2011 12th St NW - Freestanding FOR SALE


Albuquerque, NM 87104- Near North Valley
$4,500,000 USD
619-818-5852
2011 12th St NW, Albuquerque, NM for Sale
$4,500,000 USD
Freestanding - FOR SALE
1/11
null | 7.22% Cap Rate

2011 12th St NW
Albuquerque, NM 87104
Near North Valley


HIGHLIGHTS

  • OVER $5M REPORTED SALES for the past decade
  • Absolute NNN Lease | Walgreens Corporate Guaranty
  • Robust Demographics | Affluent Trade Area
  • High-Traffic Location with Strong Retail Synergy
  • Excellent Visibility & Accessibility | Drive-Thru Pharmacy
  • Nearby Major Educational Institution

OVERVIEW

• High performance location – ranked in the top 13th percentile for Walgreens Nationwide (Placer.ai) and has reported over $5M in annual sales for the past 10 years • Walgreens (S&P rating of BB-) reported $147 billion in revenue for 2024 and$81 billion in Assets • Positioned just north of the on-ramp to I-40 with over 147,000 VPD • 246,624 residents within a 5-mile radius with HHI over $86k • Adjacent to Top Performing Lowe's (top 25th percentile in foot traffic per Placer.ai) • 3 miles west of the University of New Mexico with over 27,000 students and approximately 3,200 faculty

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

7.22%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Drug Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

95

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

C2

APN/PARCEL ID

1-013-059-470253-4-05-35

ASK ABOUT THIS PROPERTY

Robert DonnellSRS Real Estate PartnersMore Info
619-818-5852

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Robert DonnellSRS Real Estate PartnersMore Info
619-818-5852

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