1501 Mountain Rd NW, Albuquerque, NM 87104

Spaces For Lease

at 1501 Mountain Rd NW

1501 Mountain Rd NW $1,900/Mo

Floor 1

Size 407 SF

Type RETAIL

Lease Type NNN

Availability AVAILABLE, Now

Sublease No

- New construction in the Sawmill District - New-construction neighborhood retail building - Rear patio space and opportunity for front patio - Adjacent to strong-performing tenants Manaña Taco and Pink Pony Soft Serve - Dedicated parking lot and signage - On Mountain Rd. surrounded by dense residential - Walking distance to Explora, Natural History Museum, Albuquerque Museum, Old Town, and Sawmill Market - Amongst new development with a handful of new hotels and apartments planned - Broker is owner of the property

Contact us

Listing Agency: NAI SunVista - Albuquerque Show Phone

Listed By: John Algermissen · License NM #52955 Show Phone

Source: Moodyscre

Added: Nov 3 Changed: Nov 4 Last Checked: Nov 10 at 8:28AM

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Investment Insights

Based on property information with market context.

This newly built retail space measures 407 square feet and includes a rear patio. A front patio may also be possible. Dedicated parking and signage serve the property at 1501 Mountain Rd NW in Albuquerque.

The building sits along Mountain Road amid dense residential surroundings. Manañа Taco and Pink Pony Soft Serve are adjacent. Explora, the Natural History Museum, Albuquerque Museum, Old Town, and Sawmill Market are within walking distance. New hotels and apartments are planned among nearby development.

Key Highlights

• 407‑square‑foot retail space in a newly built property
• Rear patio, with the possibility of a front patio
• Dedicated parking lot and signage

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Daycare Center Locksmith Garden Center Plumbing Service Veterinary Clinic

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

$8.40 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,746

Businesses Nearby

29k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 55% Dining 41% Beauty & Spa 4%

Lowe's Market Groceries

15,819 visits/mo 0.3 miles

Wendy's Dining

11,984 visits/mo 0.4 miles

Aveda Institute Beauty & Spa

1,087 visits/mo 0.5 miles

Demographics for 87104, NM

12,537

Population

6,628

Households

1.9

Avg Household Size

43

Median Age

48%

College-Educated

92%

High-School Grad

4.2 sq mi

ZIP Area

2,985

Density / Sq Mi

$67,714

Median Household Income

$55,156

Median Earnings

$1,022

Median Rent

$300,000

Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$19.76 /SF/Yr

Avg Asking Price

$4.02–$192 /SF/Yr

Price Range

19,080 SF

Avg Space Size

This space is priced 184% above the average of $19.76 /SF/Yr.

Properties on Market for Retail space in Albuquerque

Jul

Aug

Sep

Oct

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

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Frequently Asked Questions

What type of property is this?

Retail space - The space includes dedicated parking and signage along Mountain Road in a residential area.

Where is this retail space located?

The property is located at 1501 Mountain Rd NW Albuquerque, NM.

What is the lease rate?

The lease rate is $1,900/Mo.

What are key features of this property?

This property features: 407‑square‑foot retail space in a newly built property; Rear patio, with the possibility of a front patio; Dedicated parking lot and signage