2404-2440 SAN MATEO Place NE, Albuquerque, NM 87110 (MLS# 1020763)

2404-2440 SAN MATEO Place NE
Albuquerque, NM 87110
MLS# 1020763
27055 sqft

2404-2440 SAN MATEO Place NE, Albuquerque, NM 87110
  1 / 1  
2404-2440 SAN MATEO Place NE, Albuquerque, NM 87110

Property Description
8% Cap Rate! Strip Center in excellent location at I-40 and San Mateo Place. Fully rented with newer TPO roof. Good parking. Modified gross leases. Individual metering. Tenants pay gas and electric.

Contract Information
Listing Price: 2140000
Current Price: $2,140,000
List Price/SqFt: 79.1
On Market Date: 2022-08-11
Status: Active
Street #: 2404-2440
Street Name: SAN MATEO
St Suffix: Place
Post Direction: NE
County: Bernalillo
City/Town Code: Albuquerque
State/Province: NM
Zip Code: 87110
Zip +4: 4057
Directions: From I-40 and San Mateo go north 1 block to Prospect. Turn right (east) on Prospect to San Mateo Place. Property at corner of San Mateo Place and Prospect.
Geo Lat: 35.106541
Geo Lon: -106.586036
Area: 41 - Uptown
Zone Atlas: H18
General Property Description
Property Sub-Type: Retail Building(s)
Apx Structured SqFt: 27055
Acres: 1.45
Lot SqFt: 63162
Apx Lot Dim Front: 493
Apx Lot Dim Side: 130.5
Lot Size Source: On-Line
Flood Zone: X
Total # Stories: 1
# Parking Spaces: 99
Docks: No
Door Height: 8
Disability Access: Unknown
% Occupied: 100
Transaction Type: Sale
Tax & Legal Info
UPC Code: 101805901116831312
Short Legal Desc: LOT 20A BLK 109 BEL-AIR SUBD CONT 1.477 AC M/L
GRT Code: 02-100
Current Taxes: 7913.96
Tax Exemption: No
Income & Expenses
Annual Oper Expenses: 40124
Annual Gross Income: 171232
Lease Term/Months: varies
Land Ownership: Land Owned
Sales Info
Trade/Xch Considered: No
Property Features
Location: Shopping Center; Shopping Center
Construction: Block
Exterior Material: Stucco
Utilities: Electricity Connected; Natural Gas Connected; Phone Available; Sewer Connected; Water Connected
Heating: 2+ Units; Natural Gas
Cooling: 2+ Units; Evaporative Cooling; Refrigerated
Tenant Pays: Electric; Gas
Features: 220 Power; Security Lighting
Lease Information: Call List Office
Docs/Data Available: Existing Leases; Survey
Finance Considered: Cash; Conventional
Zoning: MX-M*

Listing Office: Goff Real Estate Inc.

Last Updated: August - 25 - 2022

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.