Retail•Street Retail•For Sale

Retail Strip with Apartments (Coal 9th St.)

922 Coal Ave. , Albuquerque, New Mexico 87102

Sale Price $550,000
Sale Type Investment
Zoning IDO: MX-L Original: K13
Bldg Type Multi-Tenant
Cap Rate 5.49%
Vacancy 90%
Gross Bldg 5,458 SqFt
Land Area .11 Acres
Net Op Inc $30,184
Market Retail
Sub-Market Apartment
This parcel has an excellent location in the heart of downtown Albuquerque. It is located off Coal and 9th Street, in the epicenter of the huge initiative to add growth to downtown Albuquerque. This is a corner lot with tremendous street exposure. The building consists of 8 units; 4 retail pads, and 4 apartments above. The tenants are consistent and have occupied 90%+ of the building for 8+ years. This parcel has an excellent location in the heart of downtown Albuquerque. It is located off Coal and 9th Street, in the epicenter of the huge initiative to add growth to downtown Albuquerque. This is a corner lot with tremendous street exposure.
  • - Excellently Located off Coal & 9th Street
  • - Retail Pads and Apartments
  • - 90%+ Occupied for 10+ Years
  • - Excellent Street Exposure

1 Attachments

Sale Brochure

12/3/2018 7:39:55 PM 12/3/2018 7:42:15 PM
Christian File
Associate Advisor
SVN | Walt Arnold Commercial Brokerage, Inc.

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