Listing Agency: Berger Briggs Real Estate & Property Management v***@bergerbriggs.com Show Phone

Listed By: Dave Vincioni Show Phone

Source: Moodyscre

Added: Jul 7, 2025 Changed: Jul 6 Last Checked: Jul 21 at 5:20AM

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Investment Insights

Based on property information with market context.

This 5375-square-foot building is located on the south side of Central Avenue, just east of Presbyterian Hospital, positioning it in the heart of the UNM / Presbyterian Hospital market. The property is currently in a warm shell condition, ready to be remodeled to fit a tenant's requirements. It is suitable for either retail or office use.

Key Highlights

• Prime location in the heart of the UNM / Presbyterian Hospital markets.
• Situated just east of Presbyterian Hospital on Central Ave.
• Suitable for retail or office use.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Home Appliance 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

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

37

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Albuquerque, NM

$28.12 /SF/Yr

Avg Asking Price

$8.85–$216 /SF/Yr

Price Range

12,809 SF

Avg Space Size

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail or office space near UNM and Presbyterian Hospital.

Where is this retail space located?

The property is located at 1414 Central Ave SE Albuquerque, NM.

What are key features of this property?

This property features: Prime location in the heart of the UNM / Presbyterian Hospital markets.; Situated just east of Presbyterian Hospital on Central Ave.; Suitable for retail or office use.