10300 Central Ave SE - Drug Store FOR SALE


Albuquerque, NM 87123- Trumbull Village
$6,495,000 USD
303-623-0200
10300 Central Ave SE, Albuquerque, NM for Sale
$6,495,000 USD
Drug Store - FOR SALE
1/8
null | 5.95% Cap Rate

10300 Central Ave SE
Albuquerque, NM 87123
Trumbull Village


HIGHLIGHTS

  • Absolute Triple-Net (NNN) income from Walgreens Corp. until March 31, 2031
  • Growing Trade Area

OVERVIEW

Owner will consider a build to suit, subdivide building for multiple new tenants, lease building "as-is" with negotiated tenant finish allowance, sell the property or redevelopment of the parcel. Absolute Triple-Net (NNN) income from Walgreens Corp. until March 31 ,2031. 226,000 residents in growing 5-mile trade area. Less then 1-mile off the I-40 freeway (60,306 cars per day). Adjacent to Starbucks, Church's, Chili's, Taco Cabana, Jack-in-the-Box, Burger King, O'Reilly Auto Parts, Dutch Bros. Coffee, Freddy's Frozen Custard. Within one block of well known big box retailers - Costco and Home Depot. Within close proximity of other big box retailers such as Target, Sam's Club, Walmart Supercenter, Pet Smart, Sandia Toyota, Office Max Petco, Best Buy. Over 500 businesses in a 1-mile radius. Over 60,483 daytime employees within a 3-mile surrounding area. Walking distance from the National Museum of Nuclear Science & History. In close proximity to Sandia Science & Technology Park and Kirtland Air Force Base. 15 minutes east of downtown Albuquerque and 10 minutes from the Albuquerque International Sunport - the largest commercial airport in the vicinity with over 5.3 million passengers each year.

FOR SALE DETAILS

PRICE

$6,495,000 USD

PRICE/SF

$393 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

1.82 AC

LAND SF

79,279 SF

ZONING

C2

APN/PARCEL ID

1-020-056-527485-1-16-17

ASK ABOUT THIS PROPERTY

Jeffrey HirschfeldAntonoff & Company Brokerage, Inc.More Info
303-623-0200

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Jeffrey HirschfeldAntonoff & Company Brokerage, Inc.More Info
303-623-0200

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