Mixed-Use Retail/Office
For Sale
Contact for pricing
4100 Menaul Blvd NE, Albuquerque, NM 87110
MX-M-zoned property with available building signage and convenient access to amenities.
Property Size17,730 SF
Price / SF$0.00
Days on Market522
Property Features for 4100 Menaul Blvd NE
General Information
Standard status
Active
Size
17,730 SF
Total Parking Spaces
60
Property subtype
Office
Zoning
MX-M
Amenities
60 Parking Spaces
Building Details
Year Built
1982
Listing Agency:
Johnson Commercial Real Estate
Listed By:
Ed Anlian · License #14869
(505) 831-3333
Source:
Carnm.resimplifi
Added: May 13, 2025
Changed: Oct 7
Last Checked: Oct 16 at 5:52AM
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 Johnson Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property at 4100 Menaul Blvd NE is a 17,730-square-foot mixed-use building with retail and office positioning. Constructed in 1982, the asset has 60 parking spaces, available building signage, and a new TPO roof installed in 2014. MX-M zoning supports its mixed-use classification.
Located in Albuquerque’s Uptown area, the property benefits from access to amenities and reported exposure to approximately 26,700 cars per day. An adjacent property is also available separately, allowing the two opportunities to be evaluated independently.
Located in Albuquerque’s Uptown area, the property benefits from access to amenities and reported exposure to approximately 26,700 cars per day. An adjacent property is also available separately, allowing the two opportunities to be evaluated independently.
Key Highlights
- 17,730± SF mixed‑use retail and office property
- 60 parking spaces included
- MX‑M zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$215,420
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,308,400
$4.3M
Cap Rate 7%
$3,077,429
$3.1M
Cap Rate 9%
$2,393,556
$2.4M
Market Conditions
NOI Build-Up for 17,730 SF
Gross rent
$383.0K $21.60/SF
− Vacancy
−$38.3K −$2.16/SF
EGI
$344.7K $19.44/SF
− OpEx
−$129.3K −$7.29/SF
NOI
$215.4K $12.15/SF
Area
Albuquerque, NM
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,308,400
Cap Rate 7%
$3,077,429
Cap Rate 9%
$2,393,556
Alternative Uses
Best Use
Retail
$3.64M
$3.19M – $4.25M
NOI $254,860 @ 7.0% cap · market cap 3,375,629.14%
Second Best
Mixed Use
$3.08M
$2.69M – $3.59M
NOI $215,420 @ 7.0% cap · market cap 2,853,245.03%
Theoretical Best
Office A
$4.29M
$3.75M – $5.00M
NOI $300,247 @ 7.0% cap · market cap 3,976,781.46%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,646
Businesses Nearby
274k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 32%
Apparel 24%
Shops & Services 21%
Groceries 15%
Walmart Neighborhood Market
Groceries
42,168 visits/mo
0.4 miles
Savers Thrift Store
Apparel
30,395 visits/mo
0.3 miles
Rudy's Country Store & Bar-B-Q
Dining
28,797 visits/mo
0.5 miles
Dollar Tree
Shops & Services
28,785 visits/mo
0.4 miles
Whataburger
Dining
26,887 visits/mo
0.5 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Albuquerque, NM
Frequently Asked Questions
What type of property is this?
Mixed-use property - MX-M-zoned property with available building signage and convenient access to amenities.
Where is this mixed-use property located?
The property is located at 4100 Menaul Blvd NE Albuquerque, NM.
What are key features of this property?
This property features: 17,730± SF mixed‑use retail and office property; 60 parking spaces included; MX‑M zoning
