4340 Cutler Ave NE - Freestanding FOR SALE


Albuquerque, NM 87110- Bel-Air
$3,866,000 USD
602-687-6700
4340 Cutler Ave NE, Albuquerque, NM for Sale
$3,866,000 USD
Freestanding - FOR SALE
1/5
null | 8.25% Cap Rate

4340 Cutler Ave NE
Albuquerque, NM 87110
Bel-Air


HIGHLIGHTS

  • 3+ Years Remaining on Absolute Triple-Net (NNN) Lease with Corporate and Personal Guaranty
  • Two and a Half Percent Rental Increases Annually
  • Excellent Visibility Along Interstate-40 Coronado Freeway (Over 191,100 Cars/Day)
  • Hard-Corner Location at Signalized Intersection of Cutler Avenue NE and Washington Street with Over 23,700 Cars Per Day
  • Surrounded by National Retail Tenants - Walmart Neighborhood Market, Bed Bath & Beyond, Old Navy, Office Depot, and More
  • Immediate Proximity to Dense Major Retail Corridor along I-40 Freeway with Coronado Center, AQB Uptown, and Winrock Town Center Shopping Malls

OVERVIEW

Calibers is a New Mexico-based indoor shooting range and gun shop that specializes in range experiences, training, and certifications. Calibers also carry the latest firearms and accessories at their retail locations as well as on their online store, and through their membership program offered at every location. As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment.

FOR SALE DETAILS

PRICE

$3,866,000 USD

PRICE/SF

$187 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Calibers - Absolute NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

NR-C

APN/PARCEL ID

1-017-059-236104-3-09-01

ASK ABOUT THIS PROPERTY

Ryan SarbinoffMarcus & MillichapMore Info
602-687-6700

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Ryan SarbinoffMarcus & MillichapMore Info
602-687-6700

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