2400 Rio Grande Boulevard NW
Albuquerque, NM 87104

$2,950,000

Description

Iconic North Valley Neighborhood Center -1 mile north of I-40 at Matthew Rd NW.Anchored by La Montanita Coop fro 19 years. Shadow Anchored by Master Cleaners, 29 years & Subway 15 years. 100% occupied and a consistent income producer for 30 years.Lease structure has embedded value. Strong North Valley sub-market traffic & demographics adjacent to Thomas Village and Matthew Meadows.Signalized intersection, ingress & egress on both Rio Grande & Matthew and tenant diversity all contribute to consistent, strong center traffic.

Details

MLS#931213
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site214

Features

SQ Feet16,863
Story(s)1
ZoningMX-L*

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Area Information

StateNM
CountyBernalillo
CityAlbuquerque
Zip Code87104
Area101 - Near North Valley
Listing VS Median (in 87104)
Price:
$2,950,000
low | high
Med:
$299,000
100% of Average
SqFt:
16,863
low | high
Med:
2,625
100% of Average
$ / SqFt:
$175
low | high
Med:
$114
84.888949152542% of Average
On Site:
214
low | high
Med:
214
100% of Average
Listing Updated: 05/25/2019
MLS Number: 931213
Listing Provided By:
Jim Maddox  of  Maddox Co REALTORS
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