5505-5511 Central Ave NW - Freestanding FOR SALE


Albuquerque, NM 87105- West Mesa
$1,500,000 USD
505-256-7573
5505-5511 Central Ave NW, Albuquerque, NM for Sale
$1,500,000 USD
Freestanding - FOR SALE
1/8
null | 5.16% Cap Rate

5505-5511 Central Ave NW
Albuquerque, NM 87105
West Mesa


HIGHLIGHTS

  • Zoned MX-M for retail/strip center development
  • Ample space for retail storefronts
  • Good location for establishing a retail presence in Albuquerque
  • Versatile layouts catering to a range of retail uses
  • Conveniently located near many amenities

OVERVIEW

Discover a good investment opportunity in Albuquerque with these three buildings totaling 16,764 SF, strategically zoned MX-M for retail and strip center investors. Built in 1960, this property offers a promising location with strong potential for a thriving commercial real estate market.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$89 USD /SF

CAP RATE

5.16%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,284 SF

ZONING

MX-M

APN/PARCEL ID

1-011-057-285563-1-09-02

ASK ABOUT THIS PROPERTY

Walt ArnoldSVN / Walt Arnold Commercial Brokerage, Inc.More Info
505-256-7573

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Walt ArnoldSVN / Walt Arnold Commercial Brokerage, Inc.More Info
505-256-7573

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