Retail Space on Menaul
For Lease
$12 SF/Yr
7413-7421 Menaul Blvd NE, Albuquerque, NM 87110
Retail space available in neighborhood strip center on Menaul.
Days on Market146
Property Features for 7413-7421 Menaul Blvd NE
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
1958
Listing Agency:
(505) 269-9358
Listed By:
Walt Arnold, CCIM, SIOR · License #NM #9117
(505) 269-9358
Source:
Svn
Added: Mar 6
Changed: Jul 10
Last Checked: Jul 30 at 4:43AM
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 Walt Arnold, CCIM, SIOR
Investment Insights
Based on property information with market context.
Retail space is available in a neighborhood strip center with frontage on Menaul Boulevard. The property is located directly east of Coronado Mall, situated on the busy Menaul Corridor in Albuquerque's densely populated Northeast Heights submarket. The location offers good visibility and is near many amenities, benefiting from high traffic counts.
Key Highlights
- High traffic counts due to location on the busy Menaul Corridor.
- Great visibility from Menaul frontage.
- Located in Albuquerque's densely populated Northeast Heights Submarket.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,122
Businesses Nearby
209k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 23%
Apparel 20%
Hotels & Casinos 13%
Chili's Grill & Bar
Dining
20,823 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
17,131 visits/mo
0.4 miles
Sheraton Albuquerque Uptown
Hotels & Casinos
15,048 visits/mo
0.4 miles
Phillips 66
Shops & Services
14,835 visits/mo
0.1 miles
IHOP
Dining
12,935 visits/mo
Demographics for 87110, NM
38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value
Market
Lease Benchmarks for Albuquerque, NM
$13.5 /SF/Yr
Avg Asking Price
$9–$23 /SF/Yr
Price Range
32,331 SF
Avg Space Size
This space is priced 11% below the average of $13.5 /SF/Yr.
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail space available in neighborhood strip center on Menaul.
Where is this strip mall located?
The property is located at 7413-7421 Menaul Blvd NE Albuquerque, NM.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: High traffic counts due to location on the busy Menaul Corridor.; Great visibility from Menaul frontage.; Located in Albuquerque's densely populated Northeast Heights Submarket.
