Western States Retail & Investment is pleased to offer for sale a premier I-25 power center outparcel available in Albuquerque, NM. Forty thousand square foot building consisting of three tenants - Mattress Firm, Brides by Demetrios and Office Depot. Strong retail demand in the area combined with lack of inventory is driving new development and increases in market rents. Upside in re-tenant at market rents with NNN reimbursement. Power center located at the intersection of Interstate 25 and Montano Blvd, a major river crossing in Albuquerque, NM. This metro centered development sits in an extremely high density area and is ideal for retail infill and as a single location entry site. Shadow anchored by Costco, Sam' s Club, Sportsman' s Warehouse, and many more. Location Description: Montano and I-25 Highlights: ■ Three Tenant NNN Retail Investment ■ Mattress Firm, Office Depot, and Brides by Demetrios ■ Shadow Anchored by Costco, Sam's Club, and Home Depot ■ Center of Metro, Freeway Frontage, Power Center Outparcel ■ Fantastic Single Market Entry Location ■ $5,500,000 ■ NOI $442,430 ■ 8.0 CAP « show less
Western States Retail & Investment is pleased to offer for sale a premier I-25 power center outparcel available in Albuquerque, NM. Forty thousand... show more »
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