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


$2,140,000
2404-2440 SAN MATEO Place NE
Albuquerque, NM 87110
MLS# 1020763
27055 sqft


2404-2440 SAN MATEO Place NE, Albuquerque, NM 87110
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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.

Details
Maps
Contract Information
Listing Price: 2140000
Current Price: $2,140,000
List Price/SqFt: 79.1
On Market Date: 2022-08-11
Status: Active
Location
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
HVAC: Yes
% 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
Miscellaneous
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


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