Lomas Shopping Center - Investment Sale

Description:

PROPERTY OVERVIEW
9901-9931 Lomas Blvd NE retail investment opportunity is a hightraffic area within the Northeast Heights submarket. Positioned near the intersection of Lomas Blvd and Eubank Blvd, ensuring excellent visibility and accessibility for customers and tenants. This retail strip center includes various established tenants, which contribute to steady rental income streams. With a Local tenant base and a desirable commercial setting, the property offers consistent income and potential, ideal for retail investors. Surrounded by dense residential neighborhoods, and across the street from Los Altos Park, the location supports demand for retail services. This property has great Ingress/egress options, High visibility on Lomas, and features two prominent monument signs. Great way to get cash flow while preparing for future redevelopment opportunities.

LOCATION OVERVIEW
9901-9931 Lomas Blvd NE, Northeast Heights submarket, one of the city’s most desirable commercial areas. This region offers several advantageous features for retail and investment opportunities. The property is situated near the intersection of Lomas Blvd NE and Eubank Blvd NE, two major arterial roads that ensure high visibility and accessibility. This location experiences significant vehicular and pedestrian traffic daily, making it ideal for retail tenants. The Northeast Heights submarket is characterized by dense residential areas, providing a steady customer base for retail businesses. The surrounding neighborhoods feature a mix of middle to upper-income demographics. The area hosts a variety of complementary retail and service businesses, enhancing the attractiveness of the location for tenants. Its proximity to other shopping centers and local amenities makes it a key retail destination in Albuquerque. Easy access to public transportation and proximity to Interstate 40 make the location highly convenient for both customers and employees.

Documents: