1520 Lomas Boulevard NW, Albuquerque, NM 87104
- $800,000
- List Price
- $800,000
- Status
- ACTIVE
- Days on Market
- 181
- MLS#
- 1098123
- Subtype
- Commercial Sale
- Lot Size
- 10,846
- Acres
- 0.25
- MLS Area Major
- Downtown Area
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.
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Additional Information
- Taxes
- $5,414
- Zoning
- MX-L*
- Heating
- Natural Gas
- Air Conditioning
- Evaporative Cooling
- Exterior Construction
- Block, Frame, Stucco
- Parking Features
- Guest, Off Site, On Site
Mortgage Calculator
Listing courtesy of The Venegas Group from Keller Williams Realty
Some of the information contained herein has been provided by SWMLS, Inc. This information is from sources deemed reliable but not guaranteed by SWMLS, Inc. The information is for consumers’ personal, non-commerical use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.