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4300 Coors Blvd SW 1,910 SF Retail Building Albuquerque, NM 87121 $827,050 CAD ($433.01 CAD/SF) 8.07% Cap Rate
Investment Highlights
- Dense Population: 57,000 residents within a 3-mile radius and 118,000 residents within a 5-mile radius
- Brand New Lease: El Jimador is on a brand-new 5-year absolute triple-net lease (NNN). There is also one 5-year option. Rent to Commence September 2025
- Recent Improvements: Property has had the following improvements done: New 3.5 Ton HVAC unit installed at the end of 2022, Roof Repairs (2022)
- Hight Traffic Counts: Located right on Coors Blvd SW this property benefits from 27,600 cars per day providing high exposure
- Above Market Rent Increases: 4% annual rent increases act as a hedge against inflation while also increasing your cash flow
Executive Summary
Brian Brockman
License No. 9568 (NM)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. 9568 (NM)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,910 SF
Building Class
C
Year Built/Renovated
1979/2023
Price
$827,050 CAD
Price Per SF
$433.01 CAD
Cap Rate
8.07%
NOI
$66,743 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.47 AC
Zoning
C-1 - Neighborhood Commercial Zone, per Bernalillo County.
Parking
20 Spaces (10.47 Spaces per 1,000 SF Leased)
Frontage
209’ on Coors Blvd
Amenities
- Pylon Sign
- Signage
- Drive Thru
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-010-052-367502-1-09-06 | Improvements Assessment | $91,832 CAD |
| Land Assessment | $41,137 CAD | Total Assessment | $132,969 CAD |
Property Taxes
Parcel Number
1-010-052-367502-1-09-06
Land Assessment
$41,137 CAD
Improvements Assessment
$91,832 CAD
Total Assessment
$132,969 CAD
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4300 Coors Blvd SW
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