Retail Space in Target-Anchored
For Lease
Contact for pricing
8510 Montgomery Blvd NE, Albuquerque, NM 87111
Retail suite in a Target-anchored shopping center with tenant allowance and visibility from 34,600 VPD.
Property Size2,960 SF
Days on Market478
Property Features for 8510 Montgomery Blvd NE
General Information
Standard status
Active
Size
2,960 SF
Property subtype
RETAIL
Lease Type
SF/yr
Additional Details
Traffic Count
34,600 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
CBRE | Albuquerque
(505) 228-5771
Listed By:
Jim P Dountas · License #45995
(505) 228-5771
Source:
Moodyscre
Added: Apr 9, 2025
Changed: Jul 26
Last Checked: Jul 30 at 2:09PM
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 CBRE | Albuquerque
Investment Insights
Based on property information with market context.
This retail space is available within a high-volume, Target-anchored shopping center. The property has strong customer draw, with more than 1.4M annual visits reported. A renovation is scheduled to begin soon, with the goal of updating the look and feel of the center.
The shopping center is accessible with plentiful parking for retail tenants and is visible from 34,600 VPD on Montgomery Blvd. The offering also includes a tenant allowance.
The available suite measures approximately 2,960 square feet. The center is supported by surrounding demographics that report an average household income of $97,802 within a 1-mile radius.
The shopping center is accessible with plentiful parking for retail tenants and is visible from 34,600 VPD on Montgomery Blvd. The offering also includes a tenant allowance.
The available suite measures approximately 2,960 square feet. The center is supported by surrounding demographics that report an average household income of $97,802 within a 1-mile radius.
Key Highlights
- Target‑anchored shopping center with over 1.4M annual visits
- Retail suite with tenant allowance available
- Center visible from 34,600 VPD on Montgomery Blvd.
Property Analytics
Current Use
Lease Details
34,600 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
836
Businesses Nearby
303k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 34%
Superstores 31%
Shops & Services 30%
Groceries 3%
Target
Superstores
94,271 visits/mo
0.1 miles
Michaels
Shops & Services
35,651 visits/mo
0.1 miles
McDonald's
Dining
31,733 visits/mo
0.3 miles
Party City
Shops & Services
22,816 visits/mo
0.2 miles
7 Brew Coffee
Dining
19,095 visits/mo
0.2 miles
Demographics for 87111, NM
56,121
Population
28,192
Households
2
Avg Household Size
45
Median Age
56%
College-Educated
97%
High-School Grad
12.7 sq mi
ZIP Area
4,419
Density / Sq Mi
$84,511
Median Household Income
$52,350
Median Earnings
$1,310
Median Rent
$349,200
Median Home Value
Market
Lease Benchmarks for Albuquerque, NM
$11.6 /SF/Yr
Avg Asking Price
$9–$14 /SF/Yr
Price Range
48,502 SF
Avg Space Size
This space is priced 72% above the average of $11.6 /SF/Yr.
Vacancy Rate% for Retail in Albuquerque, NM
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Similar Off Market Nearby
- Sierra Vista Shopping Center — 9500 Montgomery Blvd NE, Albuquerque, NM 87111
- Montgomery Crossing — 4410 Wyoming Blvd NE, Albuquerque, NM 87111
- Promenade — 5200 Eubank Blvd NE, Albuquerque, NM 87111
- Los Altos Shopping Center — 4200 Wyoming Blvd NE, Albuquerque, NM 87111
- Pampered Nails & Alterations — Scottsdale Village, Eubank Blvd NE, Albuquerque, NM 87111
Frequently Asked Questions
What type of property is this?
Shopping center - Retail suite in a Target-anchored shopping center with tenant allowance and visibility from 34,600 VPD.
Where is this shopping center located?
The property is located at 8510 Montgomery Blvd NE Albuquerque, NM.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Target‑anchored shopping center with over 1.4M annual visits; Retail suite with tenant allowance available; Center visible from 34,600 VPD on Montgomery Blvd.
