1520 Lomas Blvd NW Albuquerque, NM 87104
Stabilized commercial asset with 8.25% cap rate and NNN lease.
- Added:
- Feb 12, 2026
- Days on Market:
- 150
- Last Refresh:
- Jun 26 at 7:44 am
Property Features for 1520 Lomas Blvd NW
General Information
- Standard status
- Active
- Size
- 3,029 SF
- Property subtype
- Mixed Use, Office, Retail, Special Purpose
Building Details
- Year Built
- 1963
Listing office Keller Williams Realty
Listing date Feb 12, 2026
Source Crexi
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
Key Highlights
- High 8.25% Cap Rate: Provides a strong return on investment.
- Stabilized NNN Lease: Offers dependable cash flow with a 5‑year lease in place.
- Prime Location: Situated directly off Lomas and Central with high traffic counts and excellent visibility.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.2k | $22.20 |
| − Vacancy | −$5.0k | −$1.67 |
| EGI | $62.2k | $20.54 |
| − OpEx | −$18.7k | −$6.16 |
| NOI | $43.5k | $14.37 |
