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Stable Local Tenant Retail Investment 1619-1625 San Pedro Dr NE Local commercial 517 m² 100 % Loué À vendre Albuquerque, NM 87110 474 578 € (918,76 €/m²) Taux de capitalisation 6,70 %
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Fully leased retail asset with stable local tenants.
- Modified gross leases with upside for NNN conversion.
- Zoned MX-M (Mixed-Use) with 100% occupancy and no vacancies.
- Located near Albuquerque’s Uptown trade area with strong visibility of 13,479 daily vehicles on San Pedro Drive.
- Diverse tenant mix driving built-in foot traffic.
Résumé analytique
1619–1625 San Pedro Drive NE offers a stable, income-generating opportunity located just outside Albuquerque’s highly active Uptown trade area—home to the highest daytime population in New Mexico.
This fully leased, 5,560-square-foot, multi-tenant retail building features a diverse mix of local tenants, including a gym, dispensary, dog grooming salon, and tea shop—creating strong co-tenancy synergy and built-in foot traffic. The property fronts San Pedro Drive, which sees over 13,479 vehicles daily, providing excellent visibility.
There are no current vacancies; the nearest lease expiration is in 2027, with renewal options. All tenants are currently on modified gross leases, presenting future upside for an investor to convert to triple net (NNN) lease structures upon renewal or re-tenanting.
Initially constructed in 1962, the building is made of beige brick masonry and combines TPO and tar-and-gravel roofing. Each suite is equipped with a swamp cooler and radiant heating.
Signage includes individual building signage for each unit and a shared pylon sign with four tenant panels. This is an ideal opportunity for investors seeking a stable in-place income with long-term potential in one of Albuquerque’s most active retail corridors.
This fully leased, 5,560-square-foot, multi-tenant retail building features a diverse mix of local tenants, including a gym, dispensary, dog grooming salon, and tea shop—creating strong co-tenancy synergy and built-in foot traffic. The property fronts San Pedro Drive, which sees over 13,479 vehicles daily, providing excellent visibility.
There are no current vacancies; the nearest lease expiration is in 2027, with renewal options. All tenants are currently on modified gross leases, presenting future upside for an investor to convert to triple net (NNN) lease structures upon renewal or re-tenanting.
Initially constructed in 1962, the building is made of beige brick masonry and combines TPO and tar-and-gravel roofing. Each suite is equipped with a swamp cooler and radiant heating.
Signage includes individual building signage for each unit and a shared pylon sign with four tenant panels. This is an ideal opportunity for investors seeking a stable in-place income with long-term potential in one of Albuquerque’s most active retail corridors.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
517 m²
Classe d’immeuble
C
Année de construction
1962
Prix
474 578 €
Prix par m²
918,76 €
Taux de capitalisation
6,70 %
RNE
31 797 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,51
Surface du lot
0,10 ha
Zonage
MX-M - MX-L
Stationnement
14 places (27,1 places par 1 000 m² loué)
Façade
22 m sur San Pedro Dr
Caractéristiques
- Enseigne sur pylône
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
50/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 1-018-058-251240-3-38-06 | Évaluation des aménagements | 122 658 € |
| Évaluation du terrain | 21 066 € | Évaluation totale | 143 724 € |
Taxes foncières
Numéro de parcelle
1-018-058-251240-3-38-06
Évaluation du terrain
21 066 €
Évaluation des aménagements
122 658 €
Évaluation totale
143 724 €
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Présenté par
Stable Local Tenant Retail Investment | 1619-1625 San Pedro Dr NE
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