15610 Sq Ft. Retail Shopping Center (Freestanding) 87002

Welcome to Henry's Shopping Center! This stable tenant investment is a Retail strip Mall that is located on the highly desirable North Main Street in Belen New Mexico, (just across the street from Belen's new Circle K). Henry's Center is located on the busy Main Street in Belen which sits approximately 10 minutes from the Facebook data Center & 35 minutes from the Albuquerque International Airport. Henry's Strip Center has exceptional storefront visibility to Belen's Main Street with approximately 15610 ft², which sits on 1.12+/- Ac. This value-add potential property sits just south of the hard corner of Aragon & Main St. which boasts the highest traffic count in Belen. This Seven-unit mall has below market rents with potential to improve. Currently the Mall is 100% occupied. This listing is for an investor ready for a stable asset, with ROOM for improvement to market trend. Currently @ a 4.15 cap rate return, ☆UNITS 613 & 615 Occupied @ 2160 sq ft. ☆UNIT 617 is occupied @ 3800 sq ft. ☆UNIT 619A is occupied @ 3000 sq ft. ☆UNIT 619B is occupied @ 2750 sq ft. ☆UNIT 621 is occupied @ 1950 sq ft. ☆UNIT 623 is occupied @ 1950 sq ft.