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Freestanding Drive-Thru Retail Building
For Lease
$15 SF/Yr Modified Gross

10300 Central Ave SE, Albuquerque, NM 87123

Freestanding retail building with a large-format drive-thru at a signalized hard corner and high traffic volume.

Space SizeContact for details
Days on Market170

Property Features for 10300 Central Ave SE

General Information

Standard status Active
Property subtype Retail
Zoning MX-H
Lease Type Modified Gross

Additional Details

Traffic Count 60,925 vehicles/day

Amenities

Drive-Thru

Spaces For Lease

at 10300 Central Ave SE Contact us

Available Space $15/Mo

Contact us
Listing Agency: Colliers - NM
Listed By: Benjamin Perich
Source: Carnm.resimplifi
Added: Mar 27 Changed: Sep 8 Last Checked: Sep 12 at 3:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - NM

Investment Insights

Based on property information with market context.

Freestanding retail building in excellent condition offering rare large-format drive-thru availability. The property sits at a signalized hard corner with multiple access points, providing strong storefront exposure from both directions.

Located at 10300 Central Ave SE, Albuquerque, NM 87123, the site benefits from traffic counts in excess of 60,925 VPD. The offering is a sublease with Walgreens, with the current term expiring on April 1, 2031. All offers are subject to the Walgreens Real Estate Committee.

Key Highlights

  • Freestanding retail building in excellent condition
  • Large‑format drive‑thru availability along Central Ave
  • Signalized hard corner at two major arterials with superior visibility

Property Analytics

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Current Use

Walgreens Pharmacy Pharmacy Walgreens Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Safstor Storage Facility FedEx OnSite Postal Service

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Hair Salon Spa & Massage Center

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

60,925 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

210
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 57% Dining 37% Electronics 6%
Circle K Shops & Services
21,711 visits/mo 0.5 miles
Burger King Dining
13,734 visits/mo 0.4 miles
AutoZone Shops & Services
7,021 visits/mo 0.5 miles
Little Caesars Pizza Dining
5,151 visits/mo 0.4 miles
AT&T Electronics
2,954 visits/mo 0.5 miles

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Albuquerque, NM

7.8% 2019
8.4% 2020
7.9% 2021
4.8% 2022
4.2% 2023
5.7% 2024
5.5% 2025
Rey
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Similar Off Market Nearby

  • Cannabis Dispensary Albuquerque, NM 87121

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding retail building with a large-format drive-thru at a signalized hard corner and high traffic volume.
Where is this drug store located?
The property is located at 10300 Central Ave SE Albuquerque, NM.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Freestanding retail building in excellent condition; Large‑format drive‑thru availability along Central Ave; Signalized hard corner at two major arterials with superior visibility
More about this property
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