NNN Retail Property with
For Sale
$800,000
1520 Lomas Boulevard NW, Albuquerque, NM 87104
CommercialSale, Albuquerque, NM
Property SizeContact for details
Lot Size0.25 Acres
Days on Market218
Property Features for 1520 Lomas Boulevard NW
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
MX-L*
Parking
20
Parking features
Offsite, Guest
Security features
Security
Accessibility
Accessible Approach with Ramp
Directions
From I-25 and Lomas, go west on Lomas. When you pass 15th St the property will be located on the south side of Lomas.
Subdivision
80 - Downtown Area
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
Listed By:
The Venegas Group · License #2013009293
(505) 591-0717
Added: Jan 29
Changed: Aug 19
Last Checked: Sep 4 at 2:06AM
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 commercial property is configured for retail use and supported by a 5-year NNN lease. The investment reflects an 8.25% cap rate and occupies approximately 0.25 acres. Construction includes block, frame, and stucco components, with natural gas heating serving the property.
The site is located at 1520 Lomas Boulevard NW in Albuquerque, directly off Lomas and Central. Prominent signage is positioned along the retail corridor, and the property includes offsite and guest parking features. An accessible approach with ramp is also provided.
The site is located at 1520 Lomas Boulevard NW in Albuquerque, directly off Lomas and Central. Prominent signage is positioned along the retail corridor, and the property includes offsite and guest parking features. An accessible approach with ramp is also provided.
Key Highlights
- 8.25% cap rate with a 5‑year NNN lease
- Approximately 0.25 acres at 1520 Lomas Boulevard NW
- Directly off Lomas and Central in Albuquerque
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,687
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
0.4 miles
Wendy's
Dining
11,984 visits/mo
0.2 miles
Aveda Institute
Beauty & Spa
1,087 visits/mo
0.1 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
Vacancy Rate% for Retail in Albuquerque, NM
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Retail-oriented commercial property with an existing NNN lease and prominent signage near Lomas Boulevard and Central Avenue.
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: 8.25% cap rate with a 5‑year NNN lease; Approximately 0.25 acres at 1520 Lomas Boulevard NW; Directly off Lomas and Central in Albuquerque
