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Central Avenue Showroom/Retail Space
For Lease
$7,950/Mo Modified Gross

12020 Central Ave SE, Albuquerque, NM 87123

Showroom/retail space with office, shop, and fenced lot.

Space SizeContact for details
Days on Market214

Property Features for 12020 Central Ave SE

General Information

Standard status Active
Property subtype Retail
Zoning MX-L
Lease Type Modified Gross

Spaces For Lease

at 12020 Central Ave SE Contact us

Available Space $7,950/Mo

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Listing Agency: NAI SunVista
Listed By: Riley McKee · License #50021AB
Source: Carnm.resimplifi
Added: Feb 24 Changed: Sep 22 Last Checked: Sep 26 at 3:28AM

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 NAI SunVista

Investment Insights

Based on property information with market context.

The property features approximately 5,040 square feet of showroom or retail area, complemented by a 2,100-square-foot office area with an additional 2,100-square-foot mezzanine above. A maintenance shop provides approximately 3,300 square feet of space. The property includes two overhead doors measuring 12 feet high by 20 feet wide in the showroom/retail area, and six overhead doors, each 12 feet high, in the maintenance shop, with three drive-through bays. The lot is fully paved and fenced, and includes a large pylon sign and ample parking. The property offers quick access to I-40 via Juan Tabo Boulevard.

Key Highlights

  • Quick access to I‑40 via Juan Tabo Blvd.
  • ±5,040 SF showroom/retail area**
  • Fully fenced property

Property Analytics

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Current Use

Showrooms

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Dental Office Spa & Massage Center 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
$1.37 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 43% Hotels & Casinos 3%
Dollar General Shops & Services
12,665 visits/mo 0.2 miles
SONIC Drive In Dining
10,769 visits/mo 0.2 miles
Phillips 66 Shops & Services
8,563 visits/mo 0.2 miles
Wells Fargo Shops & Services
8,351 visits/mo 0.2 miles
Wienerschnitzel Dining
6,154 visits/mo 0.1 miles

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Albuquerque, NM

$14.52 /SF/Yr
Avg Asking Price
$9.14–$18 /SF/Yr
Price Range
7,687 SF
Avg Space Size

This space is priced 37% below the average of $14.52 /SF/Yr.

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
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Similar Off Market Nearby

  • Harrison Tile Co — 920 Los Padres Pl SE, Albuquerque, NM 87123

Frequently Asked Questions

What type of property is this?
Showroom - Showroom/retail space with office, shop, and fenced lot.
Where is this showroom located?
The property is located at 12020 Central Ave SE Albuquerque, NM.
What is the lease rate?
The lease rate is $7,950/Mo.
What are key features of this property?
This property features: Quick access to I‑40 via Juan Tabo Blvd.; ±5,040 SF showroom/retail area**; Fully fenced property
More about this property
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