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4410 Central Ave SW 16,376 sq ft Retail Property Albuquerque, NM 87105 £1,863,538 (£113.80/sq ft) 6.25% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Nationally credited tenant with a B1 Stable Moody’s score
- 5% Annual NN increase cap
- 2.64 acre lot with large pylon sign
- A 2019 renovated 16,376 square foot freestanding building on a 2.64-acre lot leased to HARBOR FREIGHT TOOLS in Albuquerque, NM until April 30th
- Owner financing is available
- On-site ATM
EXECUTIVE SUMMARY
A 2019 renovated 16,376 square foot freestanding building on a 2.64-acre lot leased to HARBOR FREIGHT TOOLS in Albuquerque, NM until April 30th.
Price: $2,502,031 - 6.25% Cap rate
5% Annual NN increase cap
Owner financing is available
Price: $2,502,031 - 6.25% Cap rate
5% Annual NN increase cap
Owner financing is available
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Standalone
Property Size
16,376 sq ft
Costar Property Class
B
Year Built/Renovated
1970/2019
Price
£1,863,538
Price per sq ft
£113.80
Yield
6.25%
NOI
£116,471
Tenancy
Single
Number of Floors
1
Plot ratio
0.14
Total Plot Size
2.64 ac
Use Class
MX-M - MX-M zoning is to provide for a wide array of moderate-intensity retail, commercial and institutional opportunities
Parking
50 Spaces (2.78 Spaces per 1,000 sq ft Leased)
Frontage
280 ft on Central Ave
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £218,325 | |
| Land Assessment | £77,755 | Total Assessment | £296,080 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£77,755
Improvements Assessment
£218,325
Total Assessment
£296,080
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4410 Central Ave SW
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