2400 Rio Grande Boulevard Nw, Albuquerque, 87104

Beds
Baths
16,863Sqft
1.35Acres
Built
159DOM

$2,400,000

REDUCED 16%

John Lucero
(505) 507-9671
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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.

Essential Information

MLS® #: 958463
Price: $2,400,000
Bathrooms: 0.00
Square Footage: 16,863
Acres: 1.35
Type: Commercial Sale
Sub-Type: Retail
Status: Active

Community Information

Address: 2400 Rio Grande Boulevard Nw
Area: 101 - Near North Valley
City: Albuquerque
County: Bernalillo
State: NM
Zip Code: 87104

Amenities

Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Parking: On Site

Interior

Heating: Natural Gas
Cooling: Central Air, Evaporative Cooling

Exterior

Construction: Frame, Stucco

Additional Information

Date Listed: November 29th, 2019
Days on Market: 159

Listing Details

Listing Agent: John Lucero
Listing Office: Maddox & Co/REALTORS

Financials

$/SqFt: $142

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Listing information last updated on June 4th, 2020 at 8:00am MDT.