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Shopping Strip

Heritage Marketplace

1800 Unser Blvd NW, Albuquerque, NM 87120

Listing Price: $4,830,000

Cap Rate
5.75%
Gross SF
10,049
Rentable SF
10,049
Price/Gross SF
$480.64
Lot Size
1.81 acres
Year Built
2017

Investment Overview

Great Clips is a 100 percent franchised company with more than 4,500 salons across North America - each one offering a great haircut at a great location at a great price. Headquartered in Mesa, Arizona, NextCare Holdings is one of the nation’s largest privately owned providers of urgent care and occupational medicine services. NextCare Holdings operates 155+ clinics nationwide, and represents ten brands across 10 states. Verizon is the largest wireless telecommunications provider in the United States. The company offers the largest 4G LTE network in America and the nation’s largest high-speed 3G network. CU Anytime, LLC is a Credit Union Service Organization (CUSO) formed to provide an ATM network for the convenience of participating Credit Unions and their members. CU Anytime now has 24 participating Credit Unions and over 220 ATMs throughout New Mexico, El Paso, Texas, and Livermore, California. As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment. Albuquerque is located in the center of the New Mexico Technology Corridor, a cluster of high-tech institutions in the area which includes Intel’s Fab 11X and a Facebook Data Center, in addition to being the founding location of MITS and Microsoft.

Investment Highlights

  • 100 Percent Fully Leased to Diverse Neighborhood Center Tenant Profile
  • All Triple-Net (NNN) Leases - Majority of Tenants Have Annual Rent Increases
  • Adjacent to One of the Top Performing Walmart Neighborhood Market Locations in Albuquerque
  • Situated in Newly-Developed Retail Center - Burger King, Walmart Neighborhood Market, Taco Bell, Circle K, and Starbucks
  • Located Immediately Off the I-40 (57,000+ Cars per Day), a Major East-West Connector
  • 187,974 Residents within a Five-Mile Radius - Dense Albuquerque Infill
  • Situated at the High-Traffic Intersection of Unser Blvd NW and Ladera Drive NW (39,000+ Combined Cars per Day)
  • Average Household Income Exceeds $81,000 within a One-Mile Radius

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s) NM: 20675

    New Mexico

Financing By

Shopping Strip

Heritage Marketplace

Listing Price: $4,830,000

Cap Rate
5.75%
Gross SF
10,049
Rentable SF
10,049
Price/Gross SF
$480.64
Lot Size
1.81 acres
Year Built
2017

Investment Highlights

  • 100 Percent Fully Leased to Diverse Neighborhood Center Tenant Profile
  • All Triple-Net (NNN) Leases - Majority of Tenants Have Annual Rent Increases
  • Adjacent to One of the Top Performing Walmart Neighborhood Market Locations in Albuquerque
  • Situated in Newly-Developed Retail Center - Burger King, Walmart Neighborhood Market, Taco Bell, Circle K, and Starbucks
  • Located Immediately Off the I-40 (57,000+ Cars per Day), a Major East-West Connector
  • 187,974 Residents within a Five-Mile Radius - Dense Albuquerque Infill
  • Situated at the High-Traffic Intersection of Unser Blvd NW and Ladera Drive NW (39,000+ Combined Cars per Day)
  • Average Household Income Exceeds $81,000 within a One-Mile Radius

Investment Overview

Great Clips is a 100 percent franchised company with more than 4,500 salons across North America - each one offering a great haircut at a great location at a great price. Headquartered in Mesa, Arizona, NextCare Holdings is one of the nation’s largest privately owned providers of urgent care and occupational medicine services. NextCare Holdings operates 155+ clinics nationwide, and represents ten brands across 10 states. Verizon is the largest wireless telecommunications provider in the United States. The company offers the largest 4G LTE network in America and the nation’s largest high-speed 3G network. CU Anytime, LLC is a Credit Union Service Organization (CUSO) formed to provide an ATM network for the convenience of participating Credit Unions and their members. CU Anytime now has 24 participating Credit Unions and over 220 ATMs throughout New Mexico, El Paso, Texas, and Livermore, California. As the largest and most populous city in New Mexico and home to approximately one-fourth of the state’s population, Albuquerque is a hub for the arts with an economy built on science, medicine, technology, commerce, education, culture outlets and entertainment. Albuquerque is located in the center of the New Mexico Technology Corridor, a cluster of high-tech institutions in the area which includes Intel’s Fab 11X and a Facebook Data Center, in addition to being the founding location of MITS and Microsoft.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (505) 445-6333

    License(s): NM: 20675

    New Mexico

Financing By

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