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Anasazi Downtown - Check out the $200,000 price reduction!

Commercial Real estate listings near Albuquerquea, NM, US | Quantumlisting
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Listing was updated on: 06/03/2019
Price: 1600000.00
location icon 520 Central Ave SW, Albuquerque, NM 87102, USA
Retail for Sale
10425.00 sqft
from February 05, 2019
Description

LocationThe Anasazi Building is located on Central & 6th Ave (old Route 66) in the heart of the revitalizing Downtown area.SaleSiembra 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.

Additional parameters
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The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.