1001 San Mateo Boulevard Se Albuquerque, NM 87108

4,168 Sqft
8,276 Sqft lot
0.19 Acre lot
Status: Active
Property Type: Retail
Days on Website: 379

Courtesy of R & R Real Estate Partners LLC.

Description

Retail Building, 6 Spaces with upside Potential. Current Rents are below market. 2 vacant suites at this time. At $12.00/sf Rent, the Gross Rents would be about $50,000/year for a great CAP Rate of about 7.5%. Zoning is MX-L (Mixed Use - Low Intensity).TPO roof was done in 2013 - 2014. 6 Evaporative Cooling Units, Gas Heaters in each Store, each has 1/2 Bathroom. Ideal for Retail or Offfice use, occupy one or both the vacant spaces or the whole building, or pure Investment for good income potential.

Open House

Property Details and Features

  • 1 total stories
  • 4168 total building sqft
  • Block
  • Stucco
  • Evaporative Cooling
  • 2 Units
  • RANM 2100 Disclosure
  • Operating Expense: $13,650
  • Multiple Heating Units
  • Natural Gas
  • Gross Income: 45848
  • Property Subtype: Retail
  • 250 days on market
  • Listed on 2022-01-18
  • 50 leasable sqft
  • LeaseTerm: 6 Months
  • County: Bernalillo
  • 8276 sqft
  • 0.19 acres
  • Construction
  • 6 total parking spaces
  • On Site
  • Annual Amount: $2,320
  • None
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected