Property Listing No Longer Available for Sale

3900 Menaul Blvd NE, Albuquerque, NM

Retail for Sale - $4,760,862 - 29,472 Sq. Ft. on 2.08 acres


Property Info

CIMLS#1085428
Location
  3900 Menaul Blvd NE
  Albuquerque NM 87110
UpdatedDecember 4th, 2020
TypeRetail
Price$4,760,862
Building29,472 Sq. Ft.
Land2.08 acres

Property Description

Absolute NNN, single tenant leased retail property with an Internet resistant tenant for sale to a buyer. The market is stable, proven for the use and experiencing growth. The tenant, Thrift Town, is a 48-year-old brand thrift store operation with a proven track record. This value add opportunity presents a unique acquisition with stable cash flow and the opportunity to meet the market for improved returns at lease expiration. Terms must accommodate 1031 seller's exchange.


Financials