121 Eubank Blvd NE - Storefront Retail/Office FOR SALE


Albuquerque, NM 87123
$1,167,736 USD
505-221-6999
121 Eubank Blvd NE, Albuquerque, NM for Sale
$1,167,736 USD
Storefront Retail/Office - FOR SALE
1/31
null | 10% Cap Rate

121 Eubank Blvd NE
Albuquerque, NM 87123


OVERVIEW

Exceptional Investment Opportunity at 121 Eubank Blvd. NE, Albuquerque, NM** Discover a prime investment opportunity that promises solid returns and long-term stability! Located in the bustling Northeast Albuquerque area, this property benefits from high visibility and heavy foot traffic, making it an ideal location for investors. Key Features: -Fully Occupied: The property is fully leased to three well-established tenants, providing a reliable and consistent cash flow. - Significant Capital Improvements: Over $300,000 in capital improvements have been added, significantly enhancing the property’s value and appeal and ensuring it remains competitive in the market. - Strong Leases in Place: With long-term leases in place and options to renew, you can enjoy peace of mind knowing your investment is secure and the income is stable for years . - High-Traffic Location: Situated in a prime area with approximately 30,000 vehicles passing by daily, this property offers excellent exposure, benefiting the tenants and your investment. Property Overview: Prime investment opportunity with solid ROI Located in Northeast Albuquerque’s high-traffic area Fully occupied by three established tenants Significant capital improvements made by each tenant Long-term leases in place, with options to renew for added income stability Highlights: Approximately 30,000 Vehicles Per Day Over $300K spent on improvements Annual escalating rents NNN Leases in place

FOR SALE DETAILS

PRICE

$1,167,736 USD

PRICE/SF

$212 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

MX-L

APN/PARCEL ID

1-020-057-526022-4-08-05,1-020-057-526028-4-08-06

ASK ABOUT THIS PROPERTY

Chris ArmistadArmistad Real EstateMore Info
505-221-6999

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Chris ArmistadArmistad Real EstateMore Info
505-221-6999

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