MLS#1098123
STATUSActive
PROPERTY TYPECommercial - Retail
Property Description
Stabilized NNN Investment | 8.25% Cap RateExceptional opportunity to acquire a stabilized commercial asset with a strong 8.25% cap rate supported by a 5-year NNN lease in place. Prime location directly off Lomas and Central with high vehicle counts, excellent visibility, and prominent signage along a major retail corridor.The property features a strong lease history and is zoned and configured for a variety of retail uses, offering long-term flexibility and future leasing upside. Ideal for investors seeking dependable cash flow in a high-traffic, highly visible retail location.
Property Features
Property Type: Commercial - Retail
Cooling: Evaporative Cooling
Heating: Natural Gas
Lot Size: 0.25 Acres
Stories: 1.0
Feature Descriptions
Accessibility: Wheelchair Access
Days on Site: 22
Exterior: Block, Frame, Stucco
Parcel#: 101305831419143009
Parking: Guest, Off Site, On Site
Parking Notes: Guest, Off Site, On Site
Security: Security System
Security: yes
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty
Agency Phone: (505) 271-8200
Shown By
Agency Title: Coldwell Banker Legacy
Agency Phone: (505) 857-2350
Top REALTORS® in this Area
Casey Landis
From our very first call, Casey Landis impressed us with his in- depth market knowledge and sincere interest in our family's unique needs and timeline. At our first meeting, he presented a thorough market analysis and a well-crafted strategy that clearly stood out from other agents. Relocating across the country complicated our situation, but Casey went above and beyond by managing details, connecting us with trusted resources, and ensuring our home stayed show-ready and secure. His steady communication, expert guidance, and dedication helped ease our stress and resulted in a successful sale that met all our goals. We wholeheartedly recommend Casey to anyone seeking a knowledgeable,
trustworthy, and committed realtor.
— Gregory Howell
— Gregory Howell
1520 Lomas Boulevard Nw | MLS# 1098123
This commercial property located at 1520 Lomas Boulevard Nw, Albuquerque, NM 87104 is currently listed for sale with an asking price of $800,000. Search Albuquerque real estate on www.cblegacy.com today.