6015 4th St NW - New Single Tenant (T-Mobile) - NNN 10YR Term

Retail-Commercial for Sale
Catylist Listing ID: 30189066
Property Subtypes: Free-Standing Building, Retail-Pad
Building Status: Under Construction
Building Size (RSF): 2,800 SF
Gross Building Area: See Agent
Gross Land Area: 0.31 Acres
Sale Price: $2,100,000
Unit Price: $750 PSF
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Undisclosed
Cap Rate: 5.8%
Last Updated: 2/16/2018

Overview / Comments

NEW - Under Construction - Free Standing Building

PROPERTY HIGHLIGHTS
- Hard Corner Property on 4th Street and Guadalupe
- Brand New 10 Year NNN Lease - Commencing May 1, 2018
- Rent scheduled to commence in June
- New Construction
- Opening Spring 2018
- Rental Increases 10% every 5 years
- Two (2) Five (5) year options
- New Signage
- Great Visibility
- Highly Trafficked area

Current Tenants

Tenant Business Name T-Mobile
Is Renting? Yes

Additional Details

Nearest MSA: Albuquerque
County: Bernalillo
Submarket/Township: North Valley
Tax ID/APN: ABQ48440
Zoning: C-2 - Community Commercial Zone
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,800 SF
Property Condition: Excellent
Year Built: 2018
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,297 86,080 303,733
Median Age: 42.67 38.32 37.12
Households: 3,848 36,123 128,393

Contact

Photograph of Listing Agent

Jessica Springer

Pegasus Group, LLC
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