Retail Shopping Center | Investment For Sale

Shopping Center for Sale
Catylist Listing ID: 30360007
Property Subtypes: Strip Center
Building Size (RSF): 8,303 SF
Gross Building Area: See Agent
Gross Land Area: 0.65 Acres
Sale Price: $450,000
Unit Price: $54.20 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 10.71%
Last Updated: 9/11/2019

Overview / Comments

Sale Price:

Total Building Size:
5 Spaces totaling ±8,303 SF

Price/SF: $54.20
NOI: $48,948
Cap Rate: 10.71%

Land: ±0.65 Acres

100% Leased

IDO Zoning:
MX-L, Low Intensity

Located in a HUB Zone

Property Highlights:
Highly visible center in the trending Gibson Blvd. trade area
Excellent traffic counts
Value-add opportunity
Long term tenants in place
Value-add opportunity – See properties for sale west of site
Next to Kirtland AFB and more than 20,000 employees
Tenants pay all utilities including Water/Refuse

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Airport
Tax ID/APN: 101605649801040310

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,107 96,532 239,638
Median Age: 35.07 34.9 36.35
Households: 5,869 43,055 101,935


Photograph of Listing Agent

Gilbert Chavez

NAI Maestas & Ward CARNM CIE Member
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