1530-1540 Tramway Blvd NE - Storefront Retail/Office FOR SALE


Albuquerque, NM 87112
$2,065,755 USD
505-337-0777
1530-1540 Tramway Blvd NE, Albuquerque, NM for Sale
$2,065,755 USD
Storefront Retail/Office - FOR SALE
1/26
null | 7.5% Cap Rate

1530-1540 Tramway Blvd NE
Albuquerque, NM 87112


HIGHLIGHTS

  • 100% leased neighborhood retail strip center with brand new long term leases
  • Recession proof tenants with Snap Fitness, Balanced Physical Therapy, and Waggin' Tails Dog Grooming
  • Replaceable rents and priced below replacement cost
  • Great demographics in the immediate area - 17,000+ population & $73,000 average income
  • Anchored by CVS and Walgreens and backs up to the beautiful Sandia Mountains

OVERVIEW

Skyview Center is a CVS anchored neighborhood retail center located at the intersection of Tramway and Indian School. Skyview has been an integral part of the Monte Largo Hills neighborhood since 1987 and continues to bring fitness, pharmacy, dog grooming, event space and more to the same community today. With a brand new 10 year lease for Snap Fitness, a new 5 year lease for Balanced Physical Therapy and a 5 year renewal for Waggin’ Tails Dog Grooming, this property is ready for a new owner to benefit from the consistent cashflow for years to come. Skyview is set within a beautiful green campus and has a backdrop of the Sandia Mountains. The Skyview Center is a condominium and does not include The View Event Center as part of the sale.

FOR SALE DETAILS

PRICE

$2,065,755 USD

PRICE/SF

$148 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.32 AC

LAND SF

101,059 SF

ZONING

MX-M

APN/PARCEL ID

1-023-058-045331-2-10-95

ASK ABOUT THIS PROPERTY

Austin TidwellRESOLUT REMore Info
505-337-0777

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Austin TidwellRESOLUT REMore Info
505-337-0777

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