6335 Central Ave NW

Albuquerque, NM 87105 | 0.3 Acres / 1,350 SF | Investment Property For Sale

$250,000.00


Bite-Sized Investment | Single-Tenant Retail

Investment Property For Sale

Price $250,000.00
Size 0.3 Acres / 1,350 SF

Additional Information

6335 Central Ave NW
California Oyster Bar

 

Offering Summary

Purchase Price: $250,000
Price per Square Foot: $185.19
Net Operating Income: $16,074

 

Investment Highlights

  • Bite-Sized Investment – Single-Tenant Retail
  • Low price point – $250,000 ($185.19/SF)
  • Building Size: +/- 1,350 SF
  • Land Size: +/- 0.29 acres
  • Over 3 years of lease term remaining through March 21, 2021
  • Strategically located near the intersection of Central Ave and Coors Blvd
  • Central Ave: 32,200 cars per day
  • Coors Blvd: 37,000 cars per day
  • Limited landlord responsibilities
  • Landlord ONLY responsible for property tax
  • Tenant responsible for all maintenance, repair, and replacement required during the lease term
  • 119,806+ population within a 3 mile radius of site
  • $54,690 average household income within a 3 mile radius of site
  • Flexibility – Investment or future owner-user potential
  • Tenant does not have any options to renew
  • Nearby tenants include Smith’s, Albertsons, Walgreens, Sonic, and Dion’s, among others

Location

Cole Flanagan, CPA, MBA

Partner
505.338.4107

Jake Mechenbier

Senior Advisor
505.338.4186

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