Active
Two-Tenant Absolute NNN Investment
640 Juan Tabo Blvd NE Albuquerque, NM 87123
1 / 3
Overview
- New Gate, heaters, cooler, and office space
- Stabilized, long-term leases with 3.5% annual increases:
– Conway Automotive: 6 years remaining
– Double-Sided Clear Channel billboard: 4 years remaining - Billboard upgraded in 2019
- Over 38,000 CPD
- Real Estate Contract terms available
Attachments
Links
For Sale
Industrial
Investment
Secondary Uses: Vehicle Related, Warehouse/Office
- Sale Price
- $550,000
- Cap Rate
- 8.35%
- Acres
- 0.1768 ac
- Zoning
- MX-M
- Zoning Description
- Moderate Intensity
- Net Operating Income
- $45,897.72
- Tenant
- Conway Automotive // Clear Channel OutDoor
- Number of Buildings
- 1
- Tenancy
- Multiple Tenants
- Submarket
- Northeast Heights
- Average Occupancy Rate
- 100%
- County
- Bernalillo
- Created
- 2025-04-30
- Updated
- 2025-05-15
- Listing ID
- 057cb0a3
- Parcel APN
- 102205701122733412