5700 San Antonio Dr NE
Albuquerque, NM 87109
San Antonio Commons · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 100% leased
EXECUTIVE SUMMARY
- Stable rent roll
- Market-competitive lease rates
- Easily accessible for tenants and their customers
- Contemporary buildings less than 10 years old
- Retail vacancy in the market is running less than 3% for similar space
- Located in a strong trade area
- $105,340 average household income within a five-mile radius
- The center sees 133,00 visits annually from 52,000 unique visitors
- Market-competitive lease rates
- Easily accessible for tenants and their customers
- Contemporary buildings less than 10 years old
- Retail vacancy in the market is running less than 3% for similar space
- Located in a strong trade area
- $105,340 average household income within a five-mile radius
- The center sees 133,00 visits annually from 52,000 unique visitors
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
14,740 SF
Building Class
B
Year Built
2014
Price
$3,300,000
Price Per SF
$224
Cap Rate
7.47%
NOI
$246,645
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.72 AC
Zoning
MX-M - Mixed Use - Moderate Intensity
Parking
60 Spaces
PROPERTY TAXES
| Parcel Number | 1-018-062-192503-2-01-44 | Improvements Assessment | $270,206 |
| Land Assessment | $202,913 | Total Assessment | $473,119 |
