5505 Central Ave NE | Albuquerque, NM 87108
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This Retail Property is no longer advertised on LoopNet.com.
5505 Central Ave NE
Albuquerque, NM 87108
Corporate Guaranteed | NNN Lease · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Corporate Guaranteed Lease - Guaranteed By 13 Units
- 9 Years & 7 Months Remaining On Original Lease Term
- 34% Increase To Rent 10/1/2026
- Family Smiles LLC - National Tenant (69 Operating Units)
- 6.81% Blended Cap Rate
- New Roof April 2020 - 10 Year Roof Warranty On Labor & 15 Year Warranty On Materials
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,665 SF
Building Class
B
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.60 AC
Zoning
C-2
Frontage
- 126’ on Central Ave
- 112’ on Madeira Dr
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 1-018-057-066186-3-23-01 | Improvements Assessment | $120,091 |
| Land Assessment | $36,802 | Total Assessment | $156,893 |
PROPERTY TAXES
Parcel Number
1-018-057-066186-3-23-01
Land Assessment
$36,802
Improvements Assessment
$120,091
Total Assessment
$156,893
Listing ID: 24771876
Date on Market: 1/5/2022
Last Updated:
Address: 5505 Central Ave NE, Albuquerque, NM 87108
The Fair West Retail Property at 5505 Central Ave NE, Albuquerque, NM 87108 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS
- East Albuquerque Retail Buildings
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- West Side Retail Buildings
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- North Valley Retail Buildings
- South Valley Retail Buildings
- Northeast Heights Retail Buildings
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- Bel-Air Retail Buildings
- S R Marmon Retail Buildings
- Crestview Bluff Retail Buildings
- Duke City Center Retail Buildings
- Kirtland Community Retail Buildings
- Westgate Heights Retail Buildings
- Sandia Heights South Retail Buildings
NEARBY LISTINGS
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