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10120 Central Ave
10120 Central Ave SW, Albuquerque, NM 87121, USA
Available Now
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1 / 3
FOR SALERetail / Strip Centers
Cap Rate
8%
NOI
$99,532
Building Size
6,000SF
Lot Size
155659SF
Tenancy
Multi Tenant
Currently Leased
No
Listing Contacts
More property details
Broker Co-op
Yes
Property Class
B
No of Buildings
1
No of Stories
1
Location
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10120 Central Ave
About the location
Route 66 Retail Investment | 8% Cap Rate | Long-Term Tenants
Situated along the iconic Route 66 corridor at 10120 Central NW in Albuquerque, this 6,000 SF retail property presents a prime investment opportunity. The asset is anchored by two established tenants—a restaurant and a daycare—each with long operating histories and leases that include annual rent increases. Spanning 1.27 acres, the property features a drive-thru, monument signage, and excellent street visibility, enhancing accessibility and tenant appeal. Located in a steadily growing area, this investment offers strong existing income with minimal management needs, providing reliable cash flow at a solid 8% cap rate.