Retail•Street Retail•For Sale

Lomas Shopping Center

9901-9931 Lomas Blvd NE, Albuquerque, New Mexico 87112

Sale Price $1,150,000
Sale Type Investment
Zoning MX-L
Bldg Type Multi-Tenant
Vacancy 100%
Gross Bldg 12,405 SqFt
Land Area 1.15 Acres
Market New Mexico
Sub-Market NE Heights
The Lomas Shopping Center is a 100% occupied retail investment property located in the NE Heights submarket. The building is made up of 10 local tenants on modified gross leases quoted at below-market rents. The property has great ingress/egress, high visibility on Lomas Blvd and features two prominent monument signs. Owner financing is available on this property with 20% down. The property is located on Lomas just west of Eubank. Across the street is the Los Altos park, made up of baseball fields, a swimming pool, skate park and golf course across I-40.
  • 8.38 CAP Rate
  • Owner Financing Available
  • 100% Occupied
  • High Visibility
  • Below-Market Rents
  • Across from Los Altos Skate Park and Los Altos Pool
7/2/2019 4:32:54 PM 11/12/2019 9:51:00 PM
Austin Tidwell
Assistant Vice President
Retail Solutions

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