Davis Kitchens Showroom & Hi-Bay Whse

Retail-Commercial for Sale
Catylist Listing ID: 28758562
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 45,523 SF
Gross Land Area: 2.37 Acres
Sale Price: $3,225,000
Unit Price: $70.84 PSF
Property Use Type: Vacant/Owner-User
Building Name: Davis Kitchens Showrroom & Hi Bay WHSE
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/19/2017

Overview / Comments

Versatile commercial property encompassing two adjacent, freestanding structures on C-2 Commercial site. Highly sought-after NE Heights commercial showroom (16,200 SF) with freestanding hi-bay, sprinkled whse with docks (29,323 SF) in the heart of the most densely populated trade areas in the City of ABQ. One of the busiest north-south commercial corridors in the City as well. The property lies adjacent to a freestanding Walgreens near the Eubank/Menaul Blvd intersection. Location boast strong visibility and accessibility to/from Eubank as well as Menaul Blvd. The barriers of entry are high to create this level of a presence in the epicenter of the NE Heights. With the property infrastructure in place, this property has the ability to accommodate a wide range of uses of commercial, industrial and/or manufacturing uses.

See attached package for additional details.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Northeast
Tax ID/APN: ABQ98411
Zoning: C-2 - Community Commercial Zone
Market Type: Large
Retail Clientele: General
Property Located Between: Menaul and Indian School
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Largest Nearby Street: Menaul Blvd.
Traffic/Vehicle Count: 60,000
Site Description: Highly sought-after NE Heights facility in the heart of the most dense trade area in the City of ABQ. One of the busiest north-south commercial corridors in the City with Eubank Blvd. The property lies adjacent to a freestanding Walgreens near the Eubank/Menaul Blvd intersection. Locations boast strong visibility and accessibility to/from Eubank as well as Menaul Blvd. The barriers of entry are high to establish a presence in the epicenter of the NE Heights.
Area Description: One of the densest trade areas near the epicenter of the Northeast Heights
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Year Built: 1978

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,252 181,826 303,599
Median Age: 39.71 39.38 39.25
Households: 10,745 81,004 134,889

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