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Investment or Retail For Sale
Mixed-Use North Valley Retail Center
583 & 585 Osuna Rd. NE, Albuquerque, NM 87113
Details
- Category Investment or Retail
- Type For Sale
- Sale Price $2,800,000.00
- CAP Rate 7.5%
- NOI $209,942
- Available Space ±14,160 SF
- Lot Size ±1.23 Acres
- Zoning C-1, Bernalillo County
Description
- Vacancy: ±4,000 SF (28%)
- Estimated NNN: $3.50/SF
- Tenants include Amadeo’s Pizza, Subway, Volcanic Training and Home Instead Home Care
- Tenants have been in the center since 2011
- Great owner/user opportunity
- Located directly across from Sandia Prep
- Less than 1/2 mile from Vista del Norte neighborhood
- Great visibility to ±20,200 cars per day
- 5:1,000 parking ratio
- A unique opportunity for an experienced retail investor or owner/user to buy a property under replacement costs
- Please do not disturb tenants
Documents
Listing Advisors
Office
Martha Carpenter
- Direct505.338.9870
- Office505.878.0001
- Mobile505.228.0154
- Emailmartha@sunvista.com
Office
Lisa Mercer, CCIM
- Direct505 998 1650
- Office505 878 0001
- Cell505.235.8503
- Emaillisa@sunvista.com