1010 18th Street Northwest is an office property for lease in Albuquerque, NM.
CBRE is pleased to present the opportunity to acquire 1010 18th Street NW, Albuquerque, NM 87104. The property is located in the heart of Albuquerque’s Old Town/Museum/Sawmill District. This District is undergoing a transformation, revitalizing the area and creating an eclectic vibe intermingled with the rich cultural history of Old Town.
+ 100% single occupancy by State of New Mexico Human Services Department with long-term lease in place.
+ Current lease at below market rate.
+ Close proximity to Old Town, museums, Hotel Albuquerque and its boutique hotel, Hotel Chaco.
+ Priced well below replacement cost and comparable sales in the market.
+ Parking ratio 4.4/1,000.
+ Cash or assumable loan in place.