Las Colinas RESTAURANT IN NOB HILL- OWNER FINANCING FOR SALE 4200 Central Ave SE Albuquerque, NM 87108 Coldwell Banker Commercial Las Colinas April Ager Real Estate Consultant 505-563-4658 Office 505-269-5771 Mobile AprilA@CBCWorldWide.com 4801 Lang Ave NE, Suite 200A, Albuquerque, NM 87109 2015 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
Las Colinas RESTAURANT IN NOB HILL- OWNER FINANCING THE PROPERTY Restaurant-Lounge-Entertainment- Event Center in Nob Hill 4200 Central Ave SE Albuquerque, NM 87108 PROPERTY DETAILS Modern restaurant with spacious enclosed patio, plenty of parking at rear entrance, kitchen has 12 hood, walk in cooler, plenty of prep space, storage, and spacious lounge area located at the opposite end of the property for entertainment PROPERTY SPECIFICATIONS PRICE Property Type: Total SF Available: Lot Size: Retail-Commercial Special Purpose +/- 3,732 SF 0.29 Acres Sale Price: $599,990.00 Possible Uses: LOCATION INFORMATION Free-Standing Building Mixed Use Restaurant Street Retail Other Own a piece of history on Historic Route 66, Central Ave frontage- +/- 23,400 CPD and growing- under served area Unique opportunity New Albuquerque Rapid Transit- project completion date- November 2017- visit http://www.brtabq.com/ for details Restaurant with spacious enclosed patio, plenty of parking located at rear entrance Live-work-play in Nob Hill CBCWorldwide.com 2
Las Colinas RESTAURANT IN NOB HILL- OWNER FINANCING PROPERTY PHOTOS CBCWorldwide.com 3
Las Colinas RESTAURANT IN NOB HILL- OWNER FINANCING PROPERTY PHOTOS CBCWorldwide.com 4
Las Colinas RESTAURANT IN NOB HILL- OWNER FINANCING AERIAL CBCWorldwide.com 5
B - L a s C o l COMMERCIAL TRADE AREA REPORT Albuquerque, NM 87108 C o l d w e l l a n k e r C o m m e r c i a l i n a s Copyright 2018 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/12/2018
Criteria Used for Analysis Income: Median Household Income Age: Median Age Population Stats: Total Population Segmentation: 1st Dominant Segment $29,102 34.9 38,817 Emerald City Albuquerque, NM 87108 Consumer Segmentation Life Mode What are the people like that live in this area? Middle Ground Lifestyles of thirtysomethings Urbanization Where do people like this usually live? Metro Cities Affordable city life, including smaller metros, satellite cities Top Tapestry Segments Emerald City NeWest Residents Set to Impress Fresh Ambitions Social Security Set % of Households 4,396 (25.5%) 2,111 (12.3%) 1,819 (10.6%) 1,762 (10.2%) 1,534 (8.9%) % of Albuquerque 14,662 (6.4%) 3,104 (1.4%) 10,076 (4.4%) 2,501 (1.1%) 3,830 (1.7%) Lifestyle Group Middle Ground Next Wave Midtown Singles Next Wave Senior Styles Urbanization Group Metro Cities Principal Urban Centers Residence Type Multi-Units; Single Family Multi-Unit Rentals Metro Cities Multi-Unit Rentals; Single Family Principal Urban Centers Multi-Unit Rentals; Single Family Metro Cities Household Type Singles Married Couples Singles Single Parents Singles Average Household Size 2.05 3.32 2.1 3.13 1.72 Median Age 36.6 27 33.1 28 44.2 Diversity Index 48.1 86.9 64.9 90.1 74.2 Median Household Income $52,000 $28,000 $29,000 $26,000 $16,000 Median Net Worth $37,000 $11,000 $12,000 $11,000 $10,000 Homeownership 49.6 % 17.3 % 28.8 % 27.8 % 14.4 % Average Monthly Rent $1,030 $870 $750 $840 $620 Employment Professional or Management Services or Construction Education College Degree No High School Diploma Preferred Activities Financial Media Vehicle Travel frequently. Buy, eat organic foods. Contribute to NPR, PBS Read books, magazines on tablets Take public transportation Drink sports or energy drinks. Buy baby/children's products. Pay with cash Watch Spanishlanguage channels on TV Like used, fun-to-drive 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 Services No High School Diploma Own cell phones. Buy baby/children's products. Wire money back home Subscribe to cable TV; watch Spanish TV, BET Own vehicle; take public transportstion Multi-Unit Rentals Retired, Services or Professional High School Graduate Prefer to cook, eat at home. Play bingo. Pay bills in person Subscribe to basic cable TV Take public transportation Copyright 2018 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/12/2018
Albuquerque, NM 87108 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 beige 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 Copyright 2018 Realtors Property Resource LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/12/2018