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Retail Space Available For Rent
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124 Alvarado Drive Southeast, Albuquerque, NM 87108

Retail space available for lease in Albuquerque, New Mexico.

Space SizeContact for details
Property Size3,153 SF
Days on Market124

Property Features for 124 Alvarado Drive Southeast

General Information

Standard status Active
Size 3,153 SF
Property subtype Commercial
Listing Agency: Resolut RE
Listed By: Jeremy Salazar, CCIM
Source: Resolutre
Added: Apr 8 Changed: Aug 8 Last Checked: Aug 9 at 4:26AM

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 Resolut RE

Investment Insights

Based on property information with market context.

This commercial real estate offers 3,153 square feet of retail space for rent. The property is located on Alvarado Drive Southeast in Albuquerque, New Mexico.

Key Highlights

  • Retail space available for lease
  • Located in Albuquerque, New Mexico

Property Analytics

Current Use

Donald Doty Physician Active Life Orthotics ... Orthotics & Prosthetics Service Medical Consulting Media, ... Marketing & Advertising

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Real Estate Agency Law Firm Tanning Salon Fish Market

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

Location Intelligence

Trade Area within ½ mile

922
Businesses Nearby
40k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 80% Dining 18% Electronics 2%
Murphy USA Shops & Services
15,490 visits/mo 0.4 miles
Wells Fargo Shops & Services
10,649 visits/mo 0.5 miles
Filiberto's Mexican Food Dining
6,983 visits/mo 0.4 miles
Watermill Express Shops & Services
3,687 visits/mo 0.4 miles
7-Eleven Shops & Services
1,922 visits/mo 0.3 miles

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$17.4 /SF/Yr
Avg Asking Price
$8.85–$30 /SF/Yr
Price Range
16,948 SF
Avg Space Size

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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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for lease in Albuquerque, New Mexico.
Where is this retail space located?
The property is located at 124 Alvarado Drive Southeast Albuquerque, NM.
What are key features of this property?
This property features: Retail space available for lease; Located in Albuquerque, New Mexico
More about this property
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