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Flex Space with Gated Yard
For Sale
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111 Cardenas Dr NE, Albuquerque, NM 87108

Retail and warehouse configuration with a secured paved yard and interior space that can be finished for occupancy.

Property SizeContact for details
Days on Market143

Property Features for 111 Cardenas Dr NE

General Information

Standard status Active
Property subtype Industrial

Site & Location

Fenced Yard Yes
Outdoor Storage Yes
Listing Agency: Berkshire Hathaway New Mexico Commercial Division
Listed By: Christian File · License #51587
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:33PM

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 Berkshire Hathaway New Mexico Commercial Division

Investment Insights

Based on property information with market context.

This flex space combines retail and warehouse functionality with a gated, paved yard area. The interior is offered as a blank slate, allowing an owner-user to configure the space for its operations or prepare it for leasing.

Located on Cardenas Dr NE in Albuquerque, the property provides secured exterior storage and parking capacity through its enclosed paved lot. The asset is also identified as part of the Central portfolio and may be coupled with 5913 Central for a combined acquisition.

Key Highlights

  • Retail and warehouse configuration
  • Gated, paved yard and parking area
  • Blank‑slate interior for owner‑user customization

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Law Firm Parking Lot & Garage Pet Grooming Service

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
Fenced yard

Location Intelligence

Trade Area within ½ mile

1,450
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Retail and warehouse configuration with a secured paved yard and interior space that can be finished for occupancy.
Where is this flex space located?
The property is located at 111 Cardenas Dr NE Albuquerque, NM.
What are key features of this property?
This property features: Retail and warehouse configuration; Gated, paved yard and parking area; Blank‑slate interior for owner‑user customization
(505) 289-0549 Call to check price and availability
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