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Advance Auto Parts 4910 Central Ave SE 8,325 SF Retail Building Albuquerque, NM 87108 $1,399,000 ($168.05/SF) 9.72% Cap Rate

Retail Buildings New Mexico Albuquerque 4910 Central Ave SE, Albuquerque, NM 87108

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INVESTMENT HIGHLIGHTS

  • Dark Store with 6+ Years Remaining on Primary Lease Term
  • Lease Expires 10/31/2031
  • Excess Land Included
  • Located on Historic Route 66

EXECUTIVE SUMMARY

Dark Store. NNN leased to Advance Auto Parts. 6+ years remaining on the initial lease term. Landlord only responsible for maintaining roof and structure. Roof under warranty. Additional "Add Value" play by developing or subdividing approx. .30 acre excess land.

ATTACHMENTS

Advance Auto Parts Albuquerque NM Marketing Flyer 3-25-25

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,325 SF
Building Class
C
Year Built/Renovated
1965/2015
Price
$1,399,000
Price Per SF
$168.05
Cap Rate
9.72%
NOI
$135,983
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.08 AC
Zoning
MX-M - The purpose of the MX-M zone district is to provide for a wide array of moderate-intensity retail, commercial, institutional and moderate-density resi
Parking
36 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
162’ on Central Ave

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Advance Auto Parts
  • Retailer
  • 8,292 SF
  • -
  • Triple Net
  • Oct 2031
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Advance Auto Parts Retailer 8,292 SF - Triple Net Oct 2031

LINKS

1 1
Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (91)
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NEARBY MAJOR RETAILERS

Bank of Montreal
El Taco Tote
The YMCA
Anytime Fitness
Jazzercise
Crossfit
Sprouts Farmers Market
Smith's
Rent-A-Center
Bank of America

PROPERTY TAXES

Parcel Number 1-017-057-434171-4-27-02 Improvements Assessment $82,287
Land Assessment $93,004 Total Assessment $175,291

PROPERTY TAXES

Parcel Number
1-017-057-434171-4-27-02
Land Assessment
$93,004
Improvements Assessment
$82,287
Total Assessment
$175,291
(415) 640-2394

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 35281112

  • Date on Market: 3/27/2025

  • Last Updated:

  • Address: 4910 Central Ave SE, Albuquerque, NM 87108

More public record information on 4910 Central Ave SE, Albuquerque, NM 87108

The Nob Hill Retail Property at 4910 Central Ave SE, Albuquerque, NM 87108 is currently available. Contact SVN | Pacific Commercial Advisors for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEARBY LISTINGS

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Advance Auto Parts | 4910 Central Ave SE
(415) 640-2394 x

Advance Auto Parts | 4910 Central Ave SE

Kevin Chin, CCIM
(415) 640-2394

Walt Arnold
(505) 256-7573

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