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121 Eubank Blvd NE

121 Eubank Blvd NE Albuquerque, NM 87123

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Overview

Exceptional Investment Opportunity at 121 Eubank Blvd. NE, Albuquerque, NM**

Discover a prime investment opportunity that promises solid returns and long-term stability! Located in the bustling Northeast Albuquerque area, this property benefits from high visibility and heavy foot traffic, making it an ideal location for investors.

Key Features:

-Fully Occupied: The property is fully leased to three well-established tenants, providing a reliable and consistent cash flow.
- Significant Capital Improvements: Over $300,000 in capital improvements have been added, significantly enhancing the property’s value and appeal and ensuring it remains competitive in the market.
-  Strong Leases in Place: With long-term leases in place and options to renew, you can enjoy peace of mind knowing your investment is secure and the income is stable for years .
- High-Traffic Location: Situated in a prime area with approximately 30,000 vehicles passing by daily, this property offers excellent exposure, benefiting the tenants and your investment.
 

Property Overview:

  • Prime investment opportunity with solid ROI 
  • Located in Northeast Albuquerque’s high-traffic area
  • Fully occupied by three established tenants 
  • Significant capital improvements made by each tenant
  • Long-term leases in place, with options to renew for added income stability

Highlights:

  • Approximately 30,000 Vehicles Per Day
  • Over $300K  spent on improvements 
  • Annual escalating rents 
  • NNN Leases in place

For Sale

Investment
Sale Price
$1,167,736
Price Per SF
$212.3/SF
Cap Rate
10%
Building Size
5,500 SF
Acres
0.33 ac
Zoning
MX-L
Zoning Description
Low Intensity
Gross Income
$133,992
Net Operating Income
$116,736
Total Expenses
$17,256
Year Built
1984
Parking Ratio
4.4 / 1,000
Parking Spaces
22
Submarket
Southeast Heights
Property Use Type
Investment
Property Status
Existing
Vehicles Per Day
30,000 VPD
Average Occupancy Rate
100%
County
Bernalillo
Created
2024-11-13
Updated
2025-03-05
Listing ID
1c325ef1
Parcel APN
102005752602840806

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