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12700 San Rafael Ave NE
Albuquerque, NM 87122 Sandia Heights South

$4,118,000 USD

Freestanding For Sale  •  14,845 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 14,932 SF
  • Lot Size 1.27 AC
  • Building Class C
  • Year Built 1985
  • Cap Rate 6.74 %
  • Tenancy Multiple
  • Zoning C-1
0 Transit Score
29 Walk Score

Highlights

$4.11M Purchase Price | 6.75% In-Place Cap Rate
100% Leased Stabilized Neighborhood Retail
21,100+ Vehicles Per Day
Ample Surface Parking (75 Spaces)
C-1 Zoning Allows Broad Retail & Service Uses
Core-Plus Retail Investment in Northeast Heights

Property Flyers

Cap Rate: 6.74 %

Major Tenants

Tenant SF Occupied Lease End Date
Crave Hot Dogs & BBQ 1,068 SF 5/31/2036
Juniper Ridge Design, LLC 1,180 SF 5/31/2031
La Luz Veterinary Care 3,239 SF 10/31/2036
Mesh Hair Studio 2,144 SF 6/30/2032
Pottery & Company 1,266 SF 10/31/2030
RHU Photography, LLC 1,623 SF 6/30/2028
Sandia Heights Homeowners Association 1,317 SF 1/31/2030
State Farm 1,660 SF 10/31/2034
The Academy of Canine Excellence 1,505 SF 5/31/2031

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
Sandia Pueblo (Rail Runner Express - New Mexico Rail Runner Express) 14 min - 8.6 mi
15 min - 8.6 mi
AirportDriveWalkDistance
Albuquerque International Sunport 34 min - 14.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Nitti Kaur 310-740-2051 A360 Capital
Nitti Kaur 310-740-2051 A360 Capital