1520 Lomas BLVD NW, Albuquerque, NM 87104
1520 Lomas BLVD NW, Albuquerque, NM 87104
1520 Lomas BLVD NW, Albuquerque, NM 87104
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Listed by Keller Williams Realty
$800,000
Est. payment /mo
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0.25 Acres Lot
Active

1520 Lomas BLVD NW Albuquerque, NM 87104

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Brad Leigh Patton

Brad Leigh Patton

+1(505) 917-5133

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1098123

HOA Y/N No

Annual Tax Amount $5,414

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions Public Records

Property Sub-Type Retail

Property Description

Stabilized NNN Investment | 8.25% Cap RateExceptional opportunity to acquire a stabilized commercial asset with a strong 8.25% cap rate supported by a 5-year NNN lease in place. Prime location directly off Lomas and Central with high vehicle counts, excellent visibility, and prominent signage along a major retail corridor.The property features a strong lease history and is zoned and configured for a variety of retail uses, offering long-term flexibility and future leasing upside. Ideal for investors seeking dependable cash flow in a high-traffic, highly visible retail location.

Location

State NM

County Bernalillo

Area 80 - Downtown Area

Interior

Heating Natural Gas

Cooling Evaporative Cooling

Fireplace No

Exterior

Parking Features Guest, Off Site, On Site

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

Accessibility Wheelchair Access

Total Parking Spaces 20

Building

Story 1

Others

Tax ID 101305831419143009

Security Features Security System

Acceptable Financing Cash, Conventional, Lease, Lease Option, Owner May Carry

Listing Terms Cash, Conventional, Lease, Lease Option, Owner May Carry

Southwest MLS (SWMLS IDX Plus)

Nearby Locations

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Brad Leigh Patton

Brad Leigh Patton

Broker Associate | License ID: 52414

+1(505) 917-5133

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1520 Lomas BLVD NW