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Retail Building with Drive Thru
For Lease
$23.50 SF/Yr

1418 Carlisle Boulevard Northeast, Albuquerque, NM 87110

Freestanding retail building with drive-thru in a high-traffic location.

Property Size2,232 SF
Days on Market107

Property Features for 1418 Carlisle Boulevard Northeast

General Information

Standard status Active
Size 2,232 SF
Property subtype Retail
Listing Agency: CBRE - Albuquerque
Listed By: Jim Dountas · License #45995
Source: Cbre
Added: Apr 15 Changed: Jul 10 Last Checked: Jul 30 at 3:40AM

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 freestanding retail building, featuring a drive-thru, is located on the hard corner of Carlisle Blvd and Constitution Ave. The property has 2,232± SF with 3 drive-thru lanes under a canopy. The building includes a secure foyer, two private offices, a breakroom, and an IT room. Situated at a signalized intersection with multiple access points, the location offers excellent visibility. The property is located in the University Submarket, near the University of New Mexico, UNM Medical School, Law School and UNM Hospital. Traffic counts are 22,600 VPD on Carlisle Blvd and 5,100 VPD on Constitution Ave. The building can be reconfigured or re-purposed to accommodate a potential tenant. The zoning is MX-M. The lease rate is $23.50/SF/YR +NNN. This property presents a prime drive-thru opportunity with excellent visibility to display your business brand.

Key Highlights

  • Grocery‑anchored freestanding retail building with drive‑thru.
  • Prime hard corner location at a signalized intersection (Carlisle Blvd and Constitution Ave).
  • High traffic counts: 22,600 VPD on Carlisle Blvd and 5,100 VPD on Constitution Ave.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Real Estate Agency Garden Center Grocery & Convenience Store Locksmith Plumbing Service

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

753
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 67% Shops & Services 33%
Smith's Groceries
44,280 visits/mo 0.1 miles
Circle K Shops & Services
12,584 visits/mo 0.5 miles
Smith's Fuel Center Shops & Services
9,149 visits/mo 0.1 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

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

This space is priced 16% below the average of $28.12 /SF/Yr.

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 - Freestanding retail building with drive-thru in a high-traffic location.
Where is this retail space located?
The property is located at 1418 Carlisle Boulevard Northeast Albuquerque, NM.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: Grocery‑anchored freestanding retail building with drive‑thru.; Prime hard corner location at a signalized intersection (Carlisle Blvd and Constitution Ave).; High traffic counts: 22,600 VPD on Carlisle Blvd and 5,100 VPD on Constitution Ave.
More about this property
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