For Sale
$1,950,000

4200 Carlisle BlvdAlbuquerque, NM 87110

High-yield retail investment, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
116
This Albuquerque, NM shopping center presents a compelling investment opportunity. The 20,000 square foot, single-story Class B property, built in 1973, sits on a 1.12-acre lot at 4200 Carlisle Blvd NE, 87110, within Bernalillo County and zoned MX-L. Currently boasting 100% occupancy with seven tenants under a modified lease structure, this multi-tenant retail center generates a strong net operating income (NOI) of $123,897, yielding a 6.35% capitalization rate. The asking price is $1,950,000, translating to $97.50 per square foot. The property features a functional layout for each suite and ample parking, contributing to its attractive tenant mix. This stabilized investment offers a secure and profitable return for the discerning buyer. The property's prime location in Albuquerque ensures easy accessibility for both tenants and customers. This is a rare opportunity to acquire a well-performing retail asset in a desirable market.

Highlights

  • Exceptional Investment Opportunity with 100% Occupancy.
  • Prime Location.
  • Abundant Parking Available.
  • Diverse and Strong Tenant Mix.
  • Efficient and Functional Building Design.

Property Details for 4200 Carlisle Blvd

Property type
Lifestyle centers, Power centers
Square Feet
20,000 SF
Class
B
Year Built
1973
Buildings
1
Stories
1
Lot Size (sq. ft)
48,787 SF
Units
7

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.128604973176
Longitude
-106.60401327892
4200 Carlisle Blvd, Albuquerque, New Mexico

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4200 Carlisle Blvd
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