Two Power Center Portfolio Investment

Retail-Commercial for Sale
Catylist Listing ID: 30339762
Property Subtypes: Retail-Pad
Building Size (RSF): 37,180 SF
Gross Building Area: See Agent
Sale Price: $14,520,300
Unit Price: $390.54 PSF
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/8/2018

Overview / Comments

• Stabilized Income stream in place
- Enchanted Hills Plaza: ±15,070 SF (100% occupied)
- Unser Plaza: ±22,110 SF (93% occupied)
• Excellent/convenient locations
• Great visibility
• Easy access
• Quality construction
• Modern architectural design
• Well maintained property
• Strong national co-tenancy
• Upside potential by renewing and leasing one remaining vacancy
• Strong tenant mix providing needed services to market
• Walmart & Albertson’s Market shadowed centers
• Long term growth through consistent renewals

Additional Details

Nearest MSA: Albuquerque
County: Sandoval
Submarket/Township: Rio Rancho

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,019 20,957 45,029
Median Age: 36.06 37.27 39.84
Households: 1,467 7,389 16,419

Contact

Photograph of Listing Agent

Carlos Garcia

NAI Maestas & Ward CARNM CIE Member
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