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Retail Space Available For Rent
For Lease
$2,500/Mo Modified Gross

1623 Central Ave NW, Albuquerque, NM 87104

Retail space available for rent at Central Ave NW.

Space SizeContact for details
Days on Market307

Property Features for 1623 Central Ave NW

General Information

Standard status Active
Property subtype Retail
Lease Type Modified Gross

Spaces For Lease

at 1623 Central Ave NW
Available Space $2,500/Mo
Contact us
Listing Agency: NAI SunVista
Listed By: John Algermissen · License #52955
Source: Carnm.resimplifi
Added: Dec 10, 2025 Changed: Oct 3 Last Checked: Oct 12 at 4:43PM

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 NAI SunVista

Investment Insights

Based on property information with market context.

This retail space is available for rent. It is located on Central Ave NW.

Key Highlights

  • Retail space available for rent
  • Located on Central Ave NW

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Electrical Service Locksmith Grocery & Convenience Store Pet Grooming Service (Bike/Boat/Book/etc) Store Veterinary Clinic

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

NNN (Triple Net)
Lease Type
$5.81 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,687
Businesses Nearby
29k
Monthly Visits Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$20.6 /SF/Yr
Avg Asking Price
$8.13–$192 /SF/Yr
Price Range
20,569 SF
Avg Space Size

This space is priced 88% above the average of $20.6 /SF/Yr.

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?
Retail space - Retail space available for rent at Central Ave NW.
Where is this retail space located?
The property is located at 1623 Central Ave NW Albuquerque, NM.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Retail space available for rent; Located on Central Ave NW
More about this property
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