Commercial Real Estate New Mexico

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$115,000+ Average Household Income within 1-Mile Radius

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RARE SINGLE TENANT TRADER JOE'S

TROPHY ACQUISITION WITH BEST IN CLASS TENANCY & AWARD-WINNING ARCHITECTURE

Offered at $5,216,000 | 5.25% Cap Rate


INVESTMENT HIGHLIGHTS

  • Located within the affluent Northeast Heights neighborhood with $115,000+ average household incomes
  • #1 highest grossing sales/SF grocer in the U.S., implying a low unit level 1.0% occupancy cost
  • 12 year occupancy history with recently exercised renewal option
  • Coveted Paseo Del Norte Blvd signalized corner parcel
 

DEAL TEAM

KEVIN SHELBURN

Senior Vice President

kshelburn@pegasusinvestments.com

O 310.691.1350 x 105

LIC # 01861409 (CA)

DAVID CHASIN

Managing Director

david@pegasusinvestments.com

O 310.691.1350 x 101

LIC # 01513027 (CA)

ALFREDO BARRENECHEA

Broker of Record

LIC # 19300 (NM)

PEGASUS INVESTMENTS REAL ESTATE ADVISORY, INC. | LIC # 01961545 (CA)

Copyright © 2018, All rights reserved.

1901 Avenue of the Stars, Suite 630 | Los Angeles, CA 90067 | 310.691.1350

 
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