A busy shopping center with a variety of tenants in what is known as the Southwest Mesa of Albuquerque is being listed for sale for $6.4 million.
The Sage Marketplace is located at 9550 Sage Road SW, just a little over 6 miles to the southwest of downtown Albuquerque in a part of the city that makes up one its oldest sections, yet has seen a substantial amount of new suburban residential construction.
Construction on the one-story L-shaped retail center began in late 2005 and was completed the following year. The center makes up around 21,100 square feet of space and is classified as a Class B building.
The Sage Marketplace is home to such tenants as Domino’s pizza, a Family Dollar store, an H&R Block office, and Shared Fitness studio.
The property is being listed by the Phoenix-based realtors Marcus & Millichap.
By Garry Boulard
