Two Tenant Net Lease Investment Trades for $433 PSF
Description
Two Tenant Net Lease Investment Trades for $433 PSF
Retail Sold - Albuquerque New Mexico
The ICRE Investment Team is pleased to have represented the Buyer in the sale of this Two-Tenant Net Leased Investment in Albuquerque, New Mexico. The building which is 100% occupied by two National Credit Tenant’s T-Mobile and Red Wing Shoes, is comprised of approximately 4,800 SF and is located directly across the street from top performing Walmart supercenter.
Offering Summary
- 2700 Carlisle NE, Albuquerque, NM 87110
- Sale Price $2,083,000 ($433 PSF)
- Sale Date: 05/26/2023
- Retail Pad building
- Type: Investment
- Cap Rate 8.32
Property Features
- Retail
