Stabilized NNN Retail
1520 Lomas Boulevard NW Albuquerque, NM 87104
1520 Lomas Boulevard NW, Albuquerque, NM, 87104
$800,000
For Sale
$800,000
SINGLE_FAMILY - Albuquerque, NM
Lot Size0.25 Acres
Days on Market172
Property Features for 1520 Lomas Boulevard NW
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking
- 20
- Parking features
- Offsite, Guest
- Security features
- Security
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 101305831419143009
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5415
Utilities
- Heating system
- Natural Gas
Building Details
- Floors in Building
- 1
- Building materials
- Block, Frame, Stucco
Listing Agency
Keller Williams Realty
(505) 271-8200
6703 Academy Road NE, ALBUQUERQUE, NM
Listed by
The Venegas Group · License #50802
(505) 271-8200
Added: Jan 29 Checked: Jul 20 at 6:06 am
MLS# 1098123
Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This stabilized NNN retail investment offers current income backed by a 5-year NNN lease in place, with an indicated 8.25% cap rate. The property is configured and zoned to support a variety of retail uses, giving an owner flexibility to maintain stability while also pursuing future leasing opportunities.
Located directly off Lomas and Central, the site benefits from high vehicle counts and strong visibility. The property’s placement along a major retail corridor supports prominent signage, helping maintain awareness for both passersby and nearby shoppers.
For investors seeking a commercial asset with a lease in place and long-term operational simplicity, this presents a practical option in a highly visible retail setting. The ability to accommodate multiple retail use types may also help broaden the tenant prospect pool over time, supporting an approach focused on durable returns and ongoing tenancy.
Located directly off Lomas and Central, the site benefits from high vehicle counts and strong visibility. The property’s placement along a major retail corridor supports prominent signage, helping maintain awareness for both passersby and nearby shoppers.
For investors seeking a commercial asset with a lease in place and long-term operational simplicity, this presents a practical option in a highly visible retail setting. The ability to accommodate multiple retail use types may also help broaden the tenant prospect pool over time, supporting an approach focused on durable returns and ongoing tenancy.
Key Highlights
- Stabilized NNN commercial investment with an 8.25% cap rate supported by a 5‑year NNN lease
- Lease structure described as stabilized with a 5‑year NNN lease in place
- Parking includes guest and offsite parking, with accessible approach via ramp
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
OSO Cannabis Company
(Bike/Boat/Book/etc) Store
Dreamz Dispensary
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Stabilized NNN retail asset with a 5-year lease in place, positioned for dependable investor cash flow.
Where is this nnn property located?
The property is located at 1520 Lomas Boulevard NW Albuquerque, NM.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Stabilized NNN commercial investment with an 8.25% cap rate supported by a 5‑year NNN lease; Lease structure described as stabilized with a 5‑year NNN lease in place; Parking includes guest and offsite parking, with accessible approach via ramp
