110 98th NW St Albuquerque, NM 87121-8796
This exceptional retail opportunity is located at the highly visible intersection of 98th Street and Central Avenue in Albuquerque, New Mexico, offering unparalleled access and visibility. The Shops @ 98th is a single-story, 21,735 square foot anchored strip center with one available in-line shop space of 1,250 square feet. The property boasts multiple access points for convenient customer entry and exit. Benefit from the strong co-tenancy with established national brands including McDonald's, Starbucks, and Dollar Tree, ensuring consistent foot traffic and brand synergy. This prime location enjoys exceptional visibility and accessibility, situated near Interstate 40, catering to a large customer base. The high-traffic intersection sees a combined daily vehicle count of 53,100 (37,400 on 98th Street and 15,700 on Central Avenue). The property serves a thriving residential area, encompassing 33,052 households within a three-mile radius in the rapidly expanding West Mesa submarket of Bernalillo County. This presents a unique chance to establish or expand your business in a high-demand location with proven success. The property is located at 110 98th St NW, Albuquerque, NM 87121.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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