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Three-Space Retail Property
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3011 3013 & 3015 Monte Vista Blvd, Albuquerque, NM 87106

Two buildings provide flexible layouts with open interiors, high ceilings, and direct proximity to UNM in Nob Hill.

Space Size1,989 SF - 3,099 SF
Property Size7,597 SF
Days on Market130

Property Features for 3011 3013 & 3015 Monte Vista Blvd

General Information

Standard status Active
Size 1,989 SF - 3,099 SF
Class C
Property subtype Retail
Lease Type NNN

Building Details

Building Size 7,597 SF
Year Built 1930
Tenancy Multiple

Spaces For Lease

at 3011 3013 & 3015 Monte Vista Blvd Contact us

Suite 3011 $12/SF/Yr

Size
3,099 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 3013 $12/SF/Yr

Size
1,989 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 3015 $12/SF/Yr

Size
2,509 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Berkshire Hathaway New Mexico Commercial Division
Listed By: Christian File · License #51587
Source: Crexi
Added: Apr 23 Changed: Aug 29 Last Checked: Aug 29 at 10:13PM

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 Berkshire Hathaway New Mexico Commercial Division

Investment Insights

Based on property information with market context.

This retail property comprises two buildings organized into three distinct spaces. The interiors feature open floor plans and high ceilings, with each space offering its own functionality while contributing to a connected commercial configuration. The improvements date to 1930 and retain established architectural character associated with the property’s setting.

Positioned on Monte Vista Boulevard in Albuquerque’s Nob Hill area, the property is located steps from the University of New Mexico. The combination of multiple spaces and adaptable interiors supports retail, entertainment, fitness, or creative studio concepts identified for the property.

Key Highlights

  • Two buildings configured as three distinct spaces
  • Open floor plans with high ceilings
  • Located steps from the University of New Mexico

Property Analytics

Current Use

Black Cat Cultural ... Cultural Center Actors Studio 66 Theater & Performing Art Venue Dartmouth Street Gallery Art Gallery

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Real Estate Agency Big Box & Wholesale Store Kitchen & Bath Showroom

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,066
Businesses Nearby
107k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 16% Electronics 2%
Taco Bell Dining
17,499 visits/mo 0.2 miles
Panda Express Dining
14,641 visits/mo 0.3 miles
Freddy's Frozen Custard & Steakburgers Dining
10,291 visits/mo 0.4 miles
FedEx Office Print & Ship Center Shops & Services
10,037 visits/mo 0.3 miles
Panera Bread Dining
9,652 visits/mo 0.3 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

This space is priced 23% below the average of $15.65 /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 - Two buildings provide flexible layouts with open interiors, high ceilings, and direct proximity to UNM in Nob Hill.
Where is this retail space located?
The property is located at 3011 3013 & 3015 Monte Vista Blvd Albuquerque, NM.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Two buildings configured as three distinct spaces; Open floor plans with high ceilings; Located steps from the University of New Mexico
(505) 289-0549 Call to check price and availability
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