6610 Central Ave SE, Albuquerque, NM 87108
Commercial property with high visibility and fenced yard for sale.
- Added:
- Sep 12, 2024
- Days on Market:
- 642
- Last Refresh:
- May 12 at 9:50 pm
Property Features for 6610 Central Ave SE
General Information
- Standard status
- Active
- Size
- 3,129 SF
- Property subtype
- Retail
Listing agent Alexis Lovato License #NM 55026
Listing office NAI Sun Vista
Listing date Sep 12, 2024
Source Crexi
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 NAI Sun Vista
HighLights
- High visibility location with 19,000 cars per day
- Fenced and gated yard
- Perfect for auto sales/service or industrial use
- Large pylon sign to maximize exposure
- 10’ x 8’ roll‑up door
- Recently renovated
Overview
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 | $69.5k | $22.20 |
| − Vacancy | −$5.2k | −$1.67 |
| EGI | $64.3k | $20.54 |
| − OpEx | −$19.3k | −$6.16 |
| NOI | $45.0k | $14.37 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- U-Haul Neighborhood Dealer — 4305 Lomas Blvd NE, Albuquerque, NM 87110
- U-Haul Neighborhood Dealer — 5516 Silver Ave SE Ste 2, Albuquerque, NM 87108
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.5736168
- Latitude
- 35.0762716
