park avenue professional building for lease

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Las Colinas

PARK AVENUE PROFESSIONAL BUILDING FOR LEASE 924 Park Avenue SW, Suite B Albuquerque, NM 87102 Coldwell Banker Commercial Las Colinas April Ager Real Estate Consultant

505-563-4658 Office 505-269-5771 Mobile [email protected] 4801 Lang Ave NE, Suite 100, Albuquerque, NM 87109 © 2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

CBCWorldwide.com

Las Colinas

PARK AVENUE PROFESSIONAL BUILDING THE PROPERTY

Park Avenue Professional Building 924 Park Avenue SW, Suite B Albuquerque, NM 87102

PROPERTY DETAILS • Beautiful, unique, contemporary professional office building with bright open floor plan. • Bright open floor plan, conference room, private office, and plenty of secured parking. • Gated with security system, on-site management, and local owners. • Outdoor Private Patio with BBQ grill and patio tables in shaded garden area - perfect for summer time relaxation

PROPERTY SPECIFICATIONS

LEASE INFORMATION

Property Type:

Office

Available Suite:

B

Building Size:

+/- 24,000 SF

Suite SF:

+/- 2,553 SF

Available SF:

+/- 2,553 SF

Lease Rate:

$13.00 PSF

Lease Type:

Modified Gross

LOCATION INFORMATION • Centrally located off Central Avenue (Route 66). • Conveniently located near the Downtown Business District. • Across from beautiful Park Avenue Park. • Adjacent to Newly developed Apartments, Deli’s, Shoppes, and Local transportation.

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Las Colinas

PARK AVENUE PROFESSIONAL BUILDING SUITE B FLOOR PLAN

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Las Colinas

PARK AVENUE PROFESSIONAL BUILDING PROPERTY PHOTOS

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Las Colinas

PARK AVENUE PROFESSIONAL BUILDING PROPERTY PHOTOS

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Las Colinas

PARK AVENUE PROFESSIONAL BUILDING AERIAL

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GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups

Prepared By: April Ager Lat/Lon: 35.0851/-106.6585 RGRAP3

924 Park Ave SW 1 Mile

2 Miles

3 Miles

Population Estimated Population (2012) Projected Population (2017) Forecasted Population (2022) Census Population (2010) Census Population (2000) Projected Annual Growth (2012-2017) Historical Annual Growth (2010-2012) Historical Annual Growth (2000-2010) Estimated Population Density (2012) Trade Area Size

12,612 13,272 13,300 12,313 12,802 660 1.0% 299 -2.0% -489 -0.4% 4,018 psm 3.1 sq mi

43,851 46,233 46,333 42,773 42,435 2,383 1.1% 1,078 0.4% 337 0.1% 3,492 psm 12.6 sq mi

99,056 104,485 104,711 96,601 94,271 5,429 1.1% 2,455 1.2% 2,330 0.2% 3,505 psm 28.3 sq mi

Race and Ethnicity (2012) Not Hispanic or Latino Population White Black or African American American Indian or Alaska Native Asian Hawaiian or Pacific Islander Other Race Two or More Races Hispanic or Latino Population White Black or African American American Indian or Alaska Native Asian Hispanic Hawaiian or Pacific Islander Other Race Two or More Races

©2015, Sites USA, Chandler, Arizona, 480-491-1112

5,591 3,573 283 610 98 10 146 871 7,021 4,539 106 59 32 12 497 1,776

page 1 of 3

44.3% 63.9% 5.1% 10.9% 1.8% 0.2% 2.6% 15.6% 55.7% 64.6% 1.5% 0.8% 0.5% 0.2% 7.1% 25.3%

15,121 9,435 888 1,343 341 21 451 2,643 28,730 16,151 430 659 208 37 2,887 8,356

34.5% 62.4% 5.9% 8.9% 2.3% 0.1% 3.0% 17.5% 65.5% 56.2% 1.5% 2.3% 0.7% 0.1% 10.0% 29.1%

34,366 22,595 1,801 2,582 945 44 905 5,494 64,690 36,633 844 1,448 440 73 6,882 18,371

34.7% 65.7% 5.2% 7.5% 2.8% 0.1% 2.6% 16.0% 65.3% 56.6% 1.3% 2.2% 0.7% 0.1% 10.6% 28.4%

