Eubank Plaza 1415-1523 Eubank Blvd NE 29,453 SF 100% Leased Retail Building Albuquerque, NM 87112 £2,951,371 (£100.21/SF)
EXECUTIVE SUMMARY
Colliers is proud to exclusively represent for sale Eubank Plaza, a neighborhood retail strip center located in the heart of Albuquerque’s desirable Northeast Heights submarket. The property is well-positioned in a high-traffic, high density corridor with two full-access and one right-in, right-out entryway. The center is well-established and populated by local tenants, many with a 20+ year operating history on-site. Rents are well below-market, providing significant upside potential while still offering stable, in-place cash flow.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,453 SF
Building Class
B
Year Built/Renovated
1973/2005
Price
£2,951,371
Price Per SF
£100.21
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Loading Docks
6 Exterior
Building FAR
0.33
Lot Size
2.06 AC
Zoning
MX-L
Parking
124 Spaces (4.21 Spaces per 1,000 SF Leased)
Frontage
506 ft on Eubank Blvd
AMENITIES
- Bus Route
- Pylon Sign
- Signage
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £270,869 | |
| Land Assessment | £165,374 | Total Assessment | £436,243 |
