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10120 Central Ave SW

10120 Central Ave SW Albuquerque, NM 87121

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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.

For Sale

Retail

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

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