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4400-4404 Menaul Blvd NE
Albuquerque, NM 87110
Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- Multi-Tenant Industrial and Retail Center
- Diverse mix of tenants with staggered rollovers
- Significant traffic counts with excellent visibility
- Long-term, predictable cash flow
- Desirable, Central Location
Résumé de l'annonce
Flanagan Investment Real Estate is pleased to offer for sale The
Hill Center, located at 4400 Menaul Blvd NE and 4417 4421 Towner
Ave NE in Albuquerque, NM. The multi-tenant industrial and retail
center is comprised of four buildings in a desirable and central
location. With convenient access to Interstate 40 and the entire
City of Albuquerque, it services a wide trade area.
The approximately +/- 39,030 sq. ft. multi-tenant buildings are
situated on about +/- 2.15 acres with high visibility at the hard
corner of Menaul Blvd and Washington St. The property features
three large pylon signs and building signage. Traffic counts exceed
32,000 cars per day at this intersection.
The Hill Center features a diverse mix of tenants with staggered
rollovers. The property features long tenured tenants with a
history of renewals. In addition, many of the tenants have below
market rents.
This investment benefits from a diverse mix of tenants, high
visibility, and its central location. In addition, The Hill Center
offers significant in-place income with many long tenured tenants
at a price well below replacement cost of only $90/SF. The
attributes listed above, combined with the cash flow and longterm
predictability make this property an opportunity on which an
investor can capitalize.
Hill Center, located at 4400 Menaul Blvd NE and 4417 4421 Towner
Ave NE in Albuquerque, NM. The multi-tenant industrial and retail
center is comprised of four buildings in a desirable and central
location. With convenient access to Interstate 40 and the entire
City of Albuquerque, it services a wide trade area.
The approximately +/- 39,030 sq. ft. multi-tenant buildings are
situated on about +/- 2.15 acres with high visibility at the hard
corner of Menaul Blvd and Washington St. The property features
three large pylon signs and building signage. Traffic counts exceed
32,000 cars per day at this intersection.
The Hill Center features a diverse mix of tenants with staggered
rollovers. The property features long tenured tenants with a
history of renewals. In addition, many of the tenants have below
market rents.
This investment benefits from a diverse mix of tenants, high
visibility, and its central location. In addition, The Hill Center
offers significant in-place income with many long tenured tenants
at a price well below replacement cost of only $90/SF. The
attributes listed above, combined with the cash flow and longterm
predictability make this property an opportunity on which an
investor can capitalize.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
39 030 pi²
Classe d’immeuble
C
Année de construction
1961
Prix
4 556 801 $ CAD
Prix par pi²
116,75 $ CAD
Taux de capitalisation
8%
Revenu net d’exploitation
364 544 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,55
Taille du lot
1,64 AC
Zonage
NR-C - Commercial- Non-Residential
Stationnement
24 places (0,61 places par 1 000 pi² loué)
Façade
152’ sur Washington St
Commodités
- Enseigne sur pylône
- Affichage
Impôts fonciers
| Numéro de lot | 1-017-059-271249-4-11-01 | Évaluation des bâtiments | 763 210 $ CAD |
| Évaluation du terrain | 203 709 $ CAD | Évaluation totale | 966 919 $ CAD |
Impôts fonciers
Numéro de lot
1-017-059-271249-4-11-01
Évaluation du terrain
203 709 $ CAD
Évaluation des bâtiments
763 210 $ CAD
Évaluation totale
966 919 $ CAD
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