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Rancitos Shopping Center (Bkr Gets 2.5%)
7901 4th St., Albuquerque, NM 87114
N/A
40,715 SF
Retail
Strip Center
Investment
2.5%
8.50%
Multiple
4.40 AC
-
Last Verified 11/9/2009
Listing ID 14359947
Description
Ranchitos Shopping Center 7901 4th St. N.W. Albuquerque, N.M. 87114
4.4140 acres Commercial Zoning
Signalized Intersection Corner Concrete Block Building - Fire Sprinklers
Extensive Recent Renovations
Projected Rent Roll 6-1-2007 Tenant Monthly
Suite 201 Village Subs 2650sf. 2250.00 NNN
Suite 202 SUDZ Laundromat 3500sf. 2250.00 NNN
Suite 203 & 204 Horizon Academy 3100sf 2625.00 NNN
Suite 205 &206 & 19500 sf Rear 2850sf 14,500.00 NNN
Antique and Collectibles Mega Market Indoor
Approx. 1 acre Outdoor Mercado Area 4500.00/mo.
8 months/yr
Suite 207 Village Golf Center 2400sf 1500.00 NNN
Suite 208 Paul Bisong Taikwando 2400sf 950.00 NNN
Suite 209 Ray's Barber Shop 450sf 450.00 NNN
Suite 210 & 211 Majestic Detail 2400 1500.00 NNN
C U Anytime t Teller Kiosk 600.00 NNN
Mechanical Unit 265sf.
Storage Building 1200sf (Used by Current Owner $900.00/mo.)
TOTAL 40,715sf. $29,150.00/mo.
Annual Income 349,800/yr
OWNER FINANCING AVAILABLE FOR QUALIFIED PURCHASER
Sale Price $4,650,000.00 Owner Financing for Qualified Party
$1,500,00 dn Bal REC $3,150,000 30 yrs @ 7.25% $21,488/mo
It can be a package of 3 centers for $15,350,000 . Pls review listings #14359947 #15072226 #15072186
Map of 7901 4th St., Albuquerque, NM 87114 (Bernalillo County)
Created 10/6/2005
Additional Information for 7901 4th Street Nw, Albuquerque, NM 87114
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO