Multi-Tenant Retail Strip Near KAFB Entrance
$850,000
121 Eubank Boulevard Northeast, Albuquerque, NM 87123
5,095 sqft
Building Size
1984/2022
Year Built
Details:
Highlights:
- Strategic location near the entrance to Kirtland Air Force base and Sandia National Labs
- Great opportunity for an owner/user, investor with upside potential or to lease this second gen retail space
- Income generated day one from current leases
- Building recently renovated in 2022
- High traffic area with 28k VPD on Eubank
- Strong retail area with Costco, Home Depot, Walmart, and Sam’s Club driving traffic
Description:
PROPERTY OVERVIEW
121 Eubank is a ±5,095 SF, 3 tenant retail strip in the SE heights submarket of Albuquerque. It is strategically located near the main entrance to the Kirtland Air Force Base and Sandia National Labs and features a great opportunity for owner/users and tenants alike to take advantage of this newly renovated opportunity. There is currently 2,089 SF available that can be leased, new owner can purchase the building and occupy the vacancy, or an investor can purchase with below market rents ($11.00-$13.00 NNN) to fill the vacancy and increase rents on current lease to improve the return.
LOCATION OVERVIEW
121 Eubank is a ±5,095 SF retail center strategically located in Albuquerque’s Southeast Heights, offering excellent visibility and convenient access along Eubank Boulevard, including left-in/left-out ingress. The property has historically maintained strong occupancy, catering to a mix of retail and service-oriented tenants.
Sale Price: $850,000
Lease Rate: $22.00 PSF
1 Space Available
End Cap Unknown Sub Type
Documents:
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| Sale/Lease Brochure |
Location
Gallery
