OFFICE BUILDING IN ALBUQUERQUE, NM 87112 - FOR SALE BY OWNER
Are you the owner of a service business who is tired of paying rent? You can own this two story office building with an elevator. I'm making it available for sale by owner. It's approximately 7500 sqft (3750 sqft each floor). And in excellent condition inside and out. Great for owner occupied one floor while leasing the spaces on the other floor or fully owner occupied. Will consider lease option.
The city is building a brand new building right across the street.
Lots of visual engagement (average traffic count is 11300 per day on Indian School and 35,000 per day on Eubank) make this location one of the best visible office locations available on the market today.
Great monument signage on Indian School provides lots of visual opportunities for you or your tenants.
Plenty of off-street parking.
Consider using an SBA 504 Loan for Commercial Building Purchase:
Take advantage of significant equity, tax and cash flow advantages by owning your commercial property!
With the SBA’s flagship program, the SBA 504 loan, you can finance this business investments with only 10% down.
The loan is designed for business owners like you looking to buy commercial buildings.
Consider these benefits when comparing owning vs. leasing:
There are many advantages to owning commercial property. Here is a list of many of the benefits so you can make the best decision for your business:
Fund your Retirement: By owning your building, you now have an asset that has value beyond the success and lifecycle of your business. After retiring your debt, you can continue to lease the property and gain income or you can sell it and take the proceeds to support your retirement.
Build equity: Investing in your business instead of supporting a landlord with your payments is often a smart business decision. We will help you look at your current lease payments and identify the benefits of purchasing property to add a real estate asset to your financial portfolio.
Fixed cost for building expense: By locking in a fixed rate, you will know your occupancy cost for the term of the loan which allows for stability and more accurate data for financial forecasting and planning. When you lease, you have to adjust to unexpected rent increases which makes your costs variable and less predictable.
Increase your borrowing power: With a loan, you build credit and can open up opportunities for borrowing in the future. Many businesses need multiple loans to support plans for growth. Increasing your borrowing power will help set you up as a strong candidate for additional financing.
Tax deductions: The costs associated with owning a commercial property can provide tax benefits in the form of mortgage interest and property taxes.
Cash flow: Depending on the rate and term your monthly payment could be less than a lease and help you preserve cash for other business uses.
