Active
9880 Montgomery Blvd NE
9880 Montgomery Blvd NE Albuquerque, NM 87111
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Overview
Coldwell Banker Legacy is pleased to bring to market this 100% leased multi-tenant retail investment offering. The property has an excellent occupancy history and upside rental potential. It is currently leased by two tenants, Whole Hog Cafe and a cannabis dispensary. Located in the desirable Far Northeast Heights submarket along Montgomery Blvd, the property enjoys heavy traffic of 25,300 vehicles per day with building signage and prominent pylon sign visible from the street. This is a solid addition to any investment portfolio.
Attachments
For Sale
Retail
Investment
Secondary Uses: Cannabis Dispensary, Restaurant, Strip Center
- Sale Price
- $1,500,000
- Price Per SF
- $273/SF
- Cap Rate
- 8.09%
- Building Size
- 5,495 SF
- Acres
- 0.704 ac
- Zoning
- MX-M
- Zoning Description
- Moderate Intensity
- Net Operating Income
- $121,392.97
- Year Built
- 2007
- Parking Spaces
- 45
- Submarket
- Far Northeast Heights
- Average Occupancy Rate
- 100%
- County
- Bernalillo
- Created
- 2025-01-13
- Updated
- 2025-05-08
- Listing ID
- fb35149a
- Parcel APN
- 102106005851021362