3611 State Highway 528 NW | Albuquerque, NM 87114
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3611 State Highway 528 NW
Albuquerque, NM 87114
Shops 528 · Retail Property For Sale
Investment Highlights
- 100% occupied retail center anchored by national tenants
- Significant in-place cash flow - 7% Cap Rate with a 5% vacancy factor
- Significant traffic counts with excellent visibility - over 36,000 cars per day on Hwy 528, signalized hard cover with large pylon sign
- Newer construction - built in 2017
- Stabilized asset with new leases - Domino's recently signed a 10-year lease and U.S. Government recently signed a 5-year lease
- Premier location - site is located in the heart of the Cottonwood trade area, the only regional trade area on Albuquerque's west side
Property Facts
Property Type
Retail
Building Size
14,424 SF
Building Class
B
Year Built
2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.69 AC
Zoning
NR-BP
Amenities
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 1-014-066-172159-4-01-08 | Improvements Assessment | $211,129 |
| Land Assessment | $244,826 | Total Assessment | $455,955 |
Property Taxes
Parcel Number
1-014-066-172159-4-01-08
Land Assessment
$244,826
Improvements Assessment
$211,129
Total Assessment
$455,955
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