$2,850,000

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
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site7

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:
$2,850,000
low | high
Med:
$299,990
100% of Average
SqFt:
16,863
low | high
Med:
1,489
100% of Average
$ / SqFt:
$169
low | high
Med:
$201
30.792917182142% of Average
On Site:
7
low | high
Med:
89
7.865168539326% of Average
Listing Updated: 12/04/2019
MLS Number: 958463
Listing Provided By:
John Lucero  of  Maddox Co REALTORS
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