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102-106 Caldwell Ave
Belen, NM 87002
Value-Add Retail | Redevelopment Potential · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 15 minutes away from the approved Arcosa Wind Tower Development
- Ample parking
- Facade and monument signage
- Wide open floor plan
- Full access
- Onsite CU Anytime ATM generating $430.46 monthly, leased through March 31, 2033
EXECUTIVE SUMMARY
This prime location boasts an existing shopping center with excellent visibility on Reinken Ave. The property features multiple pad sites available for development, ranging from half an acre to over one acre in size. Additionally, a spacious 14,250 square foot junior anchor space is currently vacant. Previously occupied by Bealls, this space offers a wide-open floor plan with built-out dressing rooms on both ends.
For maximum exposure, the shopping center includes two monument signs: one facing Reinken Ave and another attached to the building itself. Building facade signage with multiple end cap opportunities is also available. Ample parking and convenient access are ensured by a full connection to Reinken Ave. An added benefit is the CU Anytime ATM positioned right next to the monument sign on Reinken Ave, generating additional customer traffic.
For maximum exposure, the shopping center includes two monument signs: one facing Reinken Ave and another attached to the building itself. Building facade signage with multiple end cap opportunities is also available. Ample parking and convenient access are ensured by a full connection to Reinken Ave. An added benefit is the CU Anytime ATM positioned right next to the monument sign on Reinken Ave, generating additional customer traffic.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
42,490 SF
Building Class
B
Year Built
1980
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.13
Lot Size
7.75 AC
Zoning
C-1 - Neighborhood Commercial Zone
Parking
254 Spaces (5.98 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 1-008-028-104-218-000000 | Improvements Assessment | $0 CAD |
| Land Assessment | $88,975 CAD | Total Assessment | $88,975 CAD |
PROPERTY TAXES
Parcel Number
1-008-028-104-218-000000
Land Assessment
$88,975 CAD
Improvements Assessment
$0 CAD
Total Assessment
$88,975 CAD
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