Los Lunas Retail/Warehouse or Two-C-1 Pad Sites

Retail-Commercial for Sale
Catylist Listing ID: 30554581
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Garden Center, Mixed Use, Post Office, Restaurant, Retail-Pad, Service Station/Gas Station, Street Retail, Tavern/Bar/Nightclub, Vehicle Related
Building Size (RSF): 11,000 SF
Gross Land Area: 62,742 SF
Sale Price: $965,000
Unit Price: $87.73 PSF
Ceiling: 25 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Los Lunas Mercantile
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/17/2022

Overview / Comments

+/-5000 SF warehouse/store front with estimated +/-5000 SF of retail or warehouse, and an +/-1,000apartment upstairs.

All Leases are short term and be terminated of extend contingent on the Buyer.

Additional Details

Nearest MSA: Albuquerque
County: Valencia
Taxing Authority: Valencia County
Tax ID/APN: 1011038367465000000
Zoning: C-1
Retail Clientele: General, Family, Business, Other
Property Located Between: North of Los Lunas Y on Main Street
Property Visibility: Excellent
Largest Nearby Street: Main Street
Feet of Frontage: 225
Highway Access: Highway 47 ( Main Street)
Airports: Albuquerque International Sunport
Site Description: Great site with great visibility.
Area Description: This site is next to many Nationals at the Los Lunas Y.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Roof Type: Flat
Construction/Siding: Metal Siding
Exterior Description: Exterior has store frontage and Aluminum siding.
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Site has plenty of parking.
Sprinklers: None
Heat Type: Electricity, Natural Gas, Space Heaters, Suspended Radiant Heaters
Heat Source: Baseboard, Ceiling Units
Air Conditioning: Evaporative Cooler
Internet Access: Cable, Satellite
Interior Description: Retails and Warehouse space
Zoning Description: C-1 in the Village of Los Lunas
In Flood Plain?: Yes
Lot Frontage: 225
Lot Depth: 358
Water Service: Municipal
Sewer Type: Municipal
Easements: Electric Lines, Ingress/Egress, Utilities
Easements Description: Easements consist of PNM, NMGAS, Century Link
Land Ownership: fee simple

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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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