1520 Tramway Blvd NE
$2,400,000
1520 Tramway Boulevard Northeast, Albuquerque, NM 87112
12,928 sqft
Building Size
Details:
Highlights:
- Strong Long-Term Tenant in Place: Fully leased to a stable, low-maintenance tenant on a long-term agreement, providing immediate income with minimal landlord involvement.
- Turnkey Investment with Reliable Cash Flow: Excellent passive income opportunity with established, consistent cash flow from day one.
- Real Estate Only – Business Not Included: Clean transaction focused on the real estate asset only — tenant’s business is not part of the sale.
- Strategic Location with High Visibility: Situated on Tramway Blvd NE, offering high traffic counts, strong neighborhood demographics, and easy access to major arterials.
- Well-Maintained Building: Pride of ownership evident throughout – minimal capex required; ideal for remote or hands-off investors.
- Desirable Asset Class: Great entry point or portfolio addition for investors seeking stabilized returns in the Albuquerque market.
Description:
PROPERTY OVERVIEW
12,928 SF | Fully Leased | Income-Producing Asset
This is your chance to own a stabilized, income-producing commercial property in one of Albuquerque’s most desirable and visible corridors. Positioned on a prominent stretch of Tramway Blvd NE, this ±7,800 square foot building is fully leased to a long-term tenant and delivers strong, consistent cash flow with minimal management required.
The current tenant is a well-established, professional operator with a long-term lease in place, providing a reliable income stream and making this a turnkey investment from day one. The lease structure allows for low landlord responsibilities, offering true passive income—ideal for investors seeking a low-maintenance asset.
Key Highlights:
• 12,928 SF Freestanding Commercial Building
• Efficient single-level layout with flexible interior space, ideal for a variety of professional and medical uses.
• Long-Term Tenant in Place
• Tenant operates a successful, low-impact business and has demonstrated strong lease compliance and stability.
• Prime Location with Exceptional Visibility
• Located on highly trafficked Tramway Blvd NE with easy access to I-40, nearby amenities, and high-income neighborhoods.
• Passive Income with Excellent Cash Flow
• Investment-grade returns with the benefit of long-term occupancy and minimal operating costs.
• Recent Upgrades and Professional Maintenance
• Property shows pride of ownership and has been kept in excellent condition, reducing future capital needs.
• Perfect for 1031 Exchange or Portfolio Diversification
• Secure, tenant-occupied investment with immediate yield—ideal for investors repositioning capital.
Documents:
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Location

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