Cottonwood Industrial with Yard

Industrial for Sale
Sale Pending
Catylist Listing ID: 30462773
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Office Showroom, Other
Status: Pending
Building Size (RSF): 7,758 SF
Gross Building Area: See Agent
Gross Land Area: 1.39 Acres
Sale Price: $835,000
Unit Price: $107.63 PSF
Drive In Bays: 12 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/23/2019

Overview / Comments

Cottonwood as a submarket is known for high retail density and inexpensive housing. Any broker who has worked this area knows the lack of inventory when it comes to industrial property and the high demand when it comes available. 9620 Eagle Ranch is a stand-alone automotive building featuring 12 car ports, 2 secured yards and a 1,500 SF office showroom in a great looking modern building on Albuquerque's Westside. With its strategic location among the car dealerships, a buyer will quickly realize the opportunity as one of the few buildings capable of doing oil changes, brakes, tires, body work and other necessary vehicle related services that this submarket desperately needs.

The property is located on Eagle Ranch north of Irving. This stand-alone automotive industrial building is surrounded by car dealerships, apartments and a dense retail submarket. Eagle Ranch Rd is a direct commuter street and a quicker route to Costco and Cottonwood Mall in comparison to Coors Blvd.

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Cottonwood
Tax ID/APN: 101306533300440345
Zoning: MX-M - Mixed-use: Moderate Intensity
Tenancy: Single Tenant
Property Condition: Excellent
Year Built: 2005
Amps: 400
Volts: 480
X-Phase: 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,672 86,202 206,683
Median Age: 35.41 38.39 37.78
Households: 5,202 34,248 83,307

Contact

Photograph of Listing Agent

Austin Tidwell

Retail Solutions CARNM CIE Member
Photograph of Listing Agent

Daniel Kearney

Retail Solutions CARNM CIE Member
Photograph of Listing Agent

Robert Powell, CCIM

Retail Solutions CARNM CIE Member
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