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4910 Cutler Ave NE
Albuquerque, NM 87110
Asking Price
$2.20M
Cap Rate
6.25%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Retail | 6.25% CAP | 5,000 SqFt <ul><li>Exceptional opportunity to acquire a highly visible 2-tenant retail pad within a thriving trade area in Albuquerque, New Mexico</li><li>100% leased to strong, nationally and regionally recognized tenants – Visionworks and H&R Block</li><li>H&R Block: A global leader with over 12,000 locations worldwide, generating $3.79 billion in revenue for fiscal year 2025</li><li>Visionworks: Operates more than 700 locations and is a subsidiary of VSP Global, the largest nonprofit vision benefits
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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796
