13207 Central Ave NE, Albuquerque, NM
Retail or restaurant space for sale or lease.
- Added:
- Apr 22, 2025
- Days on Market:
- 420
- Last Refresh:
- May 20 at 8:51 pm
Property Features for 13207 Central Ave NE
General Information
- Standard status
- Active
- Size
- 1,558 SF
- Lot size
- 0.41 Acres
- Property subtype
- RETAIL
Listing agent Bill Reed (505) 730-8934
Listing office ABQ Properties LLC (505) 730-8934
Listing date Apr 22, 2025
Source Moodyscre
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 ABQ Properties LLC
HighLights
- Retail or restaurant space available for sale or lease
- Former national restaurant chain location
- Short term owner financing possible (25% down, 7% interest)
- Bring all offers considered
- Location previously equipped as a restaurant
- Suitable for retail or restaurant use
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $37.4k | $24.00 |
| − Vacancy | −$2.2k | −$1.44 |
| EGI | $35.1k | $22.56 |
| − OpEx | −$8.8k | −$5.64 |
| NOI | $26.4k | $16.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.499
- Latitude
- 35.0688
