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West Central Plaza

4208 Central Ave. SW,
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124
Description

Nationally Recognized Tenants – Nearly 90% is Corporately Leased
– The Property’s GLA is 100% leased to nationally recognized tenants – Burlington, Conn’s Home Plus, Dollar Tree, Panda Express, Supercuts, T-Mobile, and Dunkin’
– Gives an investor security in cash flow

Separately Parceled | Value Arbitrage through Breakup Scenario
– The Property consists of 5 separate parcels, allowing an investor the ability to immediately sell-off individual parcels, reducing their exposure and creating potential value through a breakup

Strong Cash/Cash Return | Offered Free & Clear of Debt | Interest Only Options Available
– Over a 10% cash/cash return day 1 of ownership
– The Property is available free and clear of debt, so a Buyer has the flexibility to take advantage of low-interest rates and interest-only options

Low Price Per Square Foot – Below Replacement Cost
– Under $179/SF, which is significantly below the replacement cost
– Creates security in real estate

Underserved Retail Trade Area
– Between retail and demand (3-mile radius), the city average is 45 SF/person
– The southwest Albuquerque is 9 SF/person, which provides an investor security through a supply-constrained retail market

Strategically Located Along Central Avenue
– The Property is ideally positioned as the 1st retail shopping center as you cross over the Rio Grande River
– Central Avenue is the trade area’s most traveled street and is only one of seven Rio Grande River crossings
– Located along the Albuquerque Rapid Art Transit (ART) capturing foot traffic as well

 

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Address: 4208 Central Ave. SW
State/County:
Zip: 87105
Country: United States
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Property Id : 2416

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