Property Type:
Commercial Sale
Square Footage:
16,863
Lot Size (sq. ft.):
58,588
Status:
Closed
Current Price:
$1,950,000
List Date:
4/01/2021
Last Modified:
4/25/2022
Description
Iconic North Valley Neighborhood Center- 1 mile North of I-40 at Matthew Road NW. Anchored by La Montanita Coop for 20 years. Shadow anchored by Master Cleaners 30 years & Subway 16 years. 100% occupied & a consistent income producer for 31 years. Lease structure has embedded value. Strong North Valley sub-market traffic & the lowest vacancy rate in Albuquerque metro. Signalized intersection, ingress & egress on both Rio Grande & Matthew & tenant diversity all contribute to consistent strong center traffic.
Listing Office: Maddox & Co/REALTORS
Last Updated: April - 25 - 2022
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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