1601 Broadway Blvd SE

Albuquerque, NM 87102 | 0.5 Acres / 6,020 SF | Investment Property Sold

Actual Sale Price Not Disclosed


SOLD | 100% Occupied Retail Strip Center | Under-Served Trade Area

Investment Property Sold

Price Actual Sale Price Not Disclosed
Size 0.5 Acres / 6,020 SF

Additional Information

Asking Sale Price: $475,000 ($78.90/SF)
Actual Sale Price: Not Disclosed
Asking Cap Rate: 8.03%

  • 100% occupied retail strip center
  • Building Size: ± 6,020 SF
  • Land Size: ± 0.48 aces
  • Mix of national and local tenants
  • Under-served and growing trade area
  • Strategically located near the major intersection of Avenida Cesar Chavez & Broadway Blvd. with more than 52,000 Cars Per Day
  • Rental increases in initial terms and option periods
  • Low lease rates

Location

Cole Flanagan, CPA, MBA

Partner
505.878.0001

Jake Mechenbier

Senior Advisor
505.878.0001

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