4200 4Th StAlbuquerque, NM 87107

For Sale
$2,050,000

High-Cap Rate Retail/Industrial

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Albuquerque investment opportunity presents a rare 12,209 square foot retail/industrial property, currently operating as an auto shop. Boasting a strong 7.96% capitalization rate and a substantial net operating income (NOI) of $163,256, this property is priced at $2,050,000 ($167.91/sq ft). Situated on a 0.81-acre lot zoned MX-M, the property benefits from excellent visibility and high traffic counts, with approximately 17,200 cars passing daily. Its prime location offers easy access to major interstates I-40 and I-25, within less than five minutes. The property features ample parking (20+ spaces) and is enhanced by long-term leases with financially sound tenants. Significant recent improvements include complete HVAC and roof replacements in 2023, ensuring long-term operational efficiency. Full street access is provided from both 4th St. NW and San Lorenzo. This turnkey investment presents a compelling opportunity for significant returns.

Highlights

  • 12,209 SF retail/industrial property currently operating as an auto shop.
  • 7.96% capitalization rate and $163,256 NOI; priced at $2,050,000 ($167.91/SF).
  • 0.81-acre lot zoned MX-M with high visibility and traffic (approx. 17,200 cars daily).
  • Excellent access to I-40 and I-25 (under 5 minutes); 20+ parking spaces.
  • Long-term leases with strong tenants; 2023 HVAC and roof replacements.
  • Full street access from 4th St. NW and San Lorenzo.

Property Details for 4200 4Th St

Property type
Other retail properties, Automotive properties
Square Feet
12,209 SF
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.126024169009
Longitude
-106.64335389382
4200 4Th St, Albuquerque, New Mexico
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4200 4Th St
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