10120 Central Ave SW
10120 Central Ave SW Albuquerque, NM 87121

Overview
Route 66 Retail Investment | 8% Cap | Long-Term Tenants Positioned along the iconic Route 66 corridor at 10120 Central NW in Albuquerque, this 6,000 SF retail property offers a compelling investment anchored by two well-established tenants: a restaurant and a daycare, both with multi-year histories and featuring annual rent escalations. The 1.27-acre site boasts monument signage, a drive-thru, and excellent street visibility—key features that enhance customer accessibility and long-term tenant desirability. Located in an area experiencing steady growth, this asset delivers strong in-place income with minimal landlord oversight, making it an ideal addition to any portfolio seeking stable cash flow at an attractive 8% cap rate.
Attachments
For Sale
Secondary Uses: Strip Center
- Sale Price
- $1,244,000
- Price Per SF
- $207.3/SF
- Building Size
- 6,000 SF
- Acres
- 1.27 ac
- Zoning
- NR-C
- Zoning Description
- Non-Residential Commercial
- Building Class
- B
- Number of Buildings
- 1
- Floors
- 1
- Construction Type
- Framed
- Submarket
- South Valley
- Nearest MSA
- Albuquerque
- Property Use Type
- Net Leased (NNN)
- Property Status
- Existing
- Average Occupancy Rate
- 100%
- Has Drive Thru
- Yes
- Is End Cap
- Yes
- Nearest Interstate
- I-40 - 1 mi
- Power Provider
- City - PNM
- County
- Bernalillo
- Available
- 2025-07-15
- Created
- 2022-02-24
- Updated
- 2025-07-01
- Listing ID
- 66f4c4e6
- Parcel APN
- 100805651844210601