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Retail Space with Large Windows
For Lease
$4,000/Mo
Pending

1520 Central Ave SE, Albuquerque, NM 87106

Flexible commercial space with three-lot positioning, abundant parking, and a prominent Central Avenue storefront.

Space SizeContact for details
Days on Market190

Property Features for 1520 Central Ave SE

General Information

Standard status Pending
Total Parking Spaces 31
Property subtype Retail
Zoning MX-M
Lease Type NNN

Amenities

Power
Water
Sewer
Natural Gas
Vacant
31 Parking Spaces

Building Details

Year Built 1950

Spaces For Lease

at 1520 Central Ave SE Contact us

Available Space $4,000/Mo

Contact us
Listing Agency: Chaves & Clark Real Estate LLC
Listed By: Christine Chaves · License #15509
Source: Carnm.resimplifi
Added: Feb 20 Changed: Aug 28 Last Checked: Aug 29 at 5:53AM

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 Chaves & Clark Real Estate LLC

Investment Insights

Based on property information with market context.

This retail property offers approximately 4,109 SF across three lots, with abundant parking and large windows oriented toward Central Avenue. The 1950 building is zoned MX-M and is available for immediate occupancy. Its layout and storefront presentation support retail, showroom, and auto sales uses identified for the property.

The site is positioned along Route 66 between the University of New Mexico, Presbyterian Hospital, and Downtown Albuquerque. Central Avenue exposure, natural light, and proximity to these major destinations provide a practical setting for businesses seeking a visible commercial address.

Key Highlights

  • Approximately 4,109 SF across three lots
  • Large Central Avenue‑facing windows provide natural light
  • Abundant on‑site parking

Property Analytics

Current Use

Coopers Autogroup Car Dealership

Suggested Use

Top Pick Electrical Service Auto Parts Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Carpet & Flooring Store Catering 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
$1.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,730
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 91% Hotels & Casinos 9%
McDonald's Dining
26,631 visits/mo 0.5 miles
Wendy's Dining
12,172 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,146 visits/mo 0.3 miles
SpringHill Suites by Marriott Albuquerque University Area Hotels & Casinos
5,173 visits/mo 0.3 miles
Insomnia Cookies Dining
5,056 visits/mo 0.4 miles

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$15.65 /SF/Yr
Avg Asking Price
$8.85–$25 /SF/Yr
Price Range
18,492 SF
Avg Space Size

This space is priced 25% below the average of $15.65 /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 - Flexible commercial space with three-lot positioning, abundant parking, and a prominent Central Avenue storefront.
Where is this retail space located?
The property is located at 1520 Central Ave SE Albuquerque, NM.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Approximately 4,109 SF across three lots; Large Central Avenue‑facing windows provide natural light; Abundant on‑site parking
More about this property
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