Thrive Building

Retail-Commercial for Sale
Catylist Listing ID: 30799191
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Street Retail, Other
Building Size (RSF): 1,271 SF
Gross Building Area: See Agent
Gross Land Area: 0.24 Acres
Sale Price: $248,800
Unit Price: $195.75 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: Thrive Wellness
Sale Terms: Cash to Seller
Cap Rate: 4.7%
Average Occupancy Rate: 100
Last Updated: 5/6/2022

Overview / Comments

Busy Los Lunas Main Street location across from the Albertson's and Dollar Tree. Adjacent to new strip mall development. The property is on almost a quarter acre of land allowing for growth.
Current tenant would like to stay but can be vacate to serve an owner occupant.

Attachments & Media

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $1,431 (Annual)
Potential Rental Income $15,000 (Annual)
Gross Operating Income $15,000 (Annual)
Net Operating Income $11,769 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Taxing Authority: Valencia County
Tax ID/APN: R084470
Zoning: C-1
Retail Clientele: General, Family, Business, Other
Property Visibility: Good
Largest Nearby Street: Main Street
Feet of Frontage: 50
Highway Access: I-25
Airports: Albuquerque International Sunport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,271 SF
Property Condition: Average
Roof Type: Flat
Lot Frontage: 50
Legal Description: Lot F Of Tract 31-b-1, Map 72, Mrgcd, Valencia County

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 20,884 39,823
Median Age: 38.98 38.24
Households: 7,678 14,082

Contact

Photograph of Listing Agent

Coralee Quintana, MBA

EXP Realty, LLC CARNM CIE Member
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