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White-Box Retail Suites
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2808 Central Ave SE, Albuquerque, NM 87106

Demised retail suites offer finished restrooms, open ceilings, and build-out-ready interiors in a pedestrian-oriented setting.

Space SizeContact for details
Days on Market151

Property Features for 2808 Central Ave SE

General Information

Standard status Active
Total Parking Spaces 71
Property subtype Office
Zoning MX-M
Lease Type NNN

Site & Location

Corner Location Yes
Traffic Count 33,600 vehicles/day

Amenities

Power
Water
Sewer
Natural Gas
71 Parking Spaces

Building Details

Year Built 1992
Tenancy Multi
Listing Agency: Geltmore Real Estate Advisory, LLC
Listed By: David Silverman
Source: Carnm.resimplifi
Added: Apr 1 Changed: Aug 28 Last Checked: Aug 28 at 8:15PM

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 Geltmore Real Estate Advisory, LLC

Investment Insights

Based on property information with market context.

This 14,541-square-foot retail property, built in 1992, offers demised suites for NNN lease in white-box condition. Each suite includes a finished restroom, concrete floors, taped and floated walls, HVAC with open ceilings, LED retail lighting, distributed electrical service, and exterior signage uplights. The spaces are ready for tenant build-out, with approximately 35 onsite parking spaces available. Planned property improvements include a new roof, HVAC system, electrical updates, storefront glass, and building facade, along with reserved parking.

The property is directly across from UNM Main Campus, which has approximately 24,000 students, and sits at the southeast corner of Central Avenue and Vassar. Central Avenue records 33,600 average cars per weekday. The surrounding area includes a daytime population of 62,490 within 2 miles and 129,146 within 3 miles, with residential populations of 22,359 and 42,657, respectively. Walk Score is 89 and Bike Score is 87.

Key Highlights

  • 14,541‑square‑foot retail property with demised suites available for NNN lease
  • White‑box suites include finished restrooms, concrete floors, open ceilings, HVAC, LED lighting, and distributed electrical service
  • Directly across from UNM Main Campus, with approximately 24,000 students

Property Analytics

Current Use

Institute-Social Research Physician

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Electrical Service Kitchen & Bath Showroom HVAC 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.

Lease Details

33,600 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,629
Businesses Nearby
145k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 87% Shops & Services 12% Electronics 2%
McDonald's Dining
26,631 visits/mo 0.5 miles
Taco Bell Dining
17,499 visits/mo 0.1 miles
Panda Express Dining
14,641 visits/mo 0.1 miles
Freddy's Frozen Custard & Steakburgers Dining
10,291 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
10,037 visits/mo 0.1 miles

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
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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Frequently Asked Questions

What type of property is this?
Retail space - Demised retail suites offer finished restrooms, open ceilings, and build-out-ready interiors in a pedestrian-oriented setting.
Where is this retail space located?
The property is located at 2808 Central Ave SE Albuquerque, NM.
What are key features of this property?
This property features: 14,541‑square‑foot retail property with demised suites available for NNN lease; White‑box suites include finished restrooms, concrete floors, open ceilings, HVAC, LED lighting, and distributed electrical service; Directly across from UNM Main Campus, with approximately 24,000 students
More about this property
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