Catylist ID: #30344332
Retail Shops Investment | 13.8% Return | 3% Annual NOI Growth
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:||$279.49 PSF|
|Property Use Type:||Investment|
|Building Name:||Taurus Square|
|Sale Terms:||Cash to Seller|
Overview / Comments
+ Ideal 1031 exchange property - 13.8% return.
+ 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.
+ Large trade area with excellent customer base.
+ Excellent visibility and access with prominent pylon signage.
+ Prominent location at the southwest corner of a major Albuquerque intersection, San Mateo Blvd. and Menaul Blvd.
+ 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
|© Copyright 2001-2018 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.|