7105 Central Ave NE | Albuquerque, NM 87108
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
7105 Central Ave NE
Albuquerque, NM 87108
Retail Property For Sale
Executive Summary
Colliers is pleased to bring to market a CVS STNL ground lease investment located at 7105 Central Ave NE in Albuquerque, NM. The property is prominently positioned on the corner of Central Blvd & Louisiana Blvd, a fundamental signalized intersection in the heart of Route 66. The property enjoys excellent visibility, pylon signage, and boasts traffic counts of over 55,000 VPD at the intersection. Also available as part of the investment sale is a ± 0.3099 acre parcel adjacent to the CVS ground lease parcel.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,900 SF
Building Class
B
Year Built
2010
Price
$2,200,000
Price Per SF
$171
Cap Rate
10%
NOI
$220,000
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.15
Lot Size
2.00 AC
Zoning
MX-M
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1-019-057-016131-3-07-02 | Improvements Assessment | $252,273 |
| Land Assessment | $121,959 | Total Assessment | $374,232 |
PROPERTY TAXES
Parcel Number
1-019-057-016131-3-07-02
Land Assessment
$121,959
Improvements Assessment
$252,273
Total Assessment
$374,232
Learn More About Investing in Retail Properties
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
