Anasazi Downtown - Check out the $200,000 price reduction!
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in Albuquerque, NM, USA
Listing was updated on: 06/03/2019
Property Overview
| Price/Rent PSF | $ 1,600,000.00 |
| Asset Type | Retail |
| Trade Type | Sale |
| SQ. FT. Available | 10425.00 |
| Date Available | 02/05/2019 |
| Additional URL | Link |
| Floors | 12 |
| Additional parameters | Show |
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Description
Location
The Anasazi Building is located on Central & 6th Ave (old Route 66) in the heart of the revitalizing Downtown area.
Sale
Siembra Leadership High School has leased entire bottom floor of the Anasazi Building. Currently offered at a 8.75% Cap rate, but in October of 2019, the rent increases and this becomes an over 13% Cap rate through the end of their lease in 2021. This is a very leasable area. 4 built out condos are included in the price as well.
Location