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Full-Service Restaurant Property
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10551 Montgomery Boulevard Northeast, Albuquerque, NM 87111

Existing restaurant improvements include negotiable FF&E and an on-site parking area.

Property Size13,887 SF
Days on Market16

Property Features for 10551 Montgomery Boulevard Northeast

General Information

Standard status Active
Size 13,887 SF
Property subtype Retail, Land

Additional Details

Road Access Yes
Land Use restaurant
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 22 at 8:57AM

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.

The property includes an existing full-service restaurant building totaling 13,887 square feet. Furniture, fixtures, and equipment are negotiable. A 0.45-acre parking area is included with the property, supporting the existing restaurant configuration.

The site is positioned along Montgomery Boulevard NE in Albuquerque’s 87111 ZIP code, with street frontage and exposure along the corridor. Surrounding residential neighborhoods, nearby business parks, and established retail and restaurant businesses contribute to the property’s commercial setting.

Key Highlights

  • Existing full‑service restaurant building totaling 13,887 square feet
  • FF&E is negotiable
  • Includes a 0.45‑acre parking area

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,105
Businesses Nearby
186k
Monthly Visits Nearby
Under-served
Demand for This Use

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 87111, NM

56,121
Population
28,192
Households
2
Avg Household Size
45
Median Age
56%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
4,419
Density / Sq Mi
$84,511
Median Household Income
$52,350
Median Earnings
$1,310
Median Rent
$349,200
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant improvements include negotiable FF&E and an on-site parking area.
Where is this conventional restaurant located?
The property is located at 10551 Montgomery Boulevard Northeast Albuquerque, NM.
What are key features of this property?
This property features: Existing full‑service restaurant building totaling 13,887 square feet; FF&E is negotiable; Includes a 0.45‑acre parking area
(505) 292-9607 Call to check price and availability
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