Stabilized NNN Retail
For Sale
$800,000
1520 Lomas Boulevard NW, Albuquerque, NM 87104
SINGLE_FAMILY - Albuquerque, NM
Property SizeContact for details
Lot Size0.25 Acres
Days on Market195
Property Features for 1520 Lomas Boulevard NW
General Information
Property type
Residential
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 #.
(505) 591-0717
Added: Jan 29
Changed: Jul 28
Last Checked: Aug 12 at 11:06AM
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 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
Current Use
Location Intelligence
Trade Area within ½ mile
3,402
Businesses Nearby
32k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 49%
Dining 25%
Hotels & Casinos 21%
Shops & Services 5%
Lowe's Market
Groceries
15,819 visits/mo
0.2 miles
DoubleTree by Hilton Hotel
Hotels & Casinos
6,737 visits/mo
0.4 miles
Sushi Hana
Dining
5,747 visits/mo
0.5 miles
Pizza Hut
Dining
2,281 visits/mo
0.1 miles
Caliber Collision
Shops & Services
831 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
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 - 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
