Catylist ID:
#30707914
Duke City Center
Retail-Commercial
for Sale
Sale Pending/Contingent
| Catylist Listing ID: | 30707914 |
| Property Subtypes: | Street Retail |
| Status: | Pending/Contingent |
| Building Size (RSF): | 18,321 SF |
| Sale Price: | $1,650,000 |
| Unit Price: | $90.06 PSF |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 8.46% |
| Last Updated: | 3/4/2021 |
Overview / Comments
|
ACTUAL CAP RATE (NOT PROFORMA) OF 8.46% 100% LEASED!!! Great tenant mix with step up leases for continued growth in income. Turnkey!!! Many capital improvements. 2 Buildings on two separate parcels. Willing to sell individually as follows: North Building= $920,000 ( 8.08% ACTUAL CAP RATE) South Building= $810,000( 8.07% ACTUAL CAP RATE) Contact Broker for more info, cash flow analysis |
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Bernalillo |
| Submarket/Township: | Northeast |
| Tax ID/APN: | 101705915925031334 |
| Zoning: | MX-M - Mixed-use: Moderate Intensity |
| Property Visibility: | Excellent |
| Largest Nearby Street: | Menaul Blvd NE |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 2 |
| Number of Stories: | 1 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 19,479 | 150,287 | 337,797 |
| Median Age: | 37.14 | 36.59 | 38.08 |
| Households: | 8,859 | 67,403 | 147,523 |
| © Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Association of REALTORS® - New Mexico nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions. |
