8000 Academy Rd NE | Albuquerque, NM 87111
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- LoopNet Team
8000 Academy Rd NE
Albuquerque, NM 87111
Sycamore Plaza · Retail Property For Sale
Investment Highlights
- Synergy and cross-over traffic generated by surrounding daily-needs and destination retailers
- Triple-net leases, long-term occupancies, and contractual rent increases provide long-term stability of cash flow and nominal investment oversight for
- Located at the intersection of two major arterials: Wyoming Boulevard and Academy Road
- The Property is 95.2% NNN leased to best in class, internet resistant tenants
- National Tenants account for 85% of the GLA and 89% of the revenue
- High barrier to entry submarket with low vacancy and no new construction
Property Facts
Property Type
Retail
Property Subtype
Department Store
Building Size
137,046 SF
Building Class
B
Year Built/Renovated
1989/2021
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
13.60 AC
Parking
500 Spaces (4.15 Spaces per 1,000 SF Leased)
Frontage
366’ on Academy Rd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 1-020-061-007521-2-09-01 | Improvements Assessment | $917,870 |
| Land Assessment | $1,466,884 | Total Assessment | $2,384,754 |
Property Taxes
Parcel Number
1-020-061-007521-2-09-01
Land Assessment
$1,466,884
Improvements Assessment
$917,870
Total Assessment
$2,384,754
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