Walmart Anchored Shopping Center | 100% Leased | Albuquerque, NM

Shopping Center for Sale
Catylist Listing ID: 30171295
Property Subtypes: Grocery-Anchored, Neighborhood Center, Net Leased, Strip Center
Building Size (RSF): 21,132 SF
Gross Building Area: See Agent
Sale Price: $4,820,000
Unit Price: $228.09 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 7/20/2018

Overview / Comments

• Anchored by One of the Best Performing Walmart Neighborhood Markets in Albuquerque
• 100% Leased
• Signalized Hard Corner Intersection
• Excellent Ingress / Egress
• Average NNN Rent is $19.03/psf
• 10.8 Acre Planned Commercial Retail Development Directly Across the Street
• Residential Growth in the Immediate Area
• 2016 Construction
• Visible to 34,200 Cars per Day from Sage Road and 98th Street
• Future Walmart Gas Going In on the Pad in Front of Shops
• 154,618 Residents in a 5-Mile Radius

Attachments & Media

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: South Valley
Tax ID/APN: ABQ205964

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,646 96,779 171,934
Median Age: 27.4 29.65 32.19
Households: 9,212 30,444 59,498

Contact

Photograph of Listing Agent

Matthew Reeves

Marcus & Millichap CARNM CIE Member
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