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Value-Add Retail | Redevelopment Potential 102-106 Caldwell Ave 42,490 SF Retail Building Belen, NM 87002 For Sale



INVESTMENT HIGHLIGHTS
- 15 minutes away from the approved Arcosa Wind Tower Development
- Ample parking
- Facade and monument signage
- Wide open floor plan
- Full access
- Onsite CU Anytime ATM generating $430.46 monthly, leased through March 31, 2033
EXECUTIVE SUMMARY
For maximum exposure, the shopping center includes two monument signs: one facing Reinken Ave and another attached to the building itself. Building facade signage with multiple end cap opportunities is also available. Ample parking and convenient access are ensured by a full connection to Reinken Ave. An added benefit is the CU Anytime ATM positioned right next to the monument sign on Reinken Ave, generating additional customer traffic.
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signalized Intersection
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
This prime location boasts an existing shopping center with excellent visibility on Reinken Ave. The property features multiple pad sites available for development, ranging from half an acre to over one acre in size. Additionally, a spacious 14,250 square foot junior anchor space is currently vacant. Previously occupied by Bealls, this space offers a wide-open floor plan with built-out dressing rooms on both ends. For maximum exposure, the shopping center includes two monument signs: one facing Reinken Ave and another attached to the building itself. Building facade signage with multiple end cap opportunities is also available. Ample parking and convenient access are ensured by a full connection to Reinken Ave. An added benefit is the CU Anytime ATM positioned right next to the monument sign on Reinken Ave, generating additional customer traffic.
This prime location boasts an existing shopping center with excellent visibility on Reinken Ave. The property features multiple pad sites available for development, ranging from half an acre to over one acre in size. Additionally, a spacious 14,250 square foot junior anchor space is currently vacant. Previously occupied by Bealls, this space offers a wide-open floor plan with built-out dressing rooms on both ends. For maximum exposure, the shopping center includes two monument signs: one facing Reinken Ave and another attached to the building itself. Building facade signage with multiple end cap opportunities is also available. Ample parking and convenient access are ensured by a full connection to Reinken Ave. An added benefit is the CU Anytime ATM positioned right next to the monument sign on Reinken Ave, generating additional customer traffic.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 14,250 SF | Retail | In-Line | Now |
| 1st Floor | 1,360 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 14,250 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size |
| 1,360 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 14,250 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
This prime location boasts an existing shopping center with excellent visibility on Reinken Ave. The property features multiple pad sites available for development, ranging from half an acre to over one acre in size. Additionally, a spacious 14,250 square foot junior anchor space is currently vacant. Previously occupied by Bealls, this space offers a wide-open floor plan with built-out dressing rooms on both ends. For maximum exposure, the shopping center includes two monument signs: one facing Reinken Ave and another attached to the building itself. Building facade signage with multiple end cap opportunities is also available. Ample parking and convenient access are ensured by a full connection to Reinken Ave. An added benefit is the CU Anytime ATM positioned right next to the monument sign on Reinken Ave, generating additional customer traffic.
1st Floor
| Size | 1,360 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
This prime location boasts an existing shopping center with excellent visibility on Reinken Ave. The property features multiple pad sites available for development, ranging from half an acre to over one acre in size. Additionally, a spacious 14,250 square foot junior anchor space is currently vacant. Previously occupied by Bealls, this space offers a wide-open floor plan with built-out dressing rooms on both ends. For maximum exposure, the shopping center includes two monument signs: one facing Reinken Ave and another attached to the building itself. Building facade signage with multiple end cap opportunities is also available. Ample parking and convenient access are ensured by a full connection to Reinken Ave. An added benefit is the CU Anytime ATM positioned right next to the monument sign on Reinken Ave, generating additional customer traffic.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-008-028-104-218-000000 | Improvements Assessment | $0 |
| Land Assessment | $63,452 | Total Assessment | $63,452 |
PROPERTY TAXES
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Value-Add Retail | Redevelopment Potential | 102-106 Caldwell Ave
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