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Advance Auto Parts 4910 Central Ave SE 8,325 SF Retail Building Albuquerque, NM 87108 $1,952,892 CAD ($234.58 CAD/SF) 9.72% Cap Rate



INVESTMENT HIGHLIGHTS
- Dark Store with 6+ Years Remaining on Primary Lease Term
- Lease Expires 10/31/2031
- Excess Land Included
- Located on Historic Route 66
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,325 SF
Building Class
C
Year Built/Renovated
1965/2015
Price
$1,952,892 CAD
Price Per SF
$234.58 CAD
Cap Rate
9.72%
NOI
$189,821 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.08 AC
Zoning
MX-M - The purpose of the MX-M zone district is to provide for a wide array of moderate-intensity retail, commercial, institutional and moderate-density resi
Parking
36 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Advance Auto Parts
- Retailer
- 8,292 SF
- -
- Triple Net
- Oct 2031
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Advance Auto Parts | Retailer | 8,292 SF | - | Triple Net | Oct 2031 |
Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (91)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-017-057-434171-4-27-02 | Improvements Assessment | $115,560 CAD |
| Land Assessment | $130,610 CAD | Total Assessment | $246,170 CAD |
PROPERTY TAXES
Parcel Number
1-017-057-434171-4-27-02
Land Assessment
$130,610 CAD
Improvements Assessment
$115,560 CAD
Total Assessment
$246,170 CAD
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Advance Auto Parts | 4910 Central Ave SE
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