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Single Tenant Retail Investment
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Pending

2522-2526 Morningside Dr, Albuquerque, NM 87110

Retail property offered for sale with a stated 9.03% cap rate and 9,415 SF total area.

Property Size9,415 SF
Days on Market147

Property Features for 2522-2526 Morningside Dr

General Information

Standard status Pending
Size 9,415 SF
Property subtype Retail

Additional Details

Cap Rate 9.03%
Listing Agency: Red Sky Realty
Listed By: Jeffrey Kantor · License #NM 51318AB
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 4 at 5:40PM

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 Red Sky Realty

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a stated 9.03% cap rate and 9,415 SF of total space. The offering is positioned as a retail investment opportunity.

The property is located at 2522–2526 Morningside Dr in Albuquerque, New Mexico (87110).

Key Highlights

  • Retail property for sale with a stated 9.03% cap rate
  • Total building area: 9,415 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Garden Center Pet Grooming Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,412
Businesses Nearby
543k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 30% Dining 29% Shops & Services 13% Groceries 12%
Walmart Superstores
162,634 visits/mo 0.5 miles
Whole Foods Market Groceries
65,518 visits/mo 0.5 miles
McDonald's Dining
36,907 visits/mo 0.4 miles
Savers Thrift Store Apparel
30,395 visits/mo 0.2 miles
Rudy's Country Store & Bar-B-Q Dining
28,797 visits/mo 0.3 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with a stated 9.03% cap rate and 9,415 SF total area.
Where is this retail space located?
The property is located at 2522-2526 Morningside Dr Albuquerque, NM.
What are key features of this property?
This property features: Retail property for sale with a stated 9.03% cap rate; Total building area: 9,415 SF
(505) 750-2850 Call to check price and availability
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