121 Eubank Blvd NE - Storefront Retail/Office FOR SALE


Albuquerque, NM 87123- South Los Altos
$850,000 USD
505-259-9989
121 Eubank Blvd NE, Albuquerque, NM for Sale
$850,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

NEW


121 Eubank Blvd NE
Albuquerque, NM 87123
South Los Altos


HIGHLIGHTS

  • Strategic location near the entrance to Kirtland Air Force base and Sandia National Labs
  • Great opportunity for an owner/user, investor with upside potential or to lease this second gen retail space
  • Income generated day one from current leases
  • Building recently renovated in 2022
  • High traffic area with 28k VPD on Eubank
  • Strong retail area with Costco, Home Depot, Walmart, and Sam’s Club driving traffic

OVERVIEW

121 Eubank is a 5,500 SF, 3 tenant retail strip in the SE heights submarket of Albuquerque. It is strategically located near the main entrance to the Kirtland Air Force Base and Sandia National Labs and features a great opportunity for owner/users and tenants alike to take advantage of this newly renovated opportunity. There is currently 2,089 SF available that can be leased, new owner can purchase the building and occupy the vacancy, or an investor can purchase with below market rents ($11.00-$13.00 NNN) to fill the vacancy and increase rents on current lease to improve the return.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Retail Strip Near KAFB Entrance

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MX-L

APN/PARCEL ID

1-020-057-526022-4-08-05,1-020-057-526028-4-08-06

ASK ABOUT THIS PROPERTY

Martin RichardsonRESOLUT REMore Info
505-259-9989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Martin RichardsonRESOLUT REMore Info
505-259-9989

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.