Paseo del Norte Frontage

Retail-Commercial for Sale
Catylist Listing ID: 29922151
Property Subtypes: Free-Standing Building
Building Size (RSF): 5,000 SF
Gross Land Area: 0.94 Acres
Sale Price: $717,700
Unit Price: $143.54 PSF
Property Use Type: Investment
Building Name: Paseo Frontage
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Last Updated: 6/21/2017

Overview / Comments

2,500 – 5,000/SF for SALE

> Excellent Access to I-25
> Great Investment Property
> 100% Leased - Two Suites with Tenants
> 3 Year Leases with Annual Increases
> Term Remaining through 2018
> 65,200 VPD on Paseo del Norte

Additional Details

Nearest MSA: Alamogordo
County: Bernalillo
Property Located Between: Paseo Del Norte and Jefferson
Largest Nearby Street: Paseo Del Norte Boulevard NE
Area Description: On the East bound frontage of Paseo Del Norte.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,158 72,344 237,247
Median Age: 38.45 39.51 40.75
Households: 3,632 31,493 102,927

Contact

Photograph of Listing Agent

Martha C Carpenter

Colliers International CARNM Member

Source

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