Listed by SVN | Walt Arnold Commercial Brokerage, Inc.
$699,995
2117 Menaul Blvd NE, Albuquerque, NM 87107
Details
APN 101605906827721502
Property Type Retail
Square Footage 3,820
Units 2
Cap Rate 7.84%
NOI $54,864
Occupancy 100%
Tenancy Multi
Lease Type Modified
Remaining Term 2
Price per SqFt $183
Class B
Year Built 1965
Year Renovated 2022
Acreage 0.330
Zoning NR-LM
Ground Lease No
Sale Condition For sale by owner
100% Leased Retail Investment
Marketing description
Explore a promising retail investment opportunity with this 3,820 SF property in Albuquerque. Constructed in 1965 and zoned NR-LM, this well-maintained building offers flexibility for various retail uses. With its strategic location and versatile zoning, this property is an ideal choice for retail investors looking to capitalize on the vibrant retail market in the area.
Investment highlights
New TPO roof as of May 2025
Brand new matching 3.5 ton HVAC combo units as of March 2026
Functional building layout
Good tenant mix
Ample parking
100% occupancy
Listing Contacts
Listed by SVN | Walt Arnold Commercial Brokerage, Inc.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,864.00
$4,572.00/mo
Valuation Metrics
0
DSCR
7.84%
Cap Rate
7.84%
ROI
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