Retail/Industrial Center with GREAT Upside
Listing was updated at: 04/24/2019
Property Overview
Price/Rent PSF $ 1,800,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 48,227
Date Available 01/23/2019
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Parking 95
Floors 1
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Description

Location
The Rainbow Business Center is located in the southeast quadrant of the City of Albuquerque, approximately three miles from the downtown core. The area is defined as Copper Avenue to the north, San Pedro Drive to the east, Washington Street to the west, and Kathryn Avenue to the south.

Sale
The subject property is presently improved with a detached block retail/warehouse space
establishment, with a wood deck roof and metal truss system. The subject property has been
renovated and comprises a gross square footage of approximately 49,160 square feet. The rear and central portions of the building still have the wood flooring. The north section of the building is currently occupied by a furniture and antique mart and has vinyl title floor covering, concrete block walls, gas space heaters and evaporative air conditioning. Other improvements to the property include an asphalt paved parking lot to 100+ vehicles, landscaping and sidewalks around the perimeter of the building.

Location