Fully Equipped Restaurant in University Area
$1,180,000
2210-2222 Central Avenue Southeast, Albuquerque, NM 87106
5
Cap Rate
58,812
NOI
Details:
Description:
2216 Central Ave SE presents a versatile opportunity in the heart of Albuquerque’s Brick Light District. This property is ideal for investors, owner-occupants, or restaurant operators seeking a high traffic Urban location or investment. The entire building totals 6,173 square feet and features an established local tenant profile with built-in foot traffic and visibility along one of the city’s most iconic corridors. Buyers may choose to occupy the available space themselves, lease it up to stabilize and increase value, or acquire the property now and reposition/redevelop it over time.
The primary vacancy is a fully equipped restaurant space totaling 2,473 square feet (roughly 34% of the building). Previously used as “Brickyard Pizza” and most recently a local Mexican restaurant, the space is second-generation ready with two walk-in coolers, a full bar setup, a kitchen hood, and an existing floor plan that supports a quick launch for food and beverage operators. A private patio offers additional seating potential, while the surrounding tenants (a smoke shop and another restaurant) help generate consistent foot traffic from UNM. This is a plug-and-play opportunity for restaurateurs or a value-add play for those looking to capitalize on an irreplaceable Central Ave location.
SALE PRICE
$1,180,000
LEASE RATE
$22.00 PSF NNN
Documents:
| Title | ||
|---|---|---|
| Sale/Lease Brochure |
Location
Gallery