This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Albuquerque, NM

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography

GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups

Prepared By: April Ager Lat/Lon: 35.0851/-106.6585 RGRAP3

924 Park Ave SW 1 Mile

2 Miles

3 Miles

Age Distribution (2008) Age Under 5 Years

618

4.9%

2,758

6.3%

6,330

6.4%

Age 5 to 9 Years

504

4.0%

2,426

5.5%

5,851

5.9%

Age 10 to 14 Years

413

3.3%

2,267

5.2%

5,518

5.6%

Age 15 to 19 Years

554

4.4%

3,243

7.4%

7,964

8.0%

Age 20 to 24 Years

1,100

8.7%

4,497 10.3%

9,803

9.9%

Age 25 to 29 Years

1,366 10.8%

4,145

9.5%

8,549

8.6%

Age 30 to 34 Years

1,193

9.5%

3,361

7.7%

7,034

7.1%

Age 35 to 39 Years

972

7.7%

2,867

6.5%

6,119

6.2%

Age 40 to 44 Years

899

7.1%

2,650

6.0%

5,733

5.8%

Age 45 to 49 Years

845

6.7%

2,649

6.0%

5,924

6.0%

Age 50 to 54 Years

883

7.0%

2,739

6.2%

6,210

6.3%

Age 55 to 59 Years

934

7.4%

2,677

6.1%

6,214

6.3%

Age 60 to 64 Years

790

6.3%

2,347

5.4%

5,303

5.4%

Age 65 to 69 Years

515

4.1%

1,722

3.9%

4,053

4.1%

Age 70 to 74 Years

337

2.7%

1,195

2.7%

2,979

3.0%

Age 75 to 79 Years

270

2.1%

880

2.0%

2,121

2.1%

Age 80 to 84 Years

197

1.6%

656

1.5%

1,633

1.6%

Age 85 Years or Over

222

1.8%

772

1.8%

1,717

1.7%

Median Age

37.1

33.7

34.1

Generation (2012) Generation 9/11 Millennials (Age Under 10 Years)

1,122

8.9%

5,184 11.8%

12,180 12.3%

Gen Y to Echo Boomers (Age 10 to 29 Years)

3,433 27.2%

14,151 32.3%

31,833 32.1%

Gen Xers (Age 30 to 49 Years)

3,908 31.0%

11,527 26.3%

24,810 25.0%

Baby Boomers (Age 50 to 69 Years)

3,123 24.8%

9,484 21.6%

21,781 22.0%

Silent Generation (Age 70 to 79 Years)

607

4.8%

2,075

4.7%

5,100 5.1%

G.I. Generation (Age 80 Years or Over)

419

3.3%

1,428

3.3%

3,351 3.4%

©2015, Sites USA, Chandler, Arizona, 480-491-1112

page 2 of 3

This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Albuquerque, NM

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography

GRAPHIC PROFILE 2000-2010 Census, 2012 Estimates with 2017 Projections Calculated using Proportional Block Groups

Prepared By: April Ager Lat/Lon: 35.0851/-106.6585 RGRAP3

924 Park Ave SW 1 Mile

2 Miles

3 Miles

Household Type (2012) Total Households Family Households Family Households with Children Family Households No Children Non-Family Households Non-Family Households with Children Non-Family Households No Children

5,994 2,215 924 1,291 3,779 13 3,765

21.5% 41.7% 58.3% 21.5% 0.4% 99.6%

18,748 8,924 4,550 4,374 9,824 42 9,782

23.3% 51.0% 49.0% 23.3% 0.4% 99.6%

40,590 21,490 11,207 10,283 19,100 85 19,015

25.3% 52.1% 47.9% 25.3% 0.4% 99.6%

1,811 1,755 2,422 3,435

19.2% 18.6% 25.7% 36.5%

7,559 6,073 7,211 7,817

26.4% 21.2% 25.2% 27.3%

14,728 14,985 16,273 17,605

23.2% 23.6% 25.6% 27.7%

13.9% 54.8% 12.8% 18.0% 5.5% 5.5% 3.6%

$42,039 $30,992 2,973 10,765 2,351 2,776 1,100 1,100 643

15.9% 57.4% 12.5% 14.8% 5.9% 5.9% 3.4%

$45,834 $35,898 5,442 20,752 5,987 6,867 2,643 2,643 1,631

13.4% 51.1% 14.8% 16.9% 6.5% 6.5% 4.0%

Education Attainment (2012) Elementary or Some High School High School Graduate Some College or Associate Degree Bachelor or Graduate Degree

Household Income (2012) Estimated Average Household Income Estimated Median Household Income HH Income Under $10,000 HH Income $10,000 to $34,999 HH Income $35,000 to $44,999 HH Income $50,000 to $79,999 HH Income $80,000 to $94,999 HH Income $100,000 to $149,999 HH Income $150,000 or More

©2015, Sites USA, Chandler, Arizona, 480-491-1112

$43,767 $32,662 836 3,287 765 1,079 328 328 217

page 3 of 3

This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.

Albuquerque, NM

Demographic Source: Applied Geographic Solutions 06/2012, TIGER Geography