UNIQUE DEVELOPMENT OPPORTUNITY - URBAN INFILL

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1 Las Colinas FOR SALE NWC 5th Street & Rosemont Ave NW Albuquerque, NM Coldwell Banker Commercial Las Colinas April Ager Real Estate Consultant Office Mobile 4801 Lang Ave NE, Suite 200A, Albuquerque, NM Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. The information above has been obtained from sources deemed reliable. While we do not doubt the accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBCWorldwide.com

2 Las Colinas THE PROPERTY Unique Development Opportunity - Urban Infill NWC 5th Street & Rosemont Ave NW Albuquerque, NM PROPERTY DETAILS Entire City Block Available for Development! NWC of 5th Street and Rosemont Avenue NW. Centrally located to Downtown Business District, Sawmill Community, and Court House District. Underserved Area with Lots of Potential - Urban Infill Design Concept. Link to SawMill/Wells Park Sector Development Plan: PROPERTY SPECIFICATIONS PRICE Property Type: Zoning: Total Land Available: Possible Uses: Vacant Land S-R +/- 98, SF Multi-Family Office Retail Mixed Use - Urban Infill Other Sale Price: $1,800,000 LOCATION INFORMATION Unique Development Opportunity! Entire Block Ready for Design Concept! Urban Infill Needed! Underserved Community! +/- 7,200 CPD per 2015 traffic flow maps CBCWorldwide.com 2

3 Las Colinas PROPERTY SURVEY CBCWorldwide.com 3

4 Las Colinas PROPERTY PHOTOS Facing SE from 6th Street & Summer Court House District View Facing NE from 6th Street & Rosemont Mountain Views Facing NWC of 5th Street & Rosemont 5th Street - one-way North bound 6th Street - one-way South bound CBCWorldwide.com 4

5 Las Colinas ZONE ATLAS PAGE CBCWorldwide.com 5

6 Las Colinas AERIAL CBCWorldwide.com 6

7 COMMERCIAL TRADE AREA REPORT Albuquerque, NM Coldwell Banker Commercial - Las Colinas 4801 Lang NE, Suite 100 Albuquerque, NM Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 5/10/2017

8 Criteria Used for Analysis Income: Median Household Income Age: Median Age Population Stats: Total Population Segmentation: 1st Dominant Segment $27, ,960 College Towns Albuquerque, NM Consumer Segmentation Life Mode What are the people like that live in this area? Scholars and Patriots College campuses and military neighborhoods Urbanization Where do people like this usually live? Metro Cities Affordable city life, including smaller metros, satellite cities Top Tapestry Segments College Towns Emerald City Southwestern Families Set to Impress Retirement Communities % of Households 2,445 (25.4%) 1,704 (17.7%) 1,584 (16.4%) 1,579 (16.4%) 423 (4.4%) % of Albuquerque 6,254 (2.7%) 14,662 (6.4%) 3,970 (1.7%) 10,076 (4.4%) 3,563 (1.6%) Lifestyle Group Scholars and Patriots Middle Ground Ethnic Enclaves Midtown Singles Senior Styles Urbanization Group Metro Cities Metro Cities Urban Periphery Metro Cities Metro Cities Residence Type Multi-Unit Rentals; Single Family Multi-Units; Single Family Single Family Multi-Unit Rentals; Single Family Household Type Singles Singles Married Couples Singles Singles Average Household Size Median Age Diversity Index Median Household Income $28,000 $52,000 $27,000 $29,000 $35,000 Median Net Worth $11,000 $37,000 $14,000 $12,000 $36,000 Median Home Value $92,000 Homeownership 25.5 % 49.6 % 55.3 % 28.8 % 46.1 % Average Monthly Rent $890 $1,030 $750 $890 Employment Students, Services or Professional Professional or Management Services Education College Degree College Degree No High School Diploma Preferred Activities Use computers, cell phones for everything. Shop impulsively. Travel frequently. Buy, eat organic foods. Financial Pay bills online Contribute to NPR, PBS Media Customize cell phones Read books, magazines on tablets Vehicle Prefer vehicle with good gas mileage Take public transportation Shop discount, pharmacies. Gamble at casinos; buy lottery tickets. Carry credit card balance Listen to Hispanic radio Own 1-2 vehicles Services, Professional or Administration High School Graduate Go to rock concerts, nightclubs, zoos. Shop at Walgreens. Manage finances online Download latest music online Own used, imported vehicles Multi-Units; Single Family Retired, Professional, Services or Administration College Degree Shop at large department stores. Support political organizations/other groups. Monitor finances closely Watch QVC, Golf Channel, CNN, sports on TV One in five households has no vehicle Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 5/10/2017

9 Albuquerque, NM Best Retail Businesses This chart shows the types of businesses that consumers are leaving an area to find. The business types represented by blue bars are relatively scarce in the area, so consumers go elsewhere to have their needs met. The orange business types are relatively plentiful in the area, meaning there are existing competitors for the dollars that consumers spend in these categories. Data Source: Retail Marketplace via Esri, 2016 Update Frequency: Annually Indexed Values From -100 to 100 Copyright 2017 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 5/10/2017

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