2100 Juan Tabo BlvdAlbuquerque, NM 87112

  • Strip malls
  • 15,150 SF
For Lease
$10/SF/YR View listing

Property Details for 2100 Juan Tabo Blvd

Year built
1980
Lot size
1.11 AC
Property size (Sq ft)
15,150 SF
Property type
Strip malls
Property subtype
Neighborhood centers
APN
1-022-059-012-173-3-26-04
APU
102205901217332604

Description

This Albuquerque, New Mexico property offers two retail spaces for lease at 2100 Juan Tabo Blvd NE, zip code 87112, within Bernalillo County. Suite 2118, approximately 1,118 square feet, is available for $1,245.64 per month, and Suite 2122, approximately 1,254 square feet with a built-out barber shop, is available for $1,606.17 per month. Both lease rates include NNN expenses. The property is situated in a well-established shopping center with high visibility on Juan Tabo Blvd NE, boasting 31,200 cars per day. Excellent signage opportunities are available, including prominent monument and on-building signage. The MX-L zoning allows for a variety of uses. This location is in the desirable Northeast Heights area, offering a turnkey barber shop opportunity in Suite 2122 and strong potential for other retail businesses in Suite 2118. The property benefits from its proximity to dense retail and residential areas, ensuring high foot traffic and customer accessibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,218,365
    6.5%
    $2,970,798
    7%
    $2,758,598
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,289,677
    Geo Method
    $3,154,266
  • Alternative Use

    Use
    Valuation
    Residential
    $2,505,980
    Hospitality
    $2,295,464
    Educational
    $1,909,799
    Medical
    $1,975,480
    Retail
    $2,970,798
2100 Juan Tabo Blvd, Albuquerque, New Mexico

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.1061
Longitude
-106.515
CBSA code
10740
CBSA name
ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,995
$117,127
$153,747
$270,874
-
$351,416
$461,288
$812,704

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