4200 Carlisle Blvd Albuquerque, NM 87110
- Lifestyle centers
- 20,000 SF
- 1.12 lot acres
Current Use by Public Records
- Mindful Movement & Wellness / Boxing Gym / Fitness Center
- Ho Andy DPM / Podiatrist
Property Details for 4200 Carlisle Blvd
- Year built
- 1973
- Lot size
- 1.12 lot acres
- Property size
- 20,000 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This Albuquerque, NM shopping center presents a compelling investment opportunity. The 20,000 square foot, single-story Class B property, built in 1973, sits on a 1.12-acre lot at 4200 Carlisle Blvd NE, 87110, within Bernalillo County and zoned MX-L. Currently boasting 100% occupancy with seven tenants under a modified lease structure, this multi-tenant retail center generates a strong net operating income (NOI) of $123,897, yielding a 6.35% capitalization rate. The asking price is $1,950,000, translating to $97.50 per square foot. The property features a functional layout for each suite and ample parking, contributing to its attractive tenant mix. This stabilized investment offers a secure and profitable return for the discerning buyer. The property's prime location in Albuquerque ensures easy accessibility for both tenants and customers. This is a rare opportunity to acquire a well-performing retail asset in a desirable market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.604
- Latitude
- 35.1286
