Rinconada Square I Academy-San Mateo

Shopping Center for Sale
Catylist Listing ID: 30647730
Property Subtypes: Power Center
Building Size (RSF): 16,723 SF
Gross Land Area: 2.33 Acres
Sale Price: $5,800,000
Unit Price: $346.83 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Rinconada Square
Sale Terms: Cash to Seller
Last Updated: 9/14/2020

Overview / Comments

I am honored to bring to market Rinconada Square. A premier shopping Center in the north I-25 submarket of Albuquerque, NM
The property boasts 2.33 acres with 16,723 SF of rentable space that includes longtime anchor tenants FedEx and Applebees. Rinconada Square has been a stable investment with strong upside potential.
The property is located at the SEC of Academy and San Mateo. This intersection boasts combined traffic counts of over 72,000 vehicles per day, making it one of the top intersections for vehicle traffic in the city. The flow of traffic into and out of Rinconada is seamless with access from Academy and San Mateo.
Rinconada has 151 parking spaces with a large outdoor patio, currently being used by Applebees, and an additional courtyard/patio area that could be used for other tenants.
Please contact me for additional information and a tour of this premier property

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Far Northeast
Tax ID/APN: 101806202508030111
Zoning: MX-H - Mixed-use: High Intensity
Retail Clientele: General
Property Located Between: Academy and Sam Mateo
Property Visibility: Excellent
Traffic/Vehicle Count: 72,000
Total Number of Buildings: 3
Number of Stories: 2
Property Condition: Good
Parking Type: Surface
Total Parking Spaces: 151

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,312 115,070 311,226
Median Age: 34.9 40.01 39.34
Households: 7,529 50,729 137,686
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