DUKE CITY CENTER

Shopping Center for Sale
Catylist Listing ID: 30500223
Property Subtypes: Mixed Use, Neighborhood Center, Strip Center, Other
Building Size (RSF): 8,906 SF
Gross Building Area: See Agent
Gross Land Area: 1.06 Acres
Sale Price: $795,000
Unit Price: $89.27 PSF
Property Use Type: Investment
Building Name: DUKE CITY CENTER
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 8.0%
Last Updated: 11/22/2020

Overview / Comments

Over 8,900 sq ft of great retail space available.
Great visibility from the busy Menaul Blvd thoroughfare.

Available as a package with adjacent property:
https://cie.carnm.com/listing/30612792

Adjacent property also available individually:
https://cie.carnm.com/listing/30563433

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $12,800 (Annual)
Potential Rental Income $167,246 (Annual)
Net Operating Income $117,520 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Northeast
Taxing Authority: BERNALILLO
Tax ID/APN: 101705915925031334
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: MENAUL
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,479 150,287 337,797
Median Age: 37.14 36.59 38.08
Households: 8,859 67,403 147,523

Contact

Photograph of Listing Agent

Jeffrey Kantor

Red Sky Realty CARNM CIE Member
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