Established Trade Area

Shopping Center for Sale
Catylist Listing ID: 30180351
Property Subtypes: Strip Center
Building Size (RSF): 13,863 SF
Gross Building Area: See Agent
Gross Land Area: 1.01 Acres
Sale Price: $1,200,000
Unit Price: $86.56 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: Tierra Encantada Shopping Center
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 8/15/2018

Overview / Comments

Sale Price:

Lease Rate:
$12/SF + NNN ($2.50/SF)

Building: ±13,863 SF
Land: ±1.01 Acres

For Lease:
Suite F ±1,600 SF
Suite H ±1,755 SF
Suite J ±2,025 SF

Property Highlights:
High-volume location near San Mateo & Osuna (46,200 CPD)
Conveniently located 2 minutes from I-25 (158,200 CPD)
1.5 mi. to Jefferson Business Park
(108,107 daytime pop. within 3-mi. radius)
4.3:1,000 parking ratio
Prominent pylon signage available
Value-add opportunity in dense, well-established trade area
Strong surrounding retail synergy

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Far Northeast
Tax ID/APN: ABQ47776
Zoning: MX-M - Mixed-use: Moderate Intensity
Largest Nearby Street: Osuna Rd
Number of Stories: 1
Construction/Siding: Brick, Stone

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,312 118,194 316,607
Median Age: 34.9 39.91 39.27
Households: 7,529 52,245 139,911


Photograph of Listing Agent

Thalia Toha

NAI Maestas & Ward CARNM CIE Member
Photograph of Listing Agent

Todd W. Strickland

NAI Maestas & Ward CARNM CIE Member
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