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4501-4801 Indian School Rd NE
Albuquerque, NM 87110

Pinetree Corporate Center · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Building Size
219,709 SF
Building Class
B
Year Built
1975
Building Height
2 Stories
Typical Floor Size
109,854 SF
Building FAR
0.42
Lot Size
12.00 AC
Zoning
SU-1
Parking
667 Spaces (3.03 Spaces per 1,000 SF Leased)

About 4501-4801 Indian School Rd NE , Albuquerque, NM 87110

INVESTMENT HIGHLIGHTS TREMENDOUS OPPORTUNITY FOR VALUE ORIENTED INVESTOR OR OWNER/USER Value-add investors have the potential for significant return on investment by implementation of a comprehensive leasing program or redevelopment of portions of the property into a mixed-use development. Pinetree is located in a proven office submarket with other comparable office properties near 91%+ occupancy. The location offers larger tenants opportunity to be close to the popular Uptown submarket which currently has no vacancy for large space requirements. Owner/users have the opportunity of owning a flexible office campus with high visibility and many on-campus and surrounding amenities. EXCEPTIONAL LOCATION Pinetree Corporate Center is ideally situated adjacent to Interstate 40 with high visibility and exposure to 188,800 vehicles per day. The property is also in close proximity to the popular Uptown submarket which is highly sought after by top office tenants. Since the Uptown office vacancy rate is expected to remain low in the coming quarters, Pinetree is an obvious choice for tenants looking for a professional office space in close proximity to the Uptown area. INFILL REDEVELOPMENT POTENTIAL Envision a mixed-use development with office space, a hotel, a cafe and fitness center. Perhaps the site includes apartments or a senior living facility. As an infill site, Pinetree offers GREAT visibility, GREAT access and GREAT potential. The site can be redeveloped to a higher density use to include: + Contact Center + Educational Facilities + Hotel + Multifamily + Senior Living And while redevelopment is underway, there is a revenue stream supporting the retained uses on the property. Take a close look at Pinetree Corporate Center. The OPPORTUNITY is here.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-017-059-337023-4-01-09
Land Assessment
$907,299
Improvements Assessment
$2,203,190
Total Assessment
$3,110,489
  • Listing ID: 9757518

  • Date on Market: 10/26/2017

  • Last Updated:

  • Address: 4501-4801 Indian School Rd NE, Albuquerque, NM 87110

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