Sage Marketplace
21,132 SF | 100% Leased | Retail Building | Albuquerque, NM 87121 | $5,630,000 ($266/SF) | 7.50% Cap Rate
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,630,000
- Property Type
-
Retail
- Square Feet
- 21,132 SF
- Price / Square Foot
- $266
Listing Contacts
Ryan Sarbinoff
Verified Profile
- Property Info
Property Overview
The property is fully leased to a diverse neighborhood center tenant profile with notable tenants including H&R Block, Domino's, Family Dollar, and Anytime Fitness.
As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment.
As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment.
Property Details
- Class
- B
- Year Built
- 2006
- Stories
- 1
- Property Subtype
- Freestanding
- Lot Size (sq. ft)
- 157,687 SF
Highlights
- 100 Percent Fully Leased to Diverse Neighborhood Center Tenant Profile
- Notable Tenants Include H&R Block, Domino’s, Family Dollar, & Anytime Fitness
- Recent 10 Year Lease Extension by Anytime Fitness
- Shared Ingress / Egress with and Anchored by One of the Best Performing Walmart Neighborhood Markets in Albuquerque
- High Visibility Along Sage Rd SW and 98th Street SW with 36,100 Cars per Day at Signalized Corner
- Future Pad for Walmart Gas on Pad Directly in Front of Shops
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