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Multi-Tenant Shopping Center
For Sale
$500,000

1619 San Pedro Dr NE, Albuquerque, NM 87110

Fully leased retail property with service-oriented occupants, individual suite signage, and a shared pylon sign.

Property Size5,560 SF
Price / SF$89.93
Days on Market383

Property Features for 1619 San Pedro Dr NE

General Information

Standard status Active
Size 5,560 SF
Property subtype Retail
Zoning MX-L
Occupancy 100%

Site & Location

Pylon Signage Yes
Traffic Count 13,479 vehicles/day

Amenities

swamp cooler
radiant heating
individual building signage

Building Details

Year Built 1962
Construction beige brick masonry
Tenancy Multi
Listing Agency: RESOLUT RE
Listed By: Remsa Troy · License #48712AB
Source: Carnm.resimplifi
Added: Aug 13, 2025 Changed: Aug 30 Last Checked: Aug 30 at 3:09PM

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 RESOLUT RE

Investment Insights

Based on property information with market context.

This 5,560-square-foot shopping center contains multiple retail suites occupied by a gym, dog grooming salon, and tea shop. The building dates to 1962 and uses beige brick masonry construction, with a combination of TPO and tar-and-gravel roofing. Each suite has a swamp cooler and radiant heating, while signage includes unit-specific displays and a shared pylon with four tenant panels.

The property fronts San Pedro Drive near Albuquerque’s Uptown trade area, with reported traffic of more than 13,479 vehicles per day. All suites are leased under modified gross structures, and the nearest lease expiration occurs in 2028 with renewal options. The address is 1619 San Pedro Dr NE, Albuquerque, New Mexico 87110, and the property is zoned MX-L.

Key Highlights

  • 5,560‑square‑foot multi‑tenant retail building
  • Fully leased with a gym, dog grooming salon, and tea shop
  • Fronts San Pedro Drive with over 13,479 vehicles per day

Property Analytics

Current Use

Alpha Dog Grooming ... Pet Grooming Service Pin Up Pups ... Pet Grooming Service Bella’s Grooming Pet Grooming Service

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Grocery & Convenience Store Electrical Service Travel Agency

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

13,479 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,921
Businesses Nearby
82k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 53% Shops & Services 21% Dining 11% Apparel 7%
Smith's Groceries
42,932 visits/mo 0.5 miles
Smith's Fuel Center Shops & Services
12,785 visits/mo 0.5 miles
Buca di Beppo Italian Restaurant Dining
9,148 visits/mo 0.5 miles
Goodwill Apparel
5,830 visits/mo 0.4 miles
Family Dollar Shops & Services
4,568 visits/mo 0.4 miles

Demographics for 87110, NM

38,441
Population
19,591
Households
2
Avg Household Size
42
Median Age
38%
College-Educated
93%
High-School Grad
8.8 sq mi
ZIP Area
4,368
Density / Sq Mi
$63,593
Median Household Income
$40,244
Median Earnings
$1,096
Median Rent
$251,400
Median Home Value

Market

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?
Shopping center - Fully leased retail property with service-oriented occupants, individual suite signage, and a shared pylon sign.
Where is this shopping center located?
The property is located at 1619 San Pedro Dr NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 5,560‑square‑foot multi‑tenant retail building; Fully leased with a gym, dog grooming salon, and tea shop; Fronts San Pedro Drive with over 13,479 vehicles per day
More about this property
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