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Office Space with Dance Floor
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4520 Lower Terrace Cir NE, Albuquerque, NM 87111

Office suite includes a 32’ x 29’ dance floor, multiple office concepts, and 8 parking spaces during business hours.

Property Size1,486 SF
Days on Market506

Property Features for 4520 Lower Terrace Cir NE

General Information

Standard status Active
Size 1,486 SF
Property subtype RETAIL
Lease Type SF/mo

Additional Details

Clear Height 9.6 ft
Listing Agency: NAI SunVista - Albuquerque
Listed By: Todd W Strickland · License #47267
Source: Moodyscre
Added: Mar 12, 2025 Changed: Jul 27 Last Checked: Jul 30 at 12:38PM

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 - Albuquerque

Investment Insights

Based on property information with market context.

This office space features a 32’ x 29’ dance floor and ceiling heights ranging from 9’ to 7’. The interior includes a reception area, storage, restrooms, and a private office, with an office concept option available that includes five offices plus reception, a break room, restroom, and storage. The space is designed to provide natural light throughout.

The property is located just across the street from Fishback Dance Studio near the northwest corner of Montgomery & Eubank Blvds. Parking is available with 8 spaces during regular business hours, plus 14 spaces outside regular business hours.

The layout supports a variety of office configurations while retaining the dedicated dance-floor component at the core of the space.

Key Highlights

  • 32’ x 29’ dance floor with 9’–7” ceiling heights
  • Office suite includes reception, storage, restrooms, and a private office
  • Choose from an office concept with 5 offices plus reception, break room, restroom, and storage

Property Analytics

Current Use

TNJ Group of Companies Corporate Office 2 G Construction ... Construction Company

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Restaurant HVAC Service Auto Repair Shop

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

9 ft
Clear height
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,115
Businesses Nearby

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

$16.49 /SF/Yr
Avg Asking Price
$1.1–$26 /SF/Yr
Price Range
51,834 SF
Avg Space Size

This space is priced 3% below the average of $16.49 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office suite includes a 32’ x 29’ dance floor, multiple office concepts, and 8 parking spaces during business hours.
Where is this office units located?
The property is located at 4520 Lower Terrace Cir NE Albuquerque, NM.
What is the lease rate?
The lease rate is $1,981 /Mo.
What are key features of this property?
This property features: 32’ x 29’ dance floor with 9’–7” ceiling heights; Office suite includes reception, storage, restrooms, and a private office; Choose from an office concept with 5 offices plus reception, break room, restroom, and storage
(505) 450-1121 Call to check price and availability
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