COMMERCIAL INVESTMENT OPPORTUNITY: PRIME LOCATION ON CERRILLOS ROADThis offering includes a first time on the market fully leased shopping center, situated on a 1.295-acre plot…
MLS: 202400164
List Date: 01-18-2024
Status: Active
Area: Southwest City, North
Type: Retail
Acres: 1.3
COMMERCIAL INVESTMENT OPPORTUNITY: PRIME LOCATION ON CERRILLOS ROADThis offering includes a first time on the market fully leased shopping center, situated on a 1.295-acre plot zoned for C-2 commercial use. Nestled in a high-traffic area and surrounded by several other prime restaurants, hotels and retailers, this property boasts an impressive daily traffic count of approximately 45,000 vehicles, ensuring maximum visibility for all businesses within the center. It features 7,900+ square feet and 8 retail units, each offering unique and flexible spaces. The businesses appreciate the high visibility, ease of access, excellent signage, and with 1.29 acres, there is plenty of parking for all of the tenant’s customers and patrons. The C-2 zoning permits a variety of commercial uses, making it an ideal location for retail stores, eateries, service providers, and more. There is currently a consistent and diverse tenant mix, adding to the center’s appeal, predictable cash flow, and investment potential.
Construction Materials:Block, Frame
Days on Market:338
Flooring:Carpet, Tile, Vinyl
Parking Features:Parking Lot
Parking Spaces:50
Property Type:Commercial Building
Property Sub Type:Retail
Roof:Built-Up, Tar/Gravel
Sewage:Public Sewer
Utilities:High Speed Internet Available, Electricity Available
Water Source:Public
Zoning:C-2
Nathan Ortiz
NM Roots Real Estate
