RIVERSIDE PLAZA PROFESSIONAL OFFICE AT THE GATEWAY TO RIO RANCHO & ALBUQUERQUE

Size: px

Start display at page:

Download "RIVERSIDE PLAZA PROFESSIONAL OFFICE AT THE GATEWAY TO RIO RANCHO & ALBUQUERQUE"

Jesse Wilkinson
5 years ago
Views:

PROFESSIONAL AT THE GATEWAY TO RIO RANCHO & ALBUQUERQUE AVAILABLE SUITES + + Suite 210 4,914± RSF + +

50/RSF/YR Full Service PROPERTY FEATURES + + Ideally located at Coors and Montano in the path of fast

the City + + Situated within a neighborhood center that is a destination location for westside commuters

Multiple walkable amenities surrounding the property + + 3.

1 PROFESSIONAL AT THE GATEWAY TO RIO RANCHO & ALBUQUERQUE AVAILABLE SUITES + + Suite 210 4,914± RSF + + Suite 225 1,100± RSF + + Suite 260 2,617± RSF LEASE RATE + + $16.50/RSF/YR Full Service PROPERTY FEATURES + + Ideally located at Coors and Montano in the path of fast growing West Albuquerque + + At one of only 7 river crossings connecting the West and East quadrants of the City + + Situated within a neighborhood center that is a destination location for westside commuters + + Two-story professional office building + + Balconied office suites with bosque and mountain views + + Multiple walkable amenities surrounding the property /1,000 surface parking + + Easy access to major traffic arterials (Coors Rd N/S and Montano Rd E/W) + + Excellent visibility with 48,000 VPD + + Located on a bus route + + Bosque access near property

2 SUITE 210

3 SUITE 225

4 SUITE 260 CONFERENCE OPEN SUPPLY RECEPTION STOR PH

5 RIVERSIDE LN and many more amenities 8 Minutes (4.8 Miles) to I-40 New 109,159± SF Shopping Center 7 Minutes (4.5 Miles) to I-25 One of only 7 river crossings

6 AREA HIGHLIGHTS Albuquerque s Westside has been one of the fastest growing areas of the City in the past few years with a steady stream of new housing starts, new infrastructure endeavors including vital connections at Unser Blvd and Paseo del Volcan, and ongoing commercial development. With low cost of living and many affordable housing options, much of Albuquerque s younger workforce choose to live West of the Rio Grande River. Over 40 in-demand dining establishments within 3 mile radius LIVE/WORK/PLAY West Albuquerque accommodates every need with upscale apartments, hotels and professional offices YOUNG WORKFORCE 38% of the Albuquerque MSA population lives West of the river, 36.9% with a college degree REVERSE COMMUTE West Albuquerque provides decreased commute time by being closer to Westside workforce and providing a reverse commute to Eastside employees HIGHEST GROWTH POTENTIAL West Albuquerque offers large tracts of developable land and an expanding population, making it prime for future growth DEVELOPMENT West Albuquerque MSA has added three new hospitals, roads for better connectivity, university campuses, schools and retail options to serve the expanding population MASS TRANSIT West Albuquerque is well integrated into the mass transit system with multiple bus routes throughout the area and a transit HUB at Unser Blvd and Central Ave Over 9.6M SF of retail is located West of the river including one of the city s two regional shopping malls

DRIVE TIME MAP + + 20 minute drive from Riverside Plaza to almost all quadrants of the city + + < 2 minutes to the Montano River Crossing + + 20 Minutes to

7 DRIVE TIME MAP minute drive from Riverside Plaza to almost all quadrants of the city + + < 2 minutes to the Montano River Crossing Minutes to Albuquerque International Sunport (Airport) + + < 15 Minutes to Downtown Minutes to Uptown Minutes to Cottonwood Retail Area Downtown Uptown SUNPORT

ALBUQUERQUE QUICK FACTS Albuquerque is the state s major commercial center, serving as a hub for business, trade, finance, industry and government.

8 ALBUQUERQUE QUICK FACTS Albuquerque is the state s major commercial center, serving as a hub for business, trade, finance, industry and government. The Albuquerque metro area accounts for nearly 45% of the state s total employment. With a young population and the presence of the University of New Mexico, the Albuquerque metro area provides employers with an abundant, diverse and well-educated work force - 32% with bachelors degree or higher. A heavily government-centered economy with a stable employment base which is a hedge against swings in the private sector base. Albuquerque enjoys the benefits of low costs of living and doing business, 96% and 88%, respectively on a national scale of 100%. ALBUQUERQUE/RIO RANCHO MSA POPULATION 2018 ESTIMATED POPULATION 931, PROJECTED POPULATION 961,704 AVERAGE AGE 37.7 HOUSEHOLD INCOME 2018 ESTIMATED MEDIAN HOUSEHOLD INCOME $52, PROJECTED MEDIAN HOUSEHOLD INCOME $57, ESTIMATED HOUSEHOLDS 360,330 Albuquerque hosts more than 6.2 Million visitors per year and has over $2B in hospitality revenue a year. Two major interstates bisect the city: I-25 runs north to south and I-40 runs east to west. CBRE 6100 Uptown NE Suite 300 Albuquerque, NM T F CONTACT US JASON LOTT Vice President jason.lott@cbre.com MARGUERITE HAVERLY Senior Associate marguerite.haverly@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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Update 07/ 2018

1221 PLEASANT GROVE BLVD #150 ROSEVILLE, CA 95678

OFFICE CONDO 1221 PLEASANT GROVE BLVD #150 ROSEVILLE, CA 95678 OWNER/USER OPPORTUNITY OWNER/USER OPPORTUNITY Purchase Price: $607,500 (±$225 PSF) Lease Rate: $1.85 PSF Modified Gross ($4,995) The offering