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

1623 Central Ave NW, Albuquerque, NM 87104

Retail space available for rent at Central Ave NW.

Space Size775 SF
Days on Market108

Property Features for 1623 Central Ave NW

General Information

Standard status Active
Size 775 SF
Property subtype Retail

Building Details

Building Size 775 SF

Spaces For Lease

at 1623 Central Ave NW Contact us

Space Available

Size
775 SF
Type
Retail
Lease Type
Modified Gross
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: NAI SunVista
Listed By: John Algermissen · License #52955
Source: Commercialcafe
Added: May 14 Changed: Aug 8 Last Checked: Aug 29 at 6:14AM

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

Current Use

Retail space

Suggested Use

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

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

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

Market

Lease Benchmarks for Albuquerque, NM

$15.65 /SF/Yr
Avg Asking Price
$8.85–$25 /SF/Yr
Price Range
18,492 SF
Avg Space Size

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
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Questions? Ask 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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