4200 4th Street NW Albuquerque, NM 87107
Priced at $800,000 this fully leased retail/warehouse site is located on a highly visible corner lot.
Property includes a 1,000 sf warehouse with three dock doors, 9,825 sf of retail divided into 4 fully-leased spaces and ample parking for warehouse and retail (40 spaces). Two of the retail pads also have storage/office space located in second floor above store.
Property also includes a 500 sf 1 bed/1 bath house which is also rented. Great investment property for ongoing cash flow. Call Ronn at 505-239-9681 for more information.
Owner willing to do a REC with 5% down (negotiable). Approximate cash flow on current rental rates including monthly payment is $2,500 per month for a cap rate of 9%. Rental rates are currently low for area. Tenants unaware of sale – please do not disturb.
