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583-585 Osuna Rd 14,160 SF 72% Leased Retail Building Albuquerque, NM 87113 $3,892,000 CAD ($274.86 CAD/SF) 7.50% Cap Rate



Investment Highlights
- Vacancy: ±4,000 SF (28%)
- Great Visibility to ±20,200 cars per day
- Estimated NNN: $3.50/SF
- A unique opportunity for an experienced retail investor or owner/user to buy a property under replacement costs
- Great owner/user opportunity
Executive Summary
- Vacancy: ±4,000 SF (28%)
- Estimated NNN: $3.50/SF
- Tenants include Amadeo’s Pizza, Subway, Volcanic Training and Home Instead Home Care
- Tenants have been in the center since 2011
- Great owner/user opportunity
- Located directly across from Sandia Prep
- Less than 1/2 mile from Vista del Norte neighborhood
- Great visibility to ±20,200 cars per day
- 5:1,000 parking ratio
- A unique opportunity for an experienced retail investor or owner/user to buy a property under replacement costs
- Please do not disturb tenants
- Estimated NNN: $3.50/SF
- Tenants include Amadeo’s Pizza, Subway, Volcanic Training and Home Instead Home Care
- Tenants have been in the center since 2011
- Great owner/user opportunity
- Located directly across from Sandia Prep
- Less than 1/2 mile from Vista del Norte neighborhood
- Great visibility to ±20,200 cars per day
- 5:1,000 parking ratio
- A unique opportunity for an experienced retail investor or owner/user to buy a property under replacement costs
- Please do not disturb tenants
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,160 SF
Building Class
B
Year Built
2009
Price
$3,892,000 CAD
Price Per SF
$274.86 CAD
Cap Rate
7.50%
NOI
$291,819 CAD
Percent Leased
72%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.23 AC
Zoning
C-1 - Neighborhood Commercial Zone
Parking
65 Spaces (6.5 Spaces per 1,000 SF Leased)
Frontage
228’ on Osuna Rd
Amenities
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
AVAILABLE Suite D: ±740 SF LEASE RATE $18.00/SF + NNN (See Advisors)
AVAILABLE Suite E: ±980 SF LEASE RATE $18.00/SF + NNN (See Advisors)
AVAILABLE Suite F: ±2,280 SF LEASE RATE $18.00/SF + NNN (See Advisors)
| Space | Size | Space Use | Position | Available |
| D | 740 SF | Retail | In-Line | Now |
| E | 980 SF | Retail | In-Line | Now |
| F | 2,280 SF | Retail | In-Line | Now |
D
| Size |
| 740 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
E
| Size |
| 980 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
F
| Size |
| 2,280 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
D
| Size | 740 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
AVAILABLE Suite D: ±740 SF LEASE RATE $18.00/SF + NNN (See Advisors)
E
| Size | 980 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
AVAILABLE Suite E: ±980 SF LEASE RATE $18.00/SF + NNN (See Advisors)
F
| Size | 2,280 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
AVAILABLE Suite F: ±2,280 SF LEASE RATE $18.00/SF + NNN (See Advisors)
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-016-062-118215-3-10-38 | Improvements Assessment | $459,725 CAD |
| Land Assessment | $133,679 CAD | Total Assessment | $593,403 CAD |
Property Taxes
Parcel Number
1-016-062-118215-3-10-38
Land Assessment
$133,679 CAD
Improvements Assessment
$459,725 CAD
Total Assessment
$593,403 CAD
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
583-585 Osuna Rd
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