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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

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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
162’ on Central Ave

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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Bank of Montreal
El Taco Tote
The YMCA
Anytime Fitness
Jazzercise
Crossfit
Sprouts Farmers Market
Smith's
Rent-A-Center
Bank of America

PROPERTY TAXES

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
  • Listing ID: 35281112

  • Date on Market: 2025-03-27

  • Last Updated:

  • Address: 4910 Central Ave SE, Albuquerque, NM 87108

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