Active
119 San Pasquale Ave SW
119 San Pasquale Ave SW Albuquerque, NM 87104
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Overview
Great location for this investment property. NNN leases , 3 suites. Restuarant is a long term tenant that just renewed their lease in March 2025 with escalations . Across the street from old town and close to downtown. Great traffic along Lomas & Central merge area. Fully Leased June 2025. 3% lease escalations each year.
Attachments
For Sale
Investment
- Sale Price
- $1,020,000
- Price Per SF
- $206.9/SF
- Cap Rate
- 7.5%
- Building Size
- 4,929 SF
- Acres
- 0.4624 ac
- Zoning
- MX-M
- Zoning Description
- Moderate Intensity
- Gross Income
- $98,603
- Net Operating Income
- $76,496
- Total Expenses
- $22,107
- Building Class
- C
- Floors
- 1
- Parking Spaces
- 26
- Submarket
- Downtown
- Property Use Type
- Net Leased (NNN)
- Property Status
- Existing
- County
- Bernalillo
- Created
- 2025-03-17
- Updated
- 2025-09-08
- Listing ID
- 81256aea
- Parcel APN
- 101305815520531408