Harbor Freight

4410 Central Ave SW Albuquerque, NM 87105

4410 Central Ave SW, Albuquerque, NM, 87105
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FOR SALE
Property Type:
Street Retail
Amount:
$2,600,000
Last Verified:
Feb 18, 2024

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Highlights

  • Strong Location | Placer Reports Rank this Location in the Top 20% of The Chain
  • Location Has Nearly 1,500 Google Ratings W/ Average Rating of 4.5 Stars
  • Albuquerque is the 4th Largest MSA in the Southwest | Nearly 1MM Population
  • 3% Vacancy on 8MM SF Within 3.5 Miles | Strong Retail Demand
  • Below Market Rent of $11/sf | Average Rent in a 3.5 Mile Radius is $18.13/sf
  • Urban Infill Location W/ 5-Mile Population of +232,128
  • Less Than 2.5 Miles Outside of Downtown Albuquerque
  • Property is Positioned of Central Ave NW | +53,591 VPD
  • Strong Foot Traffic Indicated By Bank of America ATM on Site
  • Strong Retail Corridor W/ Neighboring National Tenants Including: Burlington, Starbucks, Ross Dress For Less, Conn's Home Plus, Panda Express, Five Below and Many More

Description

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Year Built: 1970
Building Size: 16376sq ft
Lot Size: 1.97 acres

Map of 4410 Central Ave SW, Albuquerque, NM, 87105

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.