Harbor Freight
$2,600,000
4410 Central Ave SW, Albuquerque, NM 87105
For Sale
Retail
Street Retail
Active
Last Updated: 12/02/2024
6.95
Cap Rate
180,828
NOI
Details:
Cap Rate: 6.95%
NOI: $180,828
Building Size: 16,376 sqft
Lot Area: 1.97 acres
Year Built: 1970
Highlights:
- Strong Location | Placer Reports Rank this Location in the Top 20% of The Chain
- Location Has Nearly 1,500 Google Ratings W/ Average Rating of 4.5 Stars
- Albuquerque is the 4th Largest MSA in the Southwest | Nearly 1MM Population
- 3% Vacancy on 8MM SF Within 3.5 Miles | Strong Retail Demand
- Below Market Rent of $11/sf | Average Rent in a 3.5 Mile Radius is $18.13/sf
- Urban Infill Location W/ 5-Mile Population of +232,128
- Less Than 2.5 Miles Outside of Downtown Albuquerque
- Property is Positioned of Central Ave NW | +53,591 VPD
- Strong Foot Traffic Indicated By Bank of America ATM on Site
- Strong Retail Corridor W/ Neighboring National Tenants Including: Burlington, Starbucks, Ross Dress For Less, Conn's Home Plus, Panda Express, Five Below and Many More
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