3600 Calle Cuervo NW - Veterinarian/Kennel FOR SALE


Albuquerque, NM 87114
$800,000 USD
949-374-1163
3600 Calle Cuervo NW, Albuquerque, NM for Sale
$800,000 USD
Veterinarian/Kennel - FOR SALE
1/3
null | 6.75% Cap Rate

3600 Calle Cuervo NW
Albuquerque, NM 87114


HIGHLIGHTS

  • » LONG TERM TRIPLE NET (NNN) LEASE, WITH CORPORATE GUARANTY FROM AMERIVET (200+ LOCATIONS)
  • » 3% ANNUAL INCREASES THROUGH PRIMARY LEASE TERM & OPTIONS
  • » EXCELLENT LOCATION, LOCATED WITHIN 2ND LARGEST SHOPPING DESTINATION IN NEW MEXICO

OVERVIEW

Acequia Animal Hospital is a full service medical and surgical hospital offering a wide range of veterinary services to a variety of pets including but not limited to wellness exams, dental cleanings, surgeries, diagnositics, ultrasounds, and wellness visits. This 2,739-square-foot animal hospital was built in 2002 and is located within one of Albuquerque’s top shopping destinations comprised of Cottonwood Commons, Mall and Corners featuring over 1,000,000 SF of retail; the 2nd largest shopping center in the state serving over 350,000 consumers annually. The property is 100% leased to AmeriVet which is a national operator of veterinary clinics in the US. AmeriVet operates over 214 clinics across 37 states with over 3,400 employees.The site’s demographics boast a 5-mile population of 165,603 people which is expected to reach 169,578 people by 2029; with an average household income of $101,046 within a 3-mile radius. The Cottonwood area in Albuquerque is home to a wide variety of tenants across its three major shopping destinations: Cottonwood Mall, Cottonwood Commons, and Cottonwood Corners. Tenants at Cottonwood Mall include anchor stores like Dillard’s, JCPenney, and Round1 Entertainment, alongside popular brands such as H&M, Bath & Body Works, Victoria’s Secret, and Sephora. The Commons features big-box retailers like PetSmart, Barnes & Noble, TJ Maxx, and Ulta Beauty, while Cottonwood Corners includes anchors such as Sam’s Club, Target, Lowe’s and The Home Depot, and smaller service-oriented businesses. Dining options throughout the area range from sit-down restaurants like Olive Garden and Red Robin to fast-casual spots like Chick-fil-A, Panda Express, and Starbucks, creating a diverse and vibrant shopping experience.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,990 SF

ZONING

-

APN/PARCEL ID

1-014-066-163191-2-01-22

ASK ABOUT THIS PROPERTY

Miles ElamHelios Investment ServicesMore Info
949-374-1163

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Miles ElamHelios Investment ServicesMore Info
949-374-1163

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