For Sale

The Shoppes At Alameda | Albuquerque, NM

Asking Price: $7,270,000 | Cap Rate: 6.75%

  • Net Operating Income: $490,728
  • Lease Type: Net

Property Highlights

  • Fully leased to a strong mix of national, regional and local tenants including: Starbucks with a drive thru, Jason’s Deli, Baskin-Robbins, The Joint, and more
  • Prime location in the heart of a major retail corridor, with over 3.5 million SF of retail, and less than 1 mile to Cottonwood Mall
  • Excellent location with high traffic counts over 44,000 VPD on State Highway 528
  • Strong demographics, over 72,000 people within 3 miles with average household incomes over $85,000