Free-Standing NE Heights

Retail-Commercial for Sale
Catylist Listing ID: 30528552
Property Subtypes: Free-Standing Building, General
Building Size (RSF): 2,640 SF
Gross Building Area: See Agent
Gross Land Area: 0.17 Acres
Sale Price: $450,000
Unit Price: $170.45 PSF
Property Use Type: Investment
Building Name: 4111 Louisiana Blvd NE
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/1/2020

Overview / Comments

Very nice NE heights free standing single tenant building
* Just north of the Montgomery and Louisiana intersection.
* Currently 100% occupied
* Tenant: Elevation Beach Fitness (do not disturb)
* TPO roof installed 2016
* Current Phase I with clean report

Current Tenants

Tenant Business Name Elevation Beach Fitness
Is Renting? Yes

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Far Northeast
Taxing Authority: Bernalillo County
Tax ID/APN: 101806151603440425
Zoning: MX-M - Mixed-use: Moderate Intensity
Retail Clientele: General, Family
Property Visibility: Excellent
Largest Nearby Street: Montgomery Blvd.
Feet of Frontage: 60
Site Description: Excellent location just North of Montgomery.
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Excellent
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 9
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central, Other
Air Conditioning: Package Unit
Interior Description: Excellent condition, current tenant occupies the entire building for a Hot Yoga Studio.
Zoning Description: C-2
Water Service: Municipal
Sewer Type: Municipal
Easements: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,524 157,941 348,846
Median Age: 38.36 40.25 38.82
Households: 10,187 71,954 153,061

Contact

Photograph of Listing Agent

William Campbell, III

Berger Briggs Real Estate & Insurance, Inc.
CARNM CIE Member
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