1415 Eubank Blvd Albuquerque, NM 87112
Eubank Plaza, located at 1415 Eubank Blvd NE, Albuquerque, NM 87112, presents a compelling investment opportunity. This well-established 29,453 square foot shopping center sits on a 2.02-acre lot and features 19 units, currently leased under NNN terms. The property boasts a desirable location in Albuquerque's Northeast Heights, benefiting from high traffic volume—35,000 vehicles per day on the Wyoming Blvd going-home side. Three convenient access points on Wyoming Blvd ensure excellent visibility and accessibility for customers. Ample customer parking is available. The center is zoned MX-L, and its current tenants include several long-term occupants, many with over 20 years of operation. The asking price is $3,850,000, translating to $130 per square foot. Below-market rents offer significant potential for rental increases and enhanced cash flow, making this a strong value-add proposition. Monument signage is available, providing excellent branding opportunities for tenants. This established center offers a stable income stream with considerable upside potential in a high-demand location.
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Cricket Wireless Authorized Retailer Mobile Phone Store Electronics & Wireless Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.