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    2308 Eubank Blvd NE Albuquerque, NM 87112

    For Lease
    $7,500 /Mo ($5 SF/Yr)

    COMMERCIAL - Albuquerque, NM

    Type:Retail
    Lot size:
    0.40 Acres
    Days on Market:
    313
    Last Refresh:
    Dec 13 at 7:06 pm

    Property Features for 2308 Eubank Blvd NE

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    102105901530920110
    Parking
    24
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Forced Air, Central

    Building Details

    Floors in Building
    2

    exp realty, llc (505) 328-4892 [email protected]

    Listing agent Coralee H Quintana (505) 639-1266 License #48091

    Listing date Feb 4, 2025

    Copyright © 2025 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Albuquerque Retail Space for Lease

    Located in Albuquerque, this property offers a retail space of approximately 3,000 square feet on the first floor. The entire building, encompassing approximately 7,659 square feet, is also available for lease. The building is currently licensed for cannabis-related activities, with suites suitable for retail, consumption, production, or cultivation. Cannabis production or cultivation may require electric sub-metering. A shared event space is available. The property benefits from high traffic volume, with 21,300 vehicles per day on Menaul Boulevard and 30,800 vehicles per day on Eubank Boulevard, totaling 52,100 vehicles per day. The lot size is 0.4 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Herban Oasis Apothecary ... Cannabis Store Gallegos & Gallegos Investment Attorney Body curves sculpting Beautician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.532651
    Latitude
    35.109696

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    FAQs

    What type of property is this?
    Retail space - Retail space available in Albuquerque, licensed for cannabis use.
    Where is this retail space located?
    The property is located at 2308 Eubank Blvd NE Albuquerque, NM.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Licensed for cannabis operations (retail, consumption, production, or grow).; - High traffic location: 52,100 vehicles per day (VPD) total on Menaul and Eubank Blvd.; - +/- 3,000 SF lounge and dispensary space available on the first floor.
    (505) 639-1266
    Request Owner's contact information
    2308 Eubank Blvd NE Albuquerque, NM 87112
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    Albuquerque, NM 87112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2308 Eubank Blvd NE Albuquerque, NM 87112
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