4410 Central Ave SW - Freestanding FOR SALE


Albuquerque, NM 87105- Crestview Bluff
$2,861,000 USD
202-573-2148
4410 Central Ave SW, Albuquerque, NM for Sale
$2,861,000 USD
Freestanding - FOR SALE
1/5
null | 6.25% Cap Rate

4410 Central Ave SW
Albuquerque, NM 87105
Crestview Bluff


HIGHLIGHTS

  • $11 PSF in-place vs. $18+ PSF market.
  • 80th percentile national performer.
  • Tenant completed major improvements in 2019 (contact agent for details).
  • Rare seller financing available opportunity (contact agent for details).
  • Site features a Bank of America ATM.
  • Densely populated area with over 103,481 residents within a 3-mile radius, prime positioning in a retail corridor, and robust traffic counts over 53K

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale the 16,376 SF Harbor Freight located at 4410 Central Avenue SW in Albuquerque, NM. This offering features significantly below-market in-place rent at $11 PSF compared to $18+ PSF market rates (CoStar), presenting a clear opportunity for future rental upside. The property was also recently renovated, with the tenant completing major improvements in 2019 (contact agent for details). Altogether, this asset represents a compelling investment opportunity with both stability and value-add potential. In Cooperation With Sands Investment Group - Lic. #9623 BoR: Andrew Ackerman - Lic. NM #20310

FOR SALE DETAILS

PRICE

$2,861,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harbor Freight - Albuquerque, NM

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2.64 AC

LAND SF

114,998 SF

ZONING

MX-M

APN/PARCEL ID

1-012-057-115420-2-07-86,1-012-057-141419-2-07-87

ASK ABOUT THIS PROPERTY

Ben KohlSands Investment GroupMore Info
202-573-2148

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Ben KohlSands Investment GroupMore Info
202-573-2148

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