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7105 Central Ave NE
7105 Central Ave NE Albuquerque, NM 87108
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Overview
Colliers is pleased to bring to market a CVS STNL ground lease investment located at 7105 Central Ave NE in Albuquerque, NM. The property is prominently positioned on the corner of Central Blvd & Louisiana Blvd, a fundamental signalized intersection in the heart of Route 66. The property enjoys excellent visibility, pylon signage, and boasts traffic counts of over 55,000 VPD at the intersection. Also available as part of the investment sale is a ± 0.3099 acre parcel adjacent to the CVS ground lease parcel.
Attachments
For Sale
Investment
Retail
- Sale Price
- $2,200,000
- Price Per SF
- $170.5/SF
- Investment
- Yes
- Cap Rate
- 10%
- Net Operating Income
- $220,000
- Building Size
- 12,900 SF
- Acres
- 1.5687 ac
- Zoning
- MX-M
- Zoning Description
- Moderate Intensity
- Tenant
- CVS Pharmacy
- Building Name
- Ground Lease Investment | CVS STNL
- Floors
- 1
- Submarket
- Southeast Heights
- Has Drive Thru
- Yes
- County
- Bernalillo
- Created
- 2024-12-03
- Updated
- 2024-12-12
- Listing ID
- a827cf85
- Parcel APN
- 101905701613130702