4400 Menaul Blvd NE, Albuquerque, NM 87110

Flanagan Investment Real Estate is pleased to offer for sale The Hill Center, located at 4400 Menaul Blvd NE and 4417 4421 Towner Ave NE in Albuquerque, NM. The multi-tenant industrial and retail center is comprised of four buildings in a desirable and central location. With convenient access to Interstate 40 and the entire City of Albuquerque, it services a wide trade area.

The approximately +/- 39,030 sq. ft. multi-tenant buildings are situated on about +/- 2.15 acres with high visibility at the hard corner of Menaul Blvd and Washington St. The property features three large pylon signs and building signage. Traffic counts exceed 32,000 cars per day at this intersection.

The Hill Center features a diverse mix of tenants with staggered rollovers. The property features long tenured tenants with a history of renewals. In addition, many of the tenants have below market rents.

This investment benefits from a diverse mix of tenants, high visibility, and its central location. In addition, The Hill Center offers significant in-place income with many long tenured tenants at a price well below replacement cost of only $89.39/SF. The attributes listed above, combined with the cash flow and long-term predictability make this property an opportunity on which an investor can capitalize.