9550 Sage Rd SW - Freestanding FOR SALE


Albuquerque, NM 87121
$5,630,000 USD
602-687-6700
9550 Sage Rd SW, Albuquerque, NM for Sale
$5,630,000 USD
Freestanding - FOR SALE
1/9
null | 7.5% Cap Rate

9550 Sage Rd SW
Albuquerque, NM 87121


HIGHLIGHTS

  • 100 Percent Fully Leased to Diverse Neighborhood Center Tenant Profile
  • Notable Tenants Include H&R Block, Domino’s, Family Dollar, & Anytime Fitness
  • Recent 10 Year Lease Extension by Anytime Fitness
  • Shared Ingress / Egress with and Anchored by One of the Best Performing Walmart Neighborhood Markets in Albuquerque
  • High Visibility Along Sage Rd SW and 98th Street SW with 36,100 Cars per Day at Signalized Corner
  • Future Pad for Walmart Gas on Pad Directly in Front of Shops

OVERVIEW

The property is fully leased to a diverse neighborhood center tenant profile with notable tenants including H&R Block, Domino's, Family Dollar, and Anytime Fitness. 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

$5,630,000 USD

PRICE/SF

$266 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sage Marketplace

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

78

LAND DETAILS

LAND ACRES

3.62 AC

LAND SF

157,687 SF

ZONING

SU-1 for C-1

APN/PARCEL ID

1-009-055-199355-2-08-05

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.