Far North Shopping Center - Albuquerque_Property for Sale
Far North Shopping Center - Albuquerque_Property for Sale
6300 San Mateo Blvd NE, Albuquerque, NM, 87109-3553, US

Far North Shopping Center - Albuquerque

Asset Description

JLL has been retained as exclusive advisor for the sale of Far North Shopping Center (the “Property”), a 95.2% leased, strategically located grocery-anchored shopping center with a gross leasable area (“GLA”) of 144,870 square feet. The Property is prominently located at the intersection of San Mateo Boulevard NE (41,580 VPD) and Academy Road NE (27,110 VPD), less than ¼ mile from Interstate 25 (166,700 VPD) in Albuquerque, New Mexico. Far North offers strong WALT due to large credit tenants like Sprouts, Petco and Dollar Tree. Investors also have the opportunity to grow NOI through below market in-line tenants with near term expiration.


Listed in Conjunction with New Mexico Broker of Record:

Jones Lang LaSalle Brokerage, Inc.

NM Lic #20420

Ashely Shagets

...

Attributes

Building area Gross
13,459 m²
Occupancy
95.00%
Year built
1976
Land area Gross
6.94 ha (69,363 m²)

Media

Investment Highlights

  • Strong Mark To Market Strategy
  • Dominant Anchor Lineup
  • Highly Desirable Tenant Mix
  • Demonstrated Long Term Tenant Commitment
  • Exceptional Location
  • Excellent Demographic Profile

Contact brokers

Far North Shopping Center - Albuquerque (0 Properties)

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Last updated
28 Apr 2023