10,000 SQFT Building in Los Lunas w/Owner Financing

Retail-Commercial for Sale
Catylist Listing ID: 30168149
Property Subtypes: Convenience Store, Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Street Retail, Vehicle Related, Other
Building Size (RSF): 10,000 SF
Gross Land Area: 1.31 Acres
Sale Price: $673,500
Unit Price: $67.35 PSF
Ceiling: 20 ft.
Property Use Type: Investment, Vacant/Owner-User, Business
Building Name: (Former) General Mercantile
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller, Owner Financing, Build-to-Suit
Cap Rate: Undisclosed
Last Updated: 2/9/2018

Overview / Comments

Owner Financing available
Excellent visibility and location
Drive Thru possible
Owners are willing to do a build to suit.
Existing large Monument Signage
Build to Suit or ground lease on whole site.
High traffic counts.

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Retail Clientele: General, Family, Business, Traveler
Property Located Between: Just North of Highway 47 and Main St. Intersection
Property Visibility: Excellent
Largest Nearby Street: Highway 47 ( Main St)
Feet of Frontage: 223
Highway Access: Highway 47
Airports: ABQ International Airport
Site Description: Building can be used for Retail, Office, and Warehouse uses.
Area Description: Main Street Frontage in Los Lunas. Strong Demographic, High Traffic count, Low Vacancy,and Next to all the National tenants at the Los Lunas Y.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 1,200 SF
Property Condition: Average
Roof Type: Flat
Construction/Siding: Aluminum Siding
Exterior Description: Retail Store Front but will renovate according to the lease.
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Plenty of parking on the site.
Sprinklers: None
Heat Type: Electricity, Natural Gas
Heat Source: Baseboard, Ceiling Units
Air Conditioning: Evaporative Cooler
Internet Access: Cable, Satellite
Interior Description: A basic shell ready for build out.
Zoning Description: C-1 Zoning in the Village of Los Lunas
Lot Frontage: 223
Lot Depth: 339
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: PNM, NM GAS, Century Link

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,446 21,137 38,696
Median Age: 41.52 40.31 38.14
Households: 1,319 7,889 13,634


Photograph of Listing Agent

James A Jaramillo

Coba Investment Company Co. CARNM CIE Member
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