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San Antonio Commons 5700 San Antonio Dr NE 14,740 SF 100% Leased Retail Building Albuquerque, NM 87109 $3,300,000 ($223.88/SF) 7.47% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% leased
EXECUTIVE SUMMARY
- Stable rent roll
- Market-competitive lease rates
- Easily accessible for tenants and their customers
- Contemporary buildings less than 10 years old
- Retail vacancy in the market is running less than 3% for similar space
- Located in a strong trade area
- $105,340 average household income within a five-mile radius
- The center sees 133,00 visits annually from 52,000 unique visitors
- Market-competitive lease rates
- Easily accessible for tenants and their customers
- Contemporary buildings less than 10 years old
- Retail vacancy in the market is running less than 3% for similar space
- Located in a strong trade area
- $105,340 average household income within a five-mile radius
- The center sees 133,00 visits annually from 52,000 unique visitors
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
14,740 SF
Building Class
B
Year Built
2014
Price
$3,300,000
Price Per SF
$223.88
Cap Rate
7.47%
NOI
$246,645
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.72 AC
Zoning
MX-M - Mixed Use - Moderate Intensity
Parking
60 Spaces (4.07 Spaces per 1,000 SF Leased)
Bike Score®
Very Bikeable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-018-062-192503-2-01-44 | Improvements Assessment | $270,206 |
| Land Assessment | $202,913 | Total Assessment | $473,119 |
PROPERTY TAXES
Parcel Number
1-018-062-192503-2-01-44
Land Assessment
$202,913
Improvements Assessment
$270,206
Total Assessment
$473,119
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San Antonio Commons | 5700 San Antonio Dr NE
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