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Medical Office Space with Treatment Rooms
For Lease
$16 SF/Yr

718 Lomas Boulevard NW, Albuquerque, NM 87102

CommercialLease, Albuquerque, NM

Space Size1,773 SF
Days on Market59

Property Features for 718 Lomas Boulevard NW

General Information

Property type Commercial Lease
Property subtype Other
Zoning description MX-L*
Parking 15
Directions From Lomas and Broadway, heading West on Lomas. Building is between 7th and 8th on the South side of Lomas.
Subdivision 80 - Downtown Area
Standard status Active
APN 101405807413932814

Taxes and HOA fees

Tax Annual Amount 6366

Amenities

reception/waiting area
private offices
treatment/flex rooms
restrooms
storage
built-in cabinetry
sinks
work surfaces
dedicated on-site parking

Building Details

Floors in Building 1
Flooring type Carpet
Building materials Brick, BrickVeneer
Listing Agency: Keller Williams Realty
Listed By: Anne M Vallejos · License #41997
Added: Jul 30 Changed: Aug 19 Last Checked: Sep 26 at 5:06PM
MLS# 1108856

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This approximately 1,773 SF medical office suite at 718 Lomas Boulevard NW includes a sizable reception and waiting area, several enclosed offices, treatment or flex rooms, two restrooms, and dedicated storage. Built-in cabinetry, sinks, and broad work surfaces support an efficient professional layout. The premises can be leased as a whole or divided into smaller office areas.

The building provides dedicated on-site parking, including accessible spaces. Its Albuquerque location sits between Downtown Albuquerque and historic Old Town, with access to both I-25 and I-40. The existing configuration was previously used for medical purposes and may accommodate medical, dental, wellness, professional, or service-oriented operations.

Key Highlights

  • Approximately 1,773 SF of office space
  • Can be leased in full or divided into smaller office areas
  • Reception and waiting area with multiple private offices and treatment/flex rooms

Property Analytics

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Current Use

Mark Margiotta Physician Darlo Vander Wilt Physician Denise Dorner Physician Alex Jenks, DPM Physician Sarah Mele Physician

Suggested Use

Top Pick Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Mobile Phone Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,402
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$18.81 /SF/Yr
Avg Asking Price
$14–$26.18 /SF/Yr
Price Range
10,667 SF
Avg Space Size

This space is priced 15% below the average of $18.81 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Albuquerque Veterinary Service — 410 central ave sw, albuquerque, nm 87102
  • Albuquerque Veterinary: Malin Paul B DVM — Albuquerque, NM 87102
  • Lomas Veterinary Clinic — 1100 Lomas Blvd NW Ste 2, Albuquerque, NM 87102

Frequently Asked Questions

What type of property is this?
Medical Office Space - Central office suite includes reception, private rooms, restrooms, storage, and dedicated parking.
Where is this medical office space located?
The property is located at 718 Lomas Boulevard NW Albuquerque, NM.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Approximately 1,773 SF of office space; Can be leased in full or divided into smaller office areas; Reception and waiting area with multiple private offices and treatment/flex rooms
More about this property
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