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Dual-Tenant Retail Space
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1405 N Renaissance Blvd NE, Albuquerque, NM 87107

Fully leased retail property occupied by Office Depot and Dollar Tree near established national retailers.

Property Size40,000 SF
Days on Market144

Property Features for 1405 N Renaissance Blvd NE

General Information

Standard status Active
Size 40,000 SF
Property subtype Retail
Occupancy 100%

Site & Location

Corner Location Yes
Anchor Co-Tenants Office Depot, Dollar Tree
Traffic Count 71,674 vehicles/day
Highway Access Yes

Building Details

Buildings 1
Tenancy Multi
Listing Agency: Atlantic Retail West Palm Beach
Listed By: Zack Hilgendorf · License #SL3612144
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:14AM

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 Atlantic Retail West Palm Beach

Investment Insights

Based on property information with market context.

This 40,000 SF retail building is configured for two occupants and is fully leased to Office Depot and Dollar Tree. The property is positioned at the intersection of N Renaissance Blvd and Alexander Blvd, providing a corner location for the existing retail operation.

Access is available from the Interstate 25 corridor, which records combined traffic of more than 71,674 vehicles per day. The property is just over 5 miles from Downtown Albuquerque and is surrounded by national and regional retail businesses, including Home Depot, Costco, Sam’s Club, Panda Express, Starbucks, Wendy’s, McDonald’s, and Arby’s.

Key Highlights

  • 40,000 SF dual‑tenant retail building
  • Fully leased to Office Depot and Dollar Tree
  • Corner of N Renaissance Blvd and Alexander Blvd

Property Analytics

Current Use

Dollar Tree Grocery & Convenience Store

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Law Firm Barber Shop Dental Office (Bike/Boat/Book/etc) Store

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

71,674 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

468
Businesses Nearby
720k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 40% Shops & Services 23% Dining 13% Apparel 10%
Sam's Club Superstores
143,806 visits/mo 0.2 miles
Costco Wholesale Superstores
140,563 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
55,308 visits/mo 0.2 miles
Sam's Club Gas Station Shops & Services
51,205 visits/mo 0.3 miles
Costco Gasoline Shops & Services
41,154 visits/mo 0.1 miles

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value

Market

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 - Fully leased retail property occupied by Office Depot and Dollar Tree near established national retailers.
Where is this retail space located?
The property is located at 1405 N Renaissance Blvd NE Albuquerque, NM.
What are key features of this property?
This property features: 40,000 SF dual‑tenant retail building; Fully leased to Office Depot and Dollar Tree; Corner of N Renaissance Blvd and Alexander Blvd
More about this property
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