Catylist ID:
#30679345
Small Northeast Heights Retail Center
Retail-Commercial
for Sale
| Catylist Listing ID: | 30679345 |
| Property Subtypes: | Free-Standing Building, Restaurant, Street Retail, Other |
| Building Size (RSF): | 4,888 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 0.39 Acres |
| Sale Price: | $799,000 |
| Unit Price: | $163.46 PSF |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | 7.5% |
| Last Updated: | 1/8/2021 |
Overview / Comments
|
- Good upside property with only one ±1,144 SF suite vacant - Great location at signalized intersection of Montgomery & San Pedro in the NE Heights - Large monument signage - Great car counts at 51,000 cars per day - 10-years old - Building was rebuilt from the ground up (Including roof and mechanical) - Concrete parking lot - Parking ratio of 4.1:1,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Albuquerque |
| County: | Bernalillo |
| Submarket/Township: | Far Northeast |
| Tax ID/APN: | 101806026751011201 |
| Zoning: | MX-L - Mixed-use: Low Intensity |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 21,388 | 141,021 | 360,477 |
| Median Age: | 37.22 | 40.17 | 38.46 |
| Households: | 10,324 | 63,931 | 158,234 |
Contact
Todd W. StricklandNAI Maestas & WardCARNM CIE Member |
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