5401 Central AveAlbuquerque, NM 87105
Albuquerque Shopping Center - 8.5% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Stabilized neighborhood shopping center with 100% occupancy.
- Value-add opportunity with below-market rents averaging $9.72 per square foot.
- Below replacement cost asset.
- Ideal 1031 exchange property.
- Located on a major Albuquerque arterial with excellent visibility, access, and pylon signage.
Property Details for 5401 Central Ave
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 22,773 SF
- Year Built
- 1974
- Lot Size (sq. ft)
- 83,156 SF
Location Insight
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Latitude
- 35.0834661
- Longitude
- -106.6979574
Nearby Similar for Sale
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