Listed by SVN | Walt Arnold Commercial Brokerage, Inc.
$1,950,000
Stable Retail Investment
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 20,000
Net Rentable (SqFt) 20,000
Units 7
Cap Rate 6.35%
NOI $123,897
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $98
Class B
Year Built 1973
Buildings 1
Stories 1
Acreage 1.120
Zoning MX-L
Investment Type Stabilized
Sale Condition For sale by owner
You are looking at a great retail investment opportunity in Albuquerque, NM with stable tenants
Marketing description
Stable retail investment with 7 tenants. It is in a great location of Albuquerque, NM with easy access. There is a great tenant mix and each suite has a functional layout. It is 100% occupied and currently has a 6.25% CAP Rate investment opportunity.
Investment highlights
Great Investment Opportunity
100% Occupied
Good Location
Ample Parking
Great Tenant Mix
Functional Building Layout
Listing Contacts
Listed by SVN | Walt Arnold Commercial Brokerage, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$123,897.00
$10,324.75/mo
Valuation Metrics
0
DSCR
6.35%
Cap Rate
6.35%
ROI
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