Property profile

6211 4Th St Northwest Albuquerque, NM 87107

FOR LEASE
Strip malls
Property ID
US61-0162315
88,423 SF 7.34 ac lot Built 1988
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Guadalupe Plaza offers a unique investment opportunity in Albuquerque's thriving North Valley submarket. This single-story, 87,790 square foot retail center is anchored by a Smith's grocery store, ensuring high foot traffic and strong visibility. The property boasts a convenient location at a signalized intersection, providing excellent accessibility for customers. Currently featuring a mix of tenants, there is approximately 9,240 square feet of turn-key medical office space immediately available, perfectly suited for a variety of medical practices or service-oriented businesses. The center's zoning (MX-M) allows for a diverse range of uses, including neighborhood retail, restaurants, and service businesses. Ample parking is available in a large, well-maintained parking field, and prominent monument signage opportunities exist for enhanced brand visibility. Located in Bernalillo County, this property presents a compelling opportunity for investors seeking a stable, high-traffic retail center in a desirable area. The property's existing infrastructure and strong anchor tenant make it an attractive option for both established businesses and new ventures seeking a foothold in the North Valley market. The absence of elevators is noted, reflecting the single-story design.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Total area 88,423 SF
Lot 7.34 ac (319,687 SF)
APN 1-014-062-435-014-4-04-05
UPID US61-0162315

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Dental Office
  • Business Service Center Corporate Office
  • Electronics & Wireless Store (Bike/Boat/Book/etc) Store
  • Medical Clinic

Location

6211 4Th St Northwest Albuquerque, NM 87107
Albuquerque metro Census 3502 ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

since 2023
5 recorded transactions
2023
Price N/A
2023
Price N/A
2019
Price N/A
2013
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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