9901-9931 Lomas Blvd NE, Albuquerque, NM 87112

Commercial property for lease

• Description
• The Lomas Shopping Center is a 100% occupied retail investment property located in the NE Heights submarket. The building is made up of 10 local tenants on modified gross leases quoted at below-market rents. The property has great ingress/egress, high visibility on Lomas Blvd and features two prominent monument signs. Owner financing is available on this property with 20% down.The property is located on Lomas just west of Eubank in the NE Heights Submarket. Across the street is the Los Altos park, made up of baseball fields, a swimming pool, skate park and golf course across I-40. The NE Heights submarket is Albuquerque's largest retail submarket with over 4 Million Square feet of retail constructed and the lowest vacancy at 9.5%. The median asking rate in this submarket is $11.92 PSF on a NNN basis making this property well under market rental averages.Sale Price: $1,300,000Building Size: 12,405 SFLot Size: 1.152 AcresNumber Of Units: 10Price / SF: $104.80Cap Rate: 7.41%NOI: $96,363See flyer for rent roll and APOD. Building price details: $1,300,000.
• Contact info
• Austin Tidwell

  Retail Solutions
  Daniel Kearney

  Retail Solutions
  Robert Powell, CCIM

  Retail Solutions
• Note

• Details Info about this row that located on 9901-9931 Lomas Blvd NE, Albuquerque, NM 87112 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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