475 Coors BlvdAlbuquerque, NM 87121

Property Details for 475 Coors Blvd

Year built

2005

Lot size

2.13 AC

Property size (Sq ft)

23,284 SF

Property type

Retail properties

Property subtype

Retail space

APN

1-010-058-474-105-4-06-07

APU

101005847410540607

Description

This exceptional 1,339-square-foot creative office or retail space is ideally situated at 475 Coors Blvd NW, Suite D, Albuquerque, NM 87121. Located at the intersection of Los Volcanes and Coors, this single-tenant space boasts a prime location with high visibility and significant foot traffic. The property is classified as Class B and features a single story building. The zoning is NR-BP. The property's APN is 10100584741050607. Benefit from a daily traffic count of 42,600 vehicles, ensuring maximum exposure for your business. The space is clean and well-maintained, offering a competitive rental rate of $13 per square foot, plus a triple net (NNN) charge of $3.54 per square foot. This translates to a total monthly rent of $1,858. The property offers excellent signage opportunities and benefits from successful co-tenancy, including a Big Lots and a busy Mexican seafood restaurant, further enhancing visibility and attracting potential customers. This is a rare opportunity to secure a high-traffic, well-located space in a thriving Albuquerque commercial area. Don't miss out on this chance to establish your business in a vibrant and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,946,296

  6.5%

  $4,565,812

  7%

  $4,239,683

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,055,895

  Geo Method

  $4,847,784

• Alternative Use

  Use

  Valuation

  Residential

  $3,851,434

  Hospitality

  $3,527,892

  Educational

  $2,935,165

  Medical

  $3,036,110

  Retail

  $4,565,812

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0903

Longitude

-106.712

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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