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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 438 110 € (848,16 €/m²) Taux de capitalisation 5,96 %



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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 Dr 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 SF multi-tenant retail building features a diverse mix of local tenants, including a gym, 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 per day, providing excellent visibility. There are no current vacancies, and the nearest lease expiration is in 2028, with options to renew. 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.
Originally constructed in 1962, the building is made of beige brick masonry and features a combination of 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 stable in-place income with long-term potential in one of Albuquerque’s most active retail corridors.
This fully leased, 5,560 SF multi-tenant retail building features a diverse mix of local tenants, including a gym, 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 per day, providing excellent visibility. There are no current vacancies, and the nearest lease expiration is in 2028, with options to renew. 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.
Originally constructed in 1962, the building is made of beige brick masonry and features a combination of 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 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
438 110 €
Prix par m²
848,16 €
Taux de capitalisation
5,96 %
RNE
26 103 €
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
Moyennement praticable à pied
70/100
Très bien adapté aux voitures
80/100
Transports en commun limités
20/100
Plutôt praticable en vélo
50/100
Principaux commerces à proximité
Taxes foncières
| Numéro de parcelle | 1-018-058-251240-3-38-06 | Évaluation des aménagements | 124 556 € |
| Évaluation du terrain | 21 392 € | Évaluation totale | 145 948 € |
Taxes foncières
Numéro de parcelle
1-018-058-251240-3-38-06
Évaluation du terrain
21 392 €
Évaluation des aménagements
124 556 €
Évaluation totale
145 948 €
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Présenté par
Stable Local Tenant Retail Investment | 1619-1625 San Pedro Dr NE
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