5505 Central Ave NE | Albuquerque, NM 87108
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- LoopNet Team
5505 Central Ave NE
Albuquerque, NM 87108
Corporate Guaranteed | NNN Lease · Retail Property For Sale
Investment Highlights
- Corporate Guaranteed Lease - Guaranteed By 13 Units
- 9 Years & 7 Months Remaining On Original Lease Term
- 34% Increase To Rent 10/1/2026
- Family Smiles LLC - National Tenant (69 Operating Units)
- 6.81% Blended Cap Rate
- New Roof April 2020 - 10 Year Roof Warranty On Labor & 15 Year Warranty On Materials
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,665 SF
Building Class
B
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.60 AC
Zoning
C-2
Frontage
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 1-018-057-066186-3-23-01 | Improvements Assessment | $35,785 |
| Land Assessment | $36,802 | Total Assessment | $72,587 |
PROPERTY TAXES
Parcel Number
1-018-057-066186-3-23-01
Land Assessment
$36,802
Improvements Assessment
$35,785
Total Assessment
$72,587
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