585 Osuna Rd NE Albuquerque, NM 87113
Retail property with established tenants, high visibility, and strong potential.
Property size:
9,500 SFLot size:
1.23 AcresProperty Features for 585 Osuna Rd NE
General Information
- Size
- 9,500 SF
- Lot size
- 1.23 Acres
Source:
Moodyscre
Listing Agent: Martha Carpenter
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Retail Investment Opportunity Near Sandia
This retail property presents a unique opportunity for an experienced retail investor or owner/user to acquire a property. The property has tenants that include Amadeo’s Pizza, Subway and Volcanic Training, and they have been in the center since 2014. The property is located directly across from Sandia Prep and less than 1/2 mile from Vista del Norte. It benefits from great visibility with approximately 20,200 cars per day. The current occupancy is approximately 5,500 rentable square feet. The proforma net operating income is $152,000, based on proforma rents at $16.00 per square foot plus NNN, resulting in a proforma cap rate of 7.5%.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Volcanic Training
Personal Trainer
Subway
Sandwich Shop
Amadeo's Pizza & Subs
Pizza Restaurant
Home Instead
Home Health Care Service
Mary Martinez
Home Health Care Service
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.6175287
- Latitude
- 35.1512502
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Retail property with established tenants, high visibility, and strong potential.
Where is this strip mall located?
The property is located at 585 Osuna Rd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: - Proforma Cap Rate: 7.5%; - Proforma NOI: $152,000 (Proforma rents at $16.00/SF + NNN); - Located directly across from Sandia Prep