1604-1800 E Historic Highway 66 - Supermarket FOR SALE
Gallup, NM 87301 |
1604-1800 E Historic Highway 66
Gallup, NM 87301
HIGHLIGHTS
- Highly Successful Albertsons Grocery Anchored Shopping Center- Albertsons sales- Extremely profitable 1% rent to sales ratio
- Value Add Opportunity/Below Market rents | Albertsons Is Paying Approximately $6.51 PSF Annually
- Strong Intrinsic Value | Approx. $126 PSF Well Below Replacement Cost
- Strong in-Place Income Growth & Inflation Hedge with an extremely strong 10 Year 5.43% CAGR
- Large Percentage of GLA & Income Comprised Of National Anchor Tenants: Albertsons, Goodwill, Aaron Rents, O'Reilly Auto
- Top Tier Performing stores nationwide and in New Mexico per Placer AI for O'Reilly, Goodwill and Walgreens (NAP)
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 | Grocery/Drug Shopping Center
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Supermarket
ADD'L SUBTYPES
Storefront
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
