2016 Central Ave SW - Specialty FOR SALE


Albuquerque, NM 87104- West Park
$875,000 USD
505-550-3401
2016 Central Ave SW, Albuquerque, NM for Sale
$875,000 USD
Specialty - FOR SALE
1/3
null | Request Cap Rate

2016 Central Ave SW
Albuquerque, NM 87104
West Park


OVERVIEW

Three total parcels warrant redevelopment opportunity 2016 Central Ave SW — Occupied by US Postal Service Lease 8/1/23 – 7/31/28 — $50,193 Annual rent ($4,182.75 /mo) No additional renewal options exist USPS has option to terminate with 30 day notice at any time Lease is modified gross whereby Landlord pays insurance, property taxes, glass breakage, and roof Tenant pays gas, electric, water, sewer, trash, snow removal, landscape maintenance, and janitorial 2020 Central Ave SW — building is vacant and formerly used as a jewelry store and pawn shop

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

57,194 SF

ZONING

MX-M

APN/PARCEL ID

1-013-058-141232-3-14-12

ASK ABOUT THIS PROPERTY

Keith BandoniColliers New MexicoMore Info
505-550-3401

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Keith BandoniColliers New MexicoMore Info
505-550-3401

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