Listing Detail for MLS: 958463
Courtesy: Maddox & Co/REALTORS

For more information on this listing, please contact...

  • Price:

    • $2,850,000

  • Listing #:
    • 958463
  • Class:
    • Commercial
  • Status:
    • Active
  • Type:
    • Shopping Center
  • Apx. SqFt:
    • 16,863
  • # of Acres:
    • 1.35
  • Lot Size:
    • 58,588
  • Address:
    • 2400 RIO GRANDE Boulevard
  • City:
  • County:
    • Bernalillo
  • Area:
    • 101 - Near North Valley
  • State:
    • NM
  • Zip:
    • 87104

Description

Iconic North Valley Neighborhood Center- 1 mile North of I-40 at Matthew Road NW. Anchored by La Montanita Coop for 20 years. Shadow anchored by Master Cleaners 30 years & Subway 16 years. 100% occupied & a consistent income producer for 31 years. Lease structure has embedded value. Strong North Valley sub-market traffic & the lowest vacancy rate in Albuquerque metro. Signalized intersection, ingress & egress on both Rio Grande & Matthew & tenant diversity all contribute to consistent strong center traffic.
  • Building Details
    • Stories:
      • - 1.00
    • Details:
      • - Frame
    • Details:
      • - Stucco
    • Door Height:
      • - N / A
    • Docks:
      • - No
    • Number Of Docks:
      • - 0.00
    • Garage Spaces:
      • - 60.00
    • Disability Access:
      • - Unknown
  • Property Details
    • Location:
      • - Corner Lot
      • - Shopping Center
    • Apx Lot Dim Front:
      • - 200
    • Apx Lot Dim Side:
      • - 200
    • Access Info:
      • - N Property Line
      • - W Property Line
    • Parking:
      • - Onsite
    • Zoning:
      • - Mx-l*
  • Utilities
    • Details:
      • - Electricity Connected
      • - Natural Gas Connected
      • - Sewer Connected
      • - Water Connected
    • Heating:
      • - Natural Gas
    • Hvac:
      • - Yes
  • Income and Expenses
    • Income & Expenses: Annual Gross Income:
      • - 259,701.00
    • Approx. Taxes:
      • - 17642.86
    • Income & Expenses: Annual Oper Expenses:
      • - 112,816.00
  • Leasing Details
    • Lease Information:
      • - Assumable / Assignable
    • Income & Expenses: Lease Term/months:
      • - Varies
    • Tenant Pays:
      • - Cam Charge
      • - Triple Net
    • % Occupied:
      • - 100.00
  • Miscellaneous
    • Days On Market:
      • - 91
    • Finance Considered:
      • - Cash
      • - Conventional
      • - Owner Financing
Nearby Listings
1.27 Mi.

1105 Candelaria Road

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 2,605 ft²
5.69 Mi.

514 MONROE Street

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 1,269 ft²
1.99 Mi.

4016 2Nd Street

  • 0 Bedrooms
  • 0.00 Bathrooms
  • 1,960 ft²

For more information on this listing, please contact...