9312 Montgomery Blvd NE

Albuquerque, NM 87111 | 0.4 Acres / 3,000 SF | Investment Property Sold

Actual Sale Price Not Disclosed


SOLD: Two-Tenant Office Investment | 100% Occupied | Low Price Point

Investment Property Sold

Price Actual Sale Price Not Disclosed
Size 0.4 Acres / 3,000 SF

Additional Information

9312 Montgomery Blvd NE
Two-Tenant Office Investment
100% Occupied | Low Price Point

 

Offering Summary

Asking Sale Price: $415,000 (138.33/SF)
Asking Cap Rate: $8.0%

 

Investment Highlights

  • Building Size: +/- 3,000 SF
  • Land Size: +/- 0.36 acres
  • Located near the major intersection of Montgomery & Eubank with 69,900 cars per day
  • Adjacent to newly-remodeled Sierra Vista Shopping Center
  • Dense infill location close to many amenities
  • 141,000+ population within 3 miles
  • $72,823 average household income within 3 miles
  • Strong traffic from neighboring national retailers:
    • Hobby Lobby
    • Marshalls
    • Stein Mart
    • Wendy’s
    • Panda Express

Location

Cole Flanagan, CPA, MBA

Partner
505.338.4107

Jake Mechenbier

Senior Advisor
505.338.4186

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