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    8850 Holly Ave NE Albuquerque, NM 87122

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    For Lease
    $25 SF/Yr ($2,500 /Mo)

    Retail space available in high-income area anchored by Trader Joe’s.

    Property size:
    1,200 SF
    Lot size:
    6.16 Acres

    Property Features for 8850 Holly Ave NE

    General Information

    Size
    1,200 SF
    Lot size
    6.16 Acres

    Source: Base 5 Retail Partners Agent David A Chavez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Trader Joe’s

    This retail space is located in a development anchored by Trader Joe’s, featuring a tenant mix that includes Jinja, Orange Theory Fitness, Ulta Beauty, Bair Medical Spa, Massage Envy, and Boba Tea. Situated in the highest income zip code in the state of New Mexico (87122), the immediate 1-mile income exceeds $131,000. VCA is currently under construction, and several new leases have been signed within the last 12 months. There is only one remaining space available, offering 1,200 square feet adjacent to Boba Tea and Orange Theory Fitness.
    Location Intelligence

    Current Use by Public Records

    Orangetheory Fitness Gym Boba Tea Company Cafe WW (Weight Watchers) Weight Loss Service Xfinity Store by ... Internet Service Provider The Wedding Officiant Wedding Service

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Sandoval
    State
    New Mexico
    Longitude
    -106.5454911
    Latitude
    35.1754815

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in high-income area anchored by Trader Joe’s.
    Where is this shopping center located?
    The property is located at 8850 Holly Ave NE Albuquerque, NM.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Located in the highest income zip code in NM (87122) with a 1-mile income over $131K.; - Anchored by Trader Joe's with a strong tenant mix including Jinja, Orange Theory Fitness, Ulta Beauty, and more.; - Only one 1,200 SF space remaining.
    (505) 507-3283
    Request Owner's contact information
    8850 Holly Ave NE Albuquerque, NM 87122
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    Albuquerque, NM 87122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8850 Holly Ave NE Albuquerque, NM 87122
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