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3201 Juan Tabo Blvd NE 9,510 SF Retail Building Albuquerque, NM 87111 $2,765,000 ($290.75/SF) 5.50% Cap Rate
Executive Summary
a BMO Harris Branch, 9,097 SF landmark building in Albuquerque. 100% occupied, stabilized, cash-flowing investment.
Property Facts
Sale Type
Investment NNN
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Bank
Building Size
9,510 SF
Building Class
C
Year Built
1972
Price
$2,765,000
Price Per SF
$290.75
Cap Rate
5.50%
NOI
$152,075
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.84 AC
Parking
56 Spaces (6.68 Spaces per 1,000 SF Leased)
Frontage
208’ on Juan Tabo Blvd
Amenities
- Pylon Sign
- Signage
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-021-060-510033-4-08-10-L1 | Improvements Assessment | $24,088 |
| Land Assessment | $200,840 | Total Assessment | $224,928 |
Property Taxes
Parcel Number
1-021-060-510033-4-08-10-L1
Land Assessment
$200,840
Improvements Assessment
$24,088
Total Assessment
$224,928
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3201 Juan Tabo Blvd NE
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