2011 12th St NW - Freestanding FOR SALE


Albuquerque, NM 87104
$4,810,000 USD
949-777-5984
2011 12th St NW, Albuquerque, NM for Sale
$4,810,000 USD
Freestanding - FOR SALE
1/3
null | 6.75% Cap Rate

2011 12th St NW
Albuquerque, NM 87104


HIGHLIGHTS

  • LONG TERM OPERATING HISTORY – Walgreens has been serving the community at this location for nearly 20 years.
  • PASSIVE INVESTMENT – Absolute NNN with no landlord responsibilities.
  • OPEN LATE HOURS – This Walgreens location is open until midnight.
  • STRONG REPORTED SALES – This location has consistently reported sales over $5 million over the last 5 years. Contact agent for more details.
  • CORPORATE GUARANTEE – Lease is corporately guaranteed by Walgreens (NASDAQ: WBA).
  • PREMIER LOCATION – This store is located roughly 10 minutes away from the University of New Mexico which has a population of 221k residents.

OVERVIEW

Kyle Matthews License No. 19601 (NM) (866) 889-0550 Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$4,810,000 USD

PRICE/SF

$298 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WALGREENS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.65 AC

LAND SF

71,874 SF

ZONING

-

APN/PARCEL ID

1-013-059-470253-4-05-35

ASK ABOUT THIS PROPERTY

Brandon PerezMatthews Real Estate Investment ServicesMore Info
949-777-5984

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

Brandon PerezMatthews Real Estate Investment ServicesMore Info
949-777-5984

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