Second Generation Restaurant Space

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30433301
Property Subtypes: Free-Standing Building, Restaurant
Status: Pending
Building Size (RSF): 4,600 SF
Gross Land Area: 0.60 Acres
Sale Price: $899,000
Unit Price: $195.43 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 4,600 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/4/2020

Overview / Comments

Vacant second generation restaurant space in excellent NE Heights location:

- Excellent visibility and access from Juan Tabo Blvd.
- High-traffic corridor with 33,700 VPD on Juan Tabo Blvd.
- Building and monument signage available
- 1/2 mile north of I-25
- High population density, approximately 123,000 residents within a 3-mile radius
- Numerous redevelopment projects along corridor
- Zoning: MX-L

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Northeast
Tax ID/APN: 102105852113642114
Zoning: MX-L - Mixed-use: Low Intensity
Retail Clientele: General, Family
Property Located Between: Lomas Blvd. and Constitution Ave.
Property Visibility: Excellent
Largest Nearby Street: Juan Tabo Blvd.
Traffic/Vehicle Count: 33,700
Highway Access: 1/2 mile north
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Total Parking Spaces: 42
Parking Type: Surface
Zoning Description: MX-L

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,320 140,202 252,067
Median Age: 36.87 38.61 39.59
Households: 8,690 59,812 112,460


Photograph of Listing Agent

Stephen Lyon, CCIM

Pegasus Group LLC
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