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4410 Central Ave SW 16,376 SF Retail Building Albuquerque, NM 87105 $2,502,031 ($152.79/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Nationally credited tenant with a B1 Stable Moody’s score
- 5% Annual NN increase cap
- 2.64 acre lot with large pylon sign
- A 2019 renovated 16,376 square foot freestanding building on a 2.64-acre lot leased to HARBOR FREIGHT TOOLS in Albuquerque, NM until April 30th
- Owner financing is available
- On-site ATM
EXECUTIVE SUMMARY
A 2019 renovated 16,376 square foot freestanding building on a 2.64-acre lot leased to HARBOR FREIGHT TOOLS in Albuquerque, NM until April 30th.
Price: $2,502,031 - 6.25% Cap rate
5% Annual NN increase cap
Owner financing is available
Price: $2,502,031 - 6.25% Cap rate
5% Annual NN increase cap
Owner financing is available
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,376 SF
Building Class
B
Year Built/Renovated
1970/2019
Price
$2,502,031
Price Per SF
$152.79
Cap Rate
6.25%
NOI
$156,377
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.64 AC
Zoning
MX-M - MX-M zoning is to provide for a wide array of moderate-intensity retail, commercial and institutional opportunities
Parking
50 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
280’ on Central Ave
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $293,128 | |
| Land Assessment | $104,396 | Total Assessment | $397,524 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$104,396
Improvements Assessment
$293,128
Total Assessment
$397,524
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4410 Central Ave SW
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