Property profile

7697-7797 Palomas Ave Albuquerque, NM 87122

OFF-MARKET
Retail properties & Spaces
51,486 SF
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Property summary

AI-generated overview

Paseo Crossing, located at 7697-7797 Palomas Ave NE, Albuquerque, NM 87122, offers exceptional retail space in Albuquerque's desirable Northeast Heights. This Class A property boasts a total of 51,486 square feet across four single-story buildings situated on a generous 5.85-acre lot. The property is zoned MX-L and features convenient access to Wyoming Blvd. Currently, 1,203 square feet of retail space is immediately available, with a minimum divisible space of 1,203 square feet, providing flexibility for various business needs. The property's location in the high-income Northeast Heights ensures high visibility and foot traffic. The property's APN is 101906330748910501 and is situated in Bernalillo County. This is a multi-tenant retail opportunity ideal for businesses seeking a prominent location in a thriving Albuquerque neighborhood. The property's size and layout offer significant potential for growth and expansion. Don't miss this chance to secure your space in this exceptional retail center. Inquire today to learn more about leasing opportunities.

Property profile

Verified
Property type Retail properties & Spaces
Total area 51,486 SF

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
  • Shopping Center & Mall

Location

7697-7797 Palomas Ave Albuquerque, NM 87122
Albuquerque metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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