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2100 Louisiana Blvd NE 8,500 SF Retail Building Albuquerque, NM 87110 $3,156,522 ($371.36/SF) 5.75% Cap Rate
Investment Highlights
- One of the Most Desirable Restaurant Locations in New Mexico
- Strategically located on the outparcel to Winrock Town Center Mall
- BJ's sees 440K annual visitors and is ranked 49/192 nationwide
- Ground Lease with Zero Landlord Responsibilities
- Surrounded by High End National Retailers
- Prominently positioned near Louisiana with more than 30,800 VPD, and located near I-40, drawing in a substantial traffic of over 181,400 VPD
Executive Summary
An Albuquerque's Uptown district, located along Interstate 40, received 5.8 MILLION VISITORS in 2022. The 83-acre property offers approximately 780,000 SF of retail, medical, wellness, entertainment, and office space. The site boasts seven separate entrances and a private on-ramp to I-40 westbound, providing quick access to I-40, I-25, downtown, the airport, and Albuquerque's west side.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,500 SF
Building Class
B
Year Built
2015
Price
$3,156,522
Price Per SF
$371.36
Cap Rate
5.75%
NOI
$181,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
0.65 AC
Opportunity Zone
Yes
Zoning
MX-H - Mixed Use - High Intensity
Parking
50 Spaces (5.88 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (88)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-019-058-041442-2-04-12 | Improvements Assessment | $374,676 |
| Land Assessment | $77,716 | Total Assessment | $452,392 |
Property Taxes
Parcel Number
1-019-058-041442-2-04-12
Land Assessment
$77,716
Improvements Assessment
$374,676
Total Assessment
$452,392
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2100 Louisiana Blvd NE
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