Retail-Restaurant-Office-Near Airport

Retail-Commercial for Sale
Sale Pending
Also listed as Hospitality
Catylist Listing ID: 29979252
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Building Size (RSF): 19,500 SF
Gross Land Area: 1.05 Acres
Sale Price: $1,100,000
Unit Price: $56.41 PSF
Ceiling: 20 ft.
Property Use Type: Investment, Business
Building Name: Airport- Retail- Restaurant- Office
Usable Size (USF): 19,500 SF
Sale Terms: Cash to Seller, Owner Financing, Sale/Leaseback
Cap Rate: Undisclosed
Last Updated: 6/19/2017

Overview / Comments

Great location near Airport with good traffic count.

Property needs total renovation

Portion of building has 20ft ceilings

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Airport
Taxing Authority: Bernalillo County
Tax ID/APN: ABQ184615
Zoning: IP - Industrial Park Zone
Retail Clientele: General, Business, Traveler, Tourist
Property Located Between: International Airport and Gibson Blvd.
Property Visibility: Excellent
Largest Nearby Street: Gibson
Feet of Frontage: 200
Traffic/Vehicle Count: 27,800
Airports: Albuquerque International Airport / Two Blocks
Site Description: Property interior is rough, needs total renovation.
Area Description: Property is surrounded with office buildings and retail business's. Traffic to and from airport
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Poor
Year Built: 1980
Roof Type: Arched
Construction/Siding: Stone
Total Parking Spaces: 78
Parking Type: Surface
Parking Description: Cross parking agreement with contiguous properties.
Sprinklers: None
Internet Access: Cable
Interior Description: Poor, Needs total renovation
Zoning Description: I-P Industrial Property
Lot Frontage: 200
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Water Rights, Utilities
Land Ownership: Owned
Legal Description: TR X Summary Plat of TRS X-1, Y-1 & M of Airport Park

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,619 82,407 224,890
Median Age: 29.05 35.41 35.86
Households: 3,452 36,865 93,828

Contact

Source

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