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Listed by Berkshire Hathaway NM Prop
$ 7,250,000
Est. payment | /mo
1.24 Acres Lot
$ 7,250,000
Est. payment | /mo
1.24 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1103197
HOA Y/N No
Annual Tax Amount $32,128
Lot Size 1.240 Acres
Acres 1.24
Lot Dimensions Public Records
Property Sub-Type Retail
Property Description
Rarely does a commercial real estate opportunity of this caliber come to market in New Mexico. This exclusive two-parcel portfolio controls the entirety of the #2 busiest hard corner intersection in the State of New Mexico -- Montgomery Boulevard and San Mateo Boulevard NE -- commanding 75,000 to 80,000 vehicles per day. Situated against the iconic backdrop of the Sandia Mountains, the portfolio totals approximately 16,104 SF of retail building area across 1.49 acres of irreplaceable urban land, both parcels fully leased under net lease structures delivering immediate, dependable cash flow from day one. The anchor asset at 4340 San Mateo Blvd NE is a 14,454 SF big-box retail building on 1.24 acres, corporate-guaranteed by CVS Pharmacy under an Absolute NNN lease running through August 203
Location
State NM
County Bernalillo
Area 41 - Uptown
Interior
Heating Natural Gas
Cooling Refrigerated
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Total Parking Spaces 44
Building
Story 1
Others
Tax ID 101806002051221025
Acceptable Financing Cash, Conventional, Owner May Carry
Listing Terms Cash, Conventional, Owner May Carry
Nearby Locations
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Tracy Highspencer
REALTOR® | Lic# 41482