Active For Sale InvestmentRetail

4910 Central Ave SE

4910 Central Ave SE, Albuquerque, NM, 87108

ID 522b2d03

Overview

Presenting a prime investment opportunity in Albuquerque, this 8,325 SF free standing building, renovated in 2015, offers a compelling blend of history and modern updates. Zoned MX-M and strategically located, this property provides an ideal canvas for creating a standout retail space in a vibrant and evolving market. With its exceptional characteristics and strategic location, it represents a rare chance to invest in a landmark asset in the Albuquerque area.Dark Store. NNN leased to Advance Auto Parts. 6+ years remaining on the initial lease term. Landlord only responsible for maintaining roof and structure. Roof under warranty. Additional "Add Value" play by developing or subdividing approx. .30-acre excess land.

Additional Information

City
Albuquerque
State
NM
Zip Code
87108
Primary Uses
Investment, Retail
Secondary Uses
Free Standing
Zoning
MX-M
Zoning Description
Moderate Intensity
Building Class
B
Tenant
Advance Auto Parts
NOI
$135,960
Average Occupancy Rate
100%