2350 Alamo Ave.

NEWPORT 3 | $2,700,000

Newport III Building is located just east side of Yale, in close proximity to Sunport / I-25 interchange. Built in 1975, this two story, 30,124 RSF building is leased to strong credit tenants. The property is located in a HUB Zone – which encourages economic development. Currently offered at an 8.0% cap rate.

RSF

30,124 SF

CAP RATE

8 %

POTENTIAL NOI

$ 217,866

LOT SIZE

2.46 Acres (one platted parcel; 3 buildings)

BUILDING CLASS

B

YEAR BUILT

1975

ZONING

SU-1

MARKET/SUB-MARKET

ABQ/Airport

Contact Us

3817 Academy Pkwy S NE, Albuquerque, NM 87109

P.O. Box 91144 Albuquerque, NM 87199

© 2023 by Commercial Real Estate Services

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