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Advance Auto Parts 4910 Central Ave SE 8,325 sq ft Retail Property Albuquerque, NM 87108 £1,041,989 (£125.16/sq ft) 9.72% Net Initial Yield

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INVESTMENT HIGHLIGHTS

  • Dark Store with 6+ Years Remaining on Primary Lease Term
  • Lease Expires 10/31/2031
  • Excess Land Included
  • Located on Historic Route 66

EXECUTIVE SUMMARY

Dark Store. NNN leased to Advance Auto Parts. 6+ years remaining on the initial lease term. Landlord only responsible for maintaining roof and structure. Roof under warranty. Additional "Add Value" play by developing or subdividing approx. .30 acre excess land.

ATTACHMENTS

Advance Auto Parts Albuquerque NM Marketing Flyer 3-25-25

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Standalone
Property Size
8,325 sq ft
Costar Property Class
C
Year Built/Renovated
1965/2015
Price
£1,041,989
Price per sq ft
£125.16
Yield
9.72%
NOI
£101,281
Tenancy
Single
Number of Floors
1
Plot ratio
0.18
Total Plot Size
1.08 ac
Use Class
MX-M - The purpose of the MX-M zone district is to provide for a wide array of moderate-intensity retail, commercial, institutional and moderate-density resi
Parking
36 Spaces (4.32 Spaces per 1,000 sq ft Leased)
Frontage
162 ft on Central Ave

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • sq ft OCCUPIED
  • RENT/sq ft
  • LEASE TYPE
  • LEASE END
  • Advance Auto Parts
  • Retailer
  • 8,292 sq ft
  • -
  • NNN
  • Oct 2031
TENANT INDUSTRY sq ft OCCUPIED RENT/sq ft LEASE TYPE LEASE END
Advance Auto Parts Retailer 8,292 sq ft - NNN Oct 2031

LINKS

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Walk Score®
Easily Walkable (83)
Bike Score®
Ideal For Cyclists (91)
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Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Bank of Montreal
El Taco Tote
The YMCA
Anytime Fitness
Jazzercise
Crossfit
Sprouts Farmers Market
Smith's
Rent-A-Center
Bank of America

PROPERTY TAXES

Parcel Number 1-017-057-434171-4-27-02 Improvements Assessment £61,288
Land Assessment £69,270 Total Assessment £130,558

PROPERTY TAXES

Parcel Number
1-017-057-434171-4-27-02
Land Assessment
£69,270
Improvements Assessment
£61,288
Total Assessment
£130,558
(415) 640-2394

Still interested?

Contact the agents for more information about this property

CONTACTS

  • Listing ID: 35281112

  • Date on Market: 27/03/2025

  • Last Updated:

  • Address: 4910 Central Ave SE, Albuquerque, NM 87108

The Nob Hill Retail Property at 4910 Central Ave SE, Albuquerque, NM 87108 is currently available. Contact SVN | Pacific Commercial Advisors for more information.

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Advance Auto Parts | 4910 Central Ave SE
(415) 640-2394 x

Advance Auto Parts | 4910 Central Ave SE

Kevin Chin, CCIM
(415) 640-2394

Walt Arnold
(505) 256-7573

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