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4604 Corrales Rd

9,144 SF 50% Leased Retail Building Corrales, NM 87048 £745,189 (£81/SF)

Investment Highlights

  • Opportunity to own a rarely available commercial property in the Village of Corrales
  • Property was fully remodeled in 2019
  • Dedicated parking lot for customers
  • Frontage visibility along Corrales Rd. with full access to the property
  • Adobe building with beautiful high-end, modern finishes throughout
  • The office/retail possibilities are endless with this Corrales gem!

Executive Summary

-Opportunity to own a rarely available commercial property in the Village of Corrales
-Frontage visibility along Corrales Rd. with full access to the property
-Currently built-out to support multiple tenants (featuring separate entry points with multiple offices and restrooms)
-Property was fully remodeled in 2019
-Adobe building with beautiful high-end, modern finishes throughout
-Attractive entry courtyard with colorful native landscaping
-Dedicated parking lot for customers
-Two existing tenants with short term leases
-The office/retail possibilities are endless with this Corrales gem!

Attachments

Corrales Rd 4604

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
9,144 SF
Building Class
B
Year Built/Renovated
1950/2019
Price
£745,189
Price Per SF
£81
Percent Leased
50%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.60
Land Acres
0.35 AC
Zoning
Commercial - Village of Corrales
Parking
12 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
74 ft on Corrales Road

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 1,800 SF
  • Retail
  • End Cap
  • Now

Rarely-available commercial space Frontage visibility along Corrales Rd. with full access. Located in one of the highest income areas in metro Albuquerque. Multi-tenant building Property was fully remolded in 2019. Adobe building with beautiful high-end, modern finishes throughout. Beautiful, enclosed courtyard at the entry of building. Balcony/patio Dedicated parking lot

  • 1st Floor
  • 2,772 SF
  • Retail
  • End Cap
  • Now

High-Profile Retail/Office Space available for lease. Contact broker for details.

Space Size Space Use Position Available
1st Floor 1,800 SF Retail End Cap Now
1st Floor 2,772 SF Retail End Cap Now

1st Floor

Size
1,800 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size
2,772 SF
Space Use
Retail
Position
End Cap
Available
Now

1st Floor

Size 1,800 SF
Space Use Retail
Position End Cap
Available Now

Rarely-available commercial space Frontage visibility along Corrales Rd. with full access. Located in one of the highest income areas in metro Albuquerque. Multi-tenant building Property was fully remolded in 2019. Adobe building with beautiful high-end, modern finishes throughout. Beautiful, enclosed courtyard at the entry of building. Balcony/patio Dedicated parking lot

1st Floor

Size 2,772 SF
Space Use Retail
Position End Cap
Available Now

High-Profile Retail/Office Space available for lease. Contact broker for details.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-016-067-235-321
Land Assessment
£19,629
Improvements Assessment
£177,639
Total Assessment
£197,268
  • Listing ID: 29348482

  • Date on Market: 23/08/2023

  • Last Updated:

  • Address: 4604 Corrales Rd, Corrales, NM 87048

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