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Calibers Anchored Strip Center 4360 Cutler Ave NE 12,706 SF 100% Leased Retail Building Albuquerque, NM 87110 $4,823,490 CAD ($379.62 CAD/SF) 8.49% Cap Rate
Executive Summary
Colliers is proud to exclusively represent for sale Calibers Strip Center, a four tenant retail strip center located in the heart of Albuquerque’s
desirable Northeast Heights submarket. The property is well-positioned along I-40 in a high-traffic, high-density corridor.
Shadow anchored by national tenants such at Walmart Neighborhood Market, Crunch Fitness, Dollar Tree, and Old Navy. Calibers Strip Center
has historically enjoyed strong occupancy with several original tenants still operating in the property. The center has been meticulously
maintained and professionally managed with no deferred maintenance or additional capial expenditures required.
• Prime retail location in the NE Heights
• Well-established center in busy trade area
• Visible from I-40 with over 198,100 VPD
• Class A construction and common area finishes
desirable Northeast Heights submarket. The property is well-positioned along I-40 in a high-traffic, high-density corridor.
Shadow anchored by national tenants such at Walmart Neighborhood Market, Crunch Fitness, Dollar Tree, and Old Navy. Calibers Strip Center
has historically enjoyed strong occupancy with several original tenants still operating in the property. The center has been meticulously
maintained and professionally managed with no deferred maintenance or additional capial expenditures required.
• Prime retail location in the NE Heights
• Well-established center in busy trade area
• Visible from I-40 with over 198,100 VPD
• Class A construction and common area finishes
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,706 SF
Building Class
B
Year Built
2014
Price
$4,823,490 CAD
Price Per SF
$379.62 CAD
Cap Rate
8.49%
NOI
$409,389 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.82 AC
Zoning
NR-C - Commercial zoning allowing for retail, office and light industrial uses.
Parking
25 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
167’ on Cutler Ave
Amenities
- Courtyard
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Calibers
- Arts, Entertainment, and Recreation
- -
- -
- -
- Los Pinos Fly Shop
- Retailer
- -
- -
- -
- The Daily Grind
- -
- -
- -
- -
- The Wellness Lab
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Calibers | Arts, Entertainment, and Recreation | - | - | - | ||
| Los Pinos Fly Shop | Retailer | - | - | - | ||
| The Daily Grind | - | - | - | - | ||
| The Wellness Lab | - | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-017-059-214103-3-09-03 | Improvements Assessment | $257,158 CAD |
| Land Assessment | $97,835 CAD | Total Assessment | $354,993 CAD |
Property Taxes
Parcel Number
1-017-059-214103-3-09-03
Land Assessment
$97,835 CAD
Improvements Assessment
$257,158 CAD
Total Assessment
$354,993 CAD
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Calibers Anchored Strip Center | 4360 Cutler Ave NE
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