$2,400,000

2400 Rio Grande Boulevard NW

Albuquerque NM, 87104

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.

Details

MLS#958463
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site186

Features

SQ Feet16,863
Story(s)0

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87104
Area101 - Near North Valley
Listing VS Median (in 87104)
Price:
$2,400,000
low | high
Med:
$367,000
100% of Average
SqFt:
16,863
low | high
Med:
2,116
100% of Average
$ / SqFt:
$142
low | high
Med:
$174
27.926234165733% of Average
On Site:
186
low | high
Med:
163.5
100% of Average
Listing Updated: 05/28/2020
MLS Number: 958463
Listing Provided By:
John Lucero  of  Maddox Co REALTORS
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Greater Albuquerque Association of REALTORS®.
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