Retail Space with 1,932 Sq
4008 Carlisle Boulevard Northeast Albuquerque, NM 87107
4008 Carlisle Boulevard Northeast, Albuquerque, NM, 87107
Contact for pricing
For Sale
Contact for pricing
Retail property offered for sale at 1,932 Sq Ft.
Property Size1,932 SF
Price / SF$219.98
Days on Market84
Property Features for 4008 Carlisle Boulevard Northeast
General Information
- Standard status
- Active
- Size
- 1,932 SF
- Property subtype
- Retail, Office
Listing agency
Sentinel Real Estate & Investment
(505) 888-1500
Listed by
Michael Contreras, CCIM · License #NM 8783 QB
Source
Crexi
Added: Apr 30 Updated: Jul 21 at 1:40AM Checked: Jul 21 at 7:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sentinel Real Estate & Investment
Investment Insights
Based on property information with market context.
This offering is a retail space with 1,932 square feet of total area, presented for sale under a retail classification. The property is listed as a retail unit and is marketed in the public remarks as a 1,932 Sq Ft retail asset.
The property address is 4008 Carlisle Boulevard Northeast, Albuquerque, NM 87107. For details on layout, condition, and any existing improvements beyond the stated size, interested parties should request additional information from the listing broker.
The property address is 4008 Carlisle Boulevard Northeast, Albuquerque, NM 87107. For details on layout, condition, and any existing improvements beyond the stated size, interested parties should request additional information from the listing broker.
Key Highlights
- Retail property for sale featuring 1,932 Sq Ft
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.9k | $22.20 |
| − Vacancy | −$3.2k | −$1.67 |
| EGI | $39.7k | $20.54 |
| − OpEx | −$11.9k | −$6.16 |
| NOI | $27.8k | $14.37 |
1,932 SF · lease $22.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$396.7K
$347.2K – $462.9K
NOI $27,772 @ 7.0% cap · market cap 6.53%
Second Best
Office B
$366.6K
$320.8K – $427.8K
NOI $25,665 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$467.4K
$409.0K – $545.3K
NOI $32,717 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Desert Designs Hair ...
Barber Shop
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FAQs
What type of property is this?
Retail space - Retail property offered for sale at 1,932 Sq Ft.
Where is this retail space located?
The property is located at 4008 Carlisle Boulevard Northeast Albuquerque, NM.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Retail property for sale featuring 1,932 Sq Ft
