Catylist ID: #30344332
Retail Shops Investment | 8.0% CAP | Cash on Cash 5 Yr Average: 10.92%
Shopping Center for Sale
|Catylist Listing ID:||30344332|
|Property Subtypes:||Strip Center|
|Building Size (RSF):||8,859 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$235.81 PSF|
|Property Use Type:||Investment|
|Building Name:||Taurus Square|
|Sale Terms:||Cash to Seller|
Overview / Comments
• 10.92% Cash on Cash Return - 5-year average.
• Staggered lease expirations provide secure future tenancy and limited lease roll over at one time.
• Compounded annual NOI growth of 3.0% from built-in increases.
• Prominent location at the southwest corner of a major Albuquerque intersection, San Mateo Blvd. and Menaul Blvd.
• Large trade area with excellent customer base.
• Densely populated 360-degree trade area.
Attachments & Media
|Largest Nearby Street:||San Mateo & Menaul|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Proximity:||1 mile||3 miles||5 miles|
Jim P DountasCBRE
CARNM CIE Member
Lia ArmstrongCBRE CARNM CIE Member
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