1405-1409 Renaissance Blvd NE - Storefront Retail/Office FOR SALE


Albuquerque, NM 87107
$4,877,400 USD
505-207-2372
1405-1409 Renaissance Blvd NE, Albuquerque, NM for Sale
$4,877,400 USD
Storefront Retail/Office - FOR SALE
1/17
null | 7.85% Cap Rate

1405-1409 Renaissance Blvd NE
Albuquerque, NM 87107


HIGHLIGHTS

  • Two tenant retail investment opportunity.
  • The property is surrounded by other major retail tenants such as The Home Depot, Costco, Sam's Club, Sportsman's Warehouse and more.
  • The building is home to two stable tenants including Dollar Tree with a 7 year term.
  • Property features a strong cap rate of 7.85%.

OVERVIEW

Located in the Albuquerque Market, this 40,000 square foot multi-tenant building features two popular tenants, DollarTree and Office Depot. Both stores are surrounded by other major retailers as well making the area a frequented spot for Albuquerque locals. With an asking price of $4,877,400 and a 7.85% cap rate, this is a prime investment opportunity.

FOR SALE DETAILS

PRICE

$4,877,400 USD

PRICE/SF

$122 USD /SF

CAP RATE

7.85%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

220

LAND DETAILS

LAND ACRES

3.56 AC

LAND SF

155,074 SF

ZONING

MX-M

APN/PARCEL ID

1-016-061-195281-2-10-15

ASK ABOUT THIS PROPERTY

Anthony JohnsonPegasus RetailMore Info
505-207-2372

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Anthony JohnsonPegasus RetailMore Info
505-207-2372

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