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NE Heights Investment Property

2601 Juan Tabo Blvd NE Albuquerque, NM 87112

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Overview

100% Leased with 4 Tenants

  • NOI: $45,960
  • CAP Rate: 7.72%
  • Well-maintained building
  • 23 parking spaces
  • Lots of potential upside with all leases modified gross
  • Property is located in a proven retail trade area
  • Highly visible to 29,800 cars per day
  • Staggered leases
  • Diverse mix of local tenants include a church, hair salon, barber, and massage

Attachments

For Sale

Investment
Retail

Secondary Uses: Free Standing, Hair Salon, Strip Center

Sale Price
$595,000
Price Per SF
$134.1/SF
Cap Rate
7.72%
Building Size
4,436 SF
Acres
0.3216 ac
Zoning
MX-L
Zoning Description
Low Intensity
Net Operating Income
$45,960
Number Of Buildings
1
Parking Spaces
23
Tenancy
Multiple Tenants
Submarket
Northeast Heights
Vehicles Per Day
29,800 VPD
County
Bernalillo
Created
2025-02-27
Updated
2025-03-10
Listing ID
5c4534cf
Parcel APN
102105951939811303

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