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Unique Open-Concept Workspace Available
For Lease
$21 SF/Yr

1776 Montaño Road Northwest, Los Ranchos de Albuquerque, NM 87107

Distinctive industrial-style workspaces with creative opportunities for various businesses.

Property Size20,702 SF
Days on Market250

Property Features for 1776 Montaño Road Northwest

General Information

Standard status Active
Size 20,702 SF
Property subtype Office
Listing Agency: CBRE - Albuquerque
Listed By: Scott Whitefield · License #15079
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:50AM

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 CBRE - Albuquerque

Investment Insights

Based on property information with market context.

Formerly the Unser Racing Museum, the property at 1776 Montaño Rd NW offers expansive, open-concept workspaces suitable for businesses seeking a distinctive environment. The spaces feature industrial elements such as exposed brick walls and high, open ceilings, adding character and sophistication. Two buildings are available: The Summit and The Annex. The Summit includes a loading dock with ramp and lift, while The Annex features a roll-up door. These features are suited for businesses in industries such as e-commerce, finance, wellbeing and fitness, event planning, retail operations, and design firms. The property provides a wealth of creative opportunities for businesses looking to make a statement. The property size is 20,702 square feet.

Key Highlights

  • Formerly the Unser Racing Museum, offering a unique and recognizable space.
  • Expansive open‑concept workspaces suitable for various businesses.
  • Industrial features such as exposed brick walls and high open ceilings.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Restaurant Building Supply Nail Salon

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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Distinctive industrial-style workspaces with creative opportunities for various businesses.
Where is this office units located?
The property is located at 1776 Montaño Road Northwest Los Ranchos de Albuquerque, NM.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Formerly the Unser Racing Museum, offering a unique and recognizable space.; Expansive open‑concept workspaces suitable for various businesses.; Industrial features such as exposed brick walls and high open ceilings.
More about this property
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