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Off Market
1/9

1604-1800 E Historic Highway 66
Gallup, NM 87301


HIGHLIGHTS

  • 110,593-Square Foot, Grocery-Anchored Retail Center
  • 91% Occupied | Upside Potential in Leasing Vacant Space
  • Anchored by Albertsons Grocery Store | Tenant in the Center for 46 Years | Tenant Reports Strong Sales and Pays Percentage Rent
  • Complementary Mix of Tenants | 68% of the Gross Leasable Area has Credit Tenants
  • Gallup Serves as a Regional Shopping Hub | The City's Population Swells from 22,000 During Week Days to 150,000 on the Weekends
  • Recent Improvements Include Parking Lot Striping and Repairs and a New Roof on O’Reilly Auto Parts

OVERVIEW

Zecca Plaza Shopping Center is a 110,593-square foot multi-tenant regional retail center in Gallup, New Mexico. Anchored by Albertsons grocery store, the center has a strong tenant base with a complementary mix of national and local credit tenants, including O’Reilly Auto Parts, Goodwill Industries, Aaron’s, H&R Block, Oasis Laundromat, Metro PCS, Domino’s Pizza, Sun Loan, TBK Bank, and others. Albertsons reports strong sales and pays percentage rent in addition to base rent. The center is currently 91 percent occupied with the majority of the tenants having triple-net leases. Albertsons and Sun Loan reimburse for taxes only. Originally constructed in 1974, the building is situated on 6.45 acres.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Zecca Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Restaurant, Supermarket

TOTAL BUILDING SIZE

108028

STORIES

1

YEAR BUILT

1974

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

R206907