PETSMART Investment Offering
1424 Mercantile Ave Ne, Albuquerque, NM
About this Property
This PetSmart location is simply unmatched for its high profile presentation to the market. The site is strategically positioned at the intersection of the I-25 freeway, with over 165,000 cars per day, and Montgomery/Montano Blvd., the Citys primary East West boulevard. The PetSmart uniquely has freeway exposure and is located at the entrance of the Renaissance Trade Area, New Mexicos strongest regional trade area containing the states top volume Costco, Sams, Home Depot, Sportsmans Warehouse and Office Depot. Other area retailers include Century 24 Theaters densely populated by several restaurants such as PF Changs, Pappadouexs and Laundrys. Area major employers include Federal Express, Blue Cross Blue Shield, Frito Lay, Internal Revenue Service, Federal Bureau of Investigation, and the United States Forrest Service.
For Sale: $7,685,032
Cap Rate: 7.15%
Contact a Broker about this Property
John Sedberry, President - Office:(505) 855-7650
click to email John Sedberry