2400 Rio Grande Boulevard NW

    Albuquerque, NM 87104
    • $2,850,000
    • STATUS: Active
    • ON SITE: 127 days
    • MLS #: 958463
    UPDATED: 68 min ago
    $2,850,000
    • 0
      BEDS
    • 1.35
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 16,863
      SQFT
    • $169
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Iconic North Valley Neighborhood Center- 1 mile North of I-40 at Matthew Road NW. Anchored by La Montanita Coop for 20 years. Shadow anchored by Master Cleaners 30 years & Subway 16 years. 100% occupied & a consistent income producer for 31 years. Lease structure has embedded value. Strong North Valley sub-market traffic & the lowest vacancy rate in Albuquerque metro. Signalized intersection, ingress & egress on both Rio Grande & Matthew & tenant diversity all contribute to consistent strong center traffic.

    Monthly Payment Calculator



    IDX information © 2020 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2020-04-05T17:04:51.67.
    www.mynmdreamhome.com/homes/101353808

    2400 Rio Grande Boulevard NW Albuquerque, NM 87104

    • Price: $2,850,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 958463
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.35
    Acres
    16,863
    SQFT
    $169
    $/SQFT
    Neighborhood:
    101 - Near North Valley
    County:
    Bernalillo
    Area:
    101 - Near North Valley
    Property Description
    Iconic North Valley Neighborhood Center- 1 mile North of I-40 at Matthew Road NW. Anchored by La Montanita Coop for 20 years. Shadow anchored by Master Cleaners 30 years & Subway 16 years. 100% occupied & a consistent income producer for 31 years. Lease structure has embedded value. Strong North Valley sub-market traffic & the lowest vacancy rate in Albuquerque metro. Signalized intersection, ingress & egress on both Rio Grande & Matthew & tenant diversity all contribute to consistent strong center traffic.
    Exterior Features

    Construction Materials FrameStucco Parking Features On Site Parking Total 60 Stories Total 1

    Interior Features

    Cooling Central AirEvaporative Cooling Cooling YN Yes Electric On Property YN Yes Heating Natural Gas Heating YN Yes

    Property Features

    Building Area Total 16863 Disclosures Ranm 2100 Disclosure Gross Income 259701 Land Lease YN No Leasable Area 100 Lease Considered YN No Listing Agreement Exclusive Right To Sell Operating Expense 112816 Property Sub Type Retail Property Sub Type Additional Retail Tax Annual Amount 17643 Tenant Pays Common Area MaintenanceExterior MaintenanceInsurance Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Description Mx-L*

    Listing courtesy of Maddox & Co/Realtors. © 2020 Southwest Multiple Listing Service, Inc.


    IDX information © 2020 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or The Buchman Group | Keller Williams Realty. Data last updated: 2020-04-05T17:04:51.67.
     
    The Buchman Group | Keller Williams Realty
    6240 Riverside Plaza Ln, Suite 100
    Albuquerque NM, 87120