Upside
25% Rental Upside

Located in Opportunity Zone, Adjacent to Albuquerque International Airport
The economy of Albuquerque, New Mexico is mainly driven by its aerospace & defense industry, with companies such as Boeing and Lockheed Martin having a significant presence in the area. The city has also seen growth in renewable energy and technology-related startups, creating job opportunities for local residents. The largest industries in Albuquerque are Health Care & Social Assistance, Retail Trade, and Educational Services. The city’s unemployment rate is 7.4%, and future job growth over the next ten years is predicted to be 34.5%


Year Built: 1975
Building Size: 79683sq ft
Building Class: B
Lot Size: 6.07 acres

Map of 2600 & 2650 Yale Boulevard SE & 2350 Alamo Ave, Albuquerque, NM, 87106

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