1701 Central Ave NW, Albuquerque, NM 87104

Building Details

Tenancy Multi More

Spaces For Lease

at 1701 Central Ave NW

1701 Central Ave NW $2,500/Mo

Floor 1

Size 775 SF

Type RETAIL

Lease Type MODIFIED_GROSS

Availability AVAILABLE, Now

Sublease No

Near Old Town and Country Club neighborhood First-generation retail space at The George, a new, luxury, 37-unit apartment building The only retail space in the building Construction to be complete by Summer 2026 Great visibility on Central Ave. with 10,300 vehicles per day Adjacent to schools, apartments and offices for a strong mix of 24/7 customer generators Surrounded by successful local restaurants like Vinaigrette, Duran’s Central Pharmacy, Smothered, and the Dog House One of the few walkable neighborhood districts in the city High-traffic trade area adjacent to Old Town and Sawmill, the largest tourist district in the city 5 minutes from downtown, one of the highest daytime population trade areas

Contact us

Listing Agency: NAI SunVista - Albuquerque Show Phone

Listed By: John Algermissen · License NM #52955 Show Phone

Source: Moodyscre

Added: Nov 4 Changed: Nov 6 Last Checked: Nov 8 at 8:12AM

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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 - Albuquerque

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Investment Insights

Based on property information with market context.

A 775-square-foot first-generation retail space is planned within The George, a 37-unit apartment building. It is the building’s only retail space, with construction scheduled for completion by Summer 2026.

The property fronts Central Ave., where the stated vehicle count is 10,300 per day. Schools, apartments, and offices are described as adjacent, with Old Town and Sawmill nearby. The listing also identifies local restaurants including Vinaigrette, Duran’s Central Pharmacy, Smothered, and the Dog House, and places downtown about five minutes away.

Key Highlights

• 775‑square‑foot first‑generation retail space
• Only retail space within The George, a 37‑unit apartment building
• Construction completion scheduled for Summer 2026

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Locksmith Grocery & Convenience Store Daycare Center 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

Multi-tenant

Tenancy

NNN (Triple Net)

Lease Type

$5.81 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

4,105

Businesses Nearby

117k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 64% Groceries 31% Hotels & Casinos 4%

Smith's Groceries

36,485 visits/mo 0.5 miles

McDonald's Dining

26,631 visits/mo 0.3 miles

Wendy's Dining

12,172 visits/mo 0.1 miles

Cheba Hut Dining

9,069 visits/mo 0.3 miles

Starbucks Dining

7,060 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

Lease Benchmarks for Albuquerque, NM

$19.76 /SF/Yr

Avg Asking Price

$4.02–$192 /SF/Yr

Price Range

19,080 SF

Avg Space Size

This space is priced 96% above the average of $19.76 /SF/Yr.

Properties on Market for Retail space in Albuquerque

Jul

Aug

Sep

Oct

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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Frequently Asked Questions

What type of property is this?

Retail space - The space is the sole retail offering within a new apartment building.

Where is this retail space located?

The property is located at 1701 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: 775‑square‑foot first‑generation retail space; Only retail space within The George, a 37‑unit apartment building; Construction completion scheduled for Summer 2026