Hanna Commercial, LLC
Listed by Hanna Commercial, LLC
$1,244,000
10120 Central Ave
Details
Property Type Retail
Sub Type Storefront
Square Footage 6,000
Net Rentable (SqFt) 6,000
Units 3
Cap Rate 8.59%
NOI $106,912
Occupancy 100%
Tenancy Multi
Lease Type NNN
Lease Term 5
Remaining Term 5
Rent Bumps Yes
Pro-Forma Cap Rate 8.59%
Pro-Forma NOI $106,912
Price per SqFt $207
Broker Co-Op Yes
Class B
Buildings 1
Stories 1
Lot Size (SqFt) 27,000
Zoning NR-C
Parking Spaces 42 spaces
Parking Per SqFt 7.00
Investment Type Stabilized
Tenant Credit No Credit Rating
Lease Commencement 10/08/2018
Retail | 8.59% CAP | 6,000 SqFt
Marketing description
Route 66 Retail Investment | 8.59% Cap | Long-Term Tenants Positioned along the iconic Route 66 corridor at 10120 Central NW in Albuquerque, this 6,000 SF retail property offers a compelling investment anchored by two well-established tenants: a restaurant and a daycare, both with multi-year histories and featuring annual rent escalations. The 1.27-acre site boasts monument signage, a drive-thru, and excellent street visibility—key features that enhance customer accessibility and long-term tenant desirability. Located in an area experiencing steady growth, this asset delivers strong in-place income with minimal landlord oversight, making it an ideal addition to any portfolio seeking stable cash flow at an attractive 8.59% cap rate.
Listing Contacts
Hanna Commercial, LLC
Listed by Hanna Commercial, LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,912.00
$8,909.33/mo
Valuation Metrics
0
DSCR
8.59%
Cap Rate
8.59%
ROI
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