Log In/Sign Up
Your email has been sent.
Albertson's Grocery Store 8100 Ventura St NE 41,402 SF Retail Building Albuquerque, NM 87122 $10,142,183 CAD ($244.97 CAD/SF) 6.75% Cap Rate
Investment Highlights
- Long term lease -- The tenant recently extended the primary lease term through June 26, 2036, reflecting a strong commitment to the site.
- The lease includes 1% percentage rent over a natural break point, providing potential upside tied to store performance.
- Located near the signalized intersection of Paseo del Norte NE and Ventura St NE, offering excellent ingress and egress.
- The lease provides a base rent of $10.00 per square foot per year, with 10% rent increases every five (5) years, ensuring built-in income growth.
- 4.76-acre site provides flexibility for future redevelopment or expansion.
- Surrounded by dense residential neighborhoods and strong household incomes.
Executive Summary
This offering presents a rare opportunity to acquire a net-leased Albertson’s supermarket located at 8100 Ventura St E, in the highly desirable Far Northeast Heights submarket of
Albuquerque, New Mexico. The subject property is a freestanding 45,431-square-foot building situated on a 4.76-acre parcel, strategically positioned just off Paseo del Norte NE and Ventura Street NE — one of Albuquerque’s most active retail and commuter corridors. This is a rare offering which includes percentage rent in addition to the base rent.
The property benefits from exceptional visibility and accessibility, with strong demographics and limited grocery competition in the immediate trade area. The site is surrounded by established national retailers, residential neighborhoods, and high-income households, supporting consistent traffic and long-term tenant performance.
Albertson’s, one of the nation’s largest and most reputable grocery chains, operates under a net lease structure, providing ownership with stable, passive income. The location serves as a key community hub for daily-needs shopping and benefits from a loyal customer base.
Albuquerque, New Mexico. The subject property is a freestanding 45,431-square-foot building situated on a 4.76-acre parcel, strategically positioned just off Paseo del Norte NE and Ventura Street NE — one of Albuquerque’s most active retail and commuter corridors. This is a rare offering which includes percentage rent in addition to the base rent.
The property benefits from exceptional visibility and accessibility, with strong demographics and limited grocery competition in the immediate trade area. The site is surrounded by established national retailers, residential neighborhoods, and high-income households, supporting consistent traffic and long-term tenant performance.
Albertson’s, one of the nation’s largest and most reputable grocery chains, operates under a net lease structure, providing ownership with stable, passive income. The location serves as a key community hub for daily-needs shopping and benefits from a loyal customer base.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
41,402 SF
Building Class
B
Year Built
2020
Price
$10,142,183 CAD
Price Per SF
$244.97 CAD
Cap Rate
6.75%
NOI
$684,597 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
4.70 AC
Frontage
618’ on Ventura St
Amenities
- Pylon Sign
Bike Score®
Very Bikeable (75)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-020-064-273062-4-01-01 | Improvements Assessment | $278,755 CAD |
| Land Assessment | $172,335 CAD | Total Assessment | $451,090 CAD |
Property Taxes
Parcel Number
1-020-064-273062-4-01-01
Land Assessment
$172,335 CAD
Improvements Assessment
$278,755 CAD
Total Assessment
$451,090 CAD
1 of 8
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Albertson's Grocery Store | 8100 Ventura St NE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.