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Shopping Center Retail Space
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110 98th St NW, Albuquerque, NM 87121

Multiple entry points connect the property to 98th St, Central Ave, and Volcano Rd, alongside restaurant and retail co-tenancy.

Space SizeContact for details
Days on Market319

Property Features for 110 98th St NW

General Information

Standard status Active
Property subtype Retail
Zoning NR-C

Additional Details

Space Use Retail
Road Access Yes
Listing Agency: King Capital Commercial Real Estate
Listed By: Courtney Tinnin · License #54887
Source: Carnm.resimplifi
Added: Oct 16, 2025 Changed: Aug 29 Last Checked: Aug 29 at 4:59PM

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 retail offering is part of a shopping center at the intersection of 98th St and Central Ave. The property carries NR-C zoning and benefits from access points on 98th St, Central Ave, and Volcano Rd. Existing co-tenancy includes McDonald’s, Starbucks, Dollar Tree, and Church’s Texas Chicken, creating a retail setting with a mix of food service and convenience-oriented operators.

The center records 37,000 VPD on 98th St and 13,600 VPD on Central Ave. Placer.ai reports more than 1.7M annual visits to The Shops @ 98th. Within three miles, the shopping center services 32,276 households, providing a defined nearby residential base for the property.

Key Highlights

  • Shopping center retail space at 98th St and Central Ave
  • NR‑C zoning
  • Multiple access points from 98th St, Central Ave, and Volcano Rd

Property Analytics

Current Use

MVD Now Department Of Motor Vehicles check n go, ... Loan Service

Suggested Use

Top Pick Law Firm 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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

250
Businesses Nearby
313k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 28% Electronics 1%
McDonald's Dining
41,092 visits/mo 0.1 miles
Whataburger Dining
36,430 visits/mo 0.1 miles
Dutch Bros. Coffee Dining
22,807 visits/mo 0.2 miles
Dollar Tree Shops & Services
22,250 visits/mo 0.1 miles
Jack in the Box Dining
21,907 visits/mo 0.2 miles

Demographics for 87121, NM

77,802
Population
26,118
Households
3
Avg Household Size
31
Median Age
13%
College-Educated
80%
High-School Grad
336.9 sq mi
ZIP Area
231
Density / Sq Mi
$59,184
Median Household Income
$34,738
Median Earnings
$1,277
Median Rent
$192,500
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$12.5 /SF/Yr
Avg Asking Price
$9–$16 /SF/Yr
Price Range
19,204 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
Questions? Ask Rey
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Similar Off Market Nearby

  • 98th & Central Shopping Center 120 98th St NW B101 & B102, Albuquerque, NM 87121

Frequently Asked Questions

What type of property is this?
Shopping center - Multiple entry points connect the property to 98th St, Central Ave, and Volcano Rd, alongside restaurant and retail co-tenancy.
Where is this shopping center located?
The property is located at 110 98th St NW Albuquerque, NM.
What are key features of this property?
This property features: Shopping center retail space at 98th St and Central Ave; NR‑C zoning; Multiple access points from 98th St, Central Ave, and Volcano Rd
More about this property
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