San Pedro Shopping Center For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30762203
Property Subtypes: Mixed Use, Restaurant, Street Retail
Building Size (RSF): 5,880 SF
Gross Building Area: See Agent
Gross Land Area: 57,498 SF
Sale Price: $350,000
Unit Price: $59.52 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: San Pedro Center
Usable Size (USF): 5,880 SF
Sale Terms: Cash to Seller
Cap Rate: 8.69%
Average Occupancy Rate: 95
Last Updated: 10/14/2021

Overview / Comments

P R O P E R T Y H I G H L I G H T S
• Four Retail Suites
• Mid-Century Storefront
• Neighborhood Retail
• 20+ parking spaces
• Signaled intersection
• Alley access
• Package A/C units
• Recent roof maintenance
• New stucco above front porch
• Newly installed exit signs with emergency lights throughout the building
• Pylon Monument Sign

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: Southeast
Tax ID/APN: 101805825124033806
Zoning: MX-L - Mixed-use: Low Intensity
Retail Clientele: General, Family, Business
Property Located Between: Constitution and Lomas
Property Visibility: Excellent
Largest Nearby Street: Constitution
Feet of Frontage: 73
Traffic/Vehicle Count: 18,270
Airports: Albuquerque Sunport International Airport
Site Description: Four Retail Suites Mid-Century Storefront Neighborhood Retail Strip Center 20+ parking spaces Signaled intersection Alley access Package A/C units Pylon Monument Sign
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Typical SF / Floor: 1,470 SF
Property Condition: Good
Year Built: 1962
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 20
Parking Ratio: 5.8 (per 1000 SF)
Parking Type: Surface
Parking Description: 20 Parking Spaces with one Curb Cut
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler, Package Unit
Zoning Description: MX-L: Live/Work, Child Day Care, Religious Institution, Veterinary Hospital, Other Pet Services, Health Club/ Gym,Restaurant, Medical / Dental Clinic, Office, Group Living, Art Gallery, Vocational School, Residential Community Amenity, Other Indoor Entertainment, Motel, Commercial Services, Personal and Business Services ( Small), Research or Testing Facility, Bakery Goods or Confectionery Shop, General Retail ( Small), Grocery Store, Artisan Manufacturing
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,578 156,449 329,653
Median Age: 40.57 36.83 38.03
Households: 9,034 69,574 145,350

Contact

Photograph of Listing Agent

Kenneth Rutherford

Realty One Of New Mexico
CARNM CIE Member
Photograph of Listing Agent

Tim Lopez

Realty One of New Mexico dba R1 Commercial
CARNM CIE Member
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