Catylist ID:
#30797920
Freestanding Retail Center - Belen NM
Retail-Commercial
for Sale
Sale Pending
| Catylist Listing ID: | 30797920 |
| Property Subtypes: | Street Retail |
| Status: | Pending |
| Building Size (RSF): | 15,610 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 1.12 Acres |
| Sale Price: | $459,841 |
| Unit Price: | $29.46 PSF |
| Property Use Type: | Investment |
| Building Name: | Henry's Center |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 12.0% |
| Last Updated: | 5/6/2022 |
Overview / Comments
|
Henry's Center is a 15,610 sf freestanding retail strip center located on Main St in Belen, NM. This property is 85.7% occupied with six tenants and sits on 1.12 acres. The property is about 40 minutes from the Albuquerque International Airport and within proximity to major regional employers. Highly desirable sized retail investment property 85.7% leased with predictable cash flow and return Below market rents Diverse tenant mix Located on primary arterial |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Valencia |
| Taxing Authority: | Valencia County |
| Tax ID/APN: | R070132 |
| Zoning: | COMMERCIAL |
| Property Located Between: | Interstate 25 and Main Street |
| Property Visibility: | Excellent |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 4,286 | 11,809 | 19,804 |
| Median Age: | 39.21 | 40.14 | 40.46 |
| Households: | 1,779 | 4,679 | 7,707 |
Contact
Jim P DountasCBRE, Inc.CARNM CIE Member |
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