1530-1540 Tramway Blvd, Albuquerque, NM 87112
14,001 SF | 100% Leased | Retail Building | Albuquerque, NM 87112 | $2,065,755 ($148/SF) | 7.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $2,065,755
- Property Type
-
Retail
- Square Feet
- 14,001 SF
- Price / Square Foot
- $148
Listing Contacts
Austin Tidwell
Verified Profile
Daniel Kearney
Verified Profile
Rob Powell
Verified Profile
RESOLUT RE
Verified Profile
- Property Info
Property Overview
Skyview Center is a CVS anchored neighborhood retail center located at the intersection of Tramway and Indian School. Skyview has been an integral part of the Monte Largo Hills neighborhood since 1987 and continues to bring fitness, pharmacy, dog grooming, event space and more to the same community today. With a brand new 10 year lease for Snap Fitness, a new 5 year lease for Balanced Physical Therapy and a 5 year renewal for Waggin’ Tails Dog Grooming, this property is ready for a new owner to benefit from the consistent cashflow for years to come. Skyview is set within a beautiful green campus and has a backdrop of the Sandia Mountains. The Skyview Center is a condominium and does not include The View Event Center as part of the sale.
Property Details
- Class
- B
- Year Built
- 1987
- Stories
- 1
- Property Subtype
- Storefront Retail/Office
- Lot Size (sq. ft)
- 101,059 SF
Highlights
- 100% leased neighborhood retail strip center with brand new long term leases
- Recession proof tenants with Snap Fitness, Balanced Physical Therapy, and Waggin' Tails Dog Grooming
- Replaceable rents and priced below replacement cost
- Great demographics in the immediate area - 17,000+ population & $73,000 average income
- Anchored by CVS and Walgreens and backs up to the beautiful Sandia Mountains
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