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Single-Tenant Restaurant Retail Space
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10551 Montgomery Blvd NE, Albuquerque, NM 87112

Full-service restaurant property with an established single-tenant configuration and redevelopment potential.

Space Size13,887 SF
Days on Market6

Property Features for 10551 Montgomery Blvd NE

General Information

Standard status Active
Size 13,887 SF
Net Rentable 13,887 SF
Property subtype Retail

Space & Availability

Available Space 13,887 SF
Contiguous Space 13,887 SF

Building Details

Building Size 13,887 SF
Tenancy Single

Spaces For Lease

at 10551 Montgomery Blvd NE Contact us

Whole Building

Size
13,887 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: King Capital Commercial Real Estate
Listed By: David Fite · License #NM 39271AB
Source: Crexi
Added: Aug 7 Changed: Aug 12 Last Checked: Aug 12 at 3:30AM

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 King Capital Commercial Real Estate

Investment Insights

Based on property information with market context.

This single-tenant retail property is configured as an existing full-service restaurant with 13,887 square feet of space. The asset is positioned for restaurant occupancy or redevelopment consistent with the property’s existing commercial format.

Located at 10551 Montgomery Blvd NE in Albuquerque, New Mexico, the property offers a defined retail setting within the city. Its current restaurant configuration and substantial floor area provide a clear basis for evaluating future leasing or redevelopment plans.

Key Highlights

  • 13,887 square feet of retail space
  • Existing full‑service restaurant configuration
  • Single‑tenant property

Property Analytics

Current Use

El Patron Restaurant

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Barber Shop Building Supply Auto Parts Store Grocery & Convenience Store

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,105
Businesses Nearby
186k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Shops & Services 28% Groceries 27% Electronics 1%
Walmart Neighborhood Market Groceries
31,778 visits/mo 0.3 miles
SONIC Drive In Dining
24,072 visits/mo 0.5 miles
Dion's Pizza Dining
24,016 visits/mo 0.1 miles
Dollar Tree Shops & Services
22,973 visits/mo 0.4 miles
Sprouts Farmers Market Groceries
17,892 visits/mo 0.4 miles

Demographics for 87112, NM

42,487
Population
20,083
Households
2.1
Avg Household Size
42
Median Age
38%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
5,245
Density / Sq Mi
$69,610
Median Household Income
$41,427
Median Earnings
$1,056
Median Rent
$254,400
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$16.4 /SF/Yr
Avg Asking Price
$8.85–$25 /SF/Yr
Price Range
18,529 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - Full-service restaurant property with an established single-tenant configuration and redevelopment potential.
Where is this retail space located?
The property is located at 10551 Montgomery Blvd NE Albuquerque, NM.
What are key features of this property?
This property features: 13,887 square feet of retail space; Existing full‑service restaurant configuration; Single‑tenant property
(505) 292-9607 Call to check price and availability
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