Building Details

Tenancy Multi

Listing Agency: Allen Sigmon Real Estate Group Show Phone

Listed By: Thomas Mortensen · License #50516AB Show Phone

Source: Moodyscre

Added: Jun 12, 2025 Changed: Jul 30 Last Checked: Jul 30 at 9:00AM

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Investment Insights

Based on property information with market context.

Laramie Square Shopping Center presents a leasing opportunity with several retail suites available. Suite 3204 is 1,407 SF, Suite 3202 is 606 SF, Suite 3100-A is 1,400 SF, Suite 3208-B is 3,640 SF, Suite 3208 is 2,000 SF, and Suite 3244 is 1,620 SF. Suites are offered on a basis that includes NNN expenses.

The center is designed for retail visibility, with ample parking and polysigns. Tenants also benefit from unobstructed views of San Mateo Blvd.

With multiple sizes available, Laramie Square can accommodate a range of retail footprints within the same shopping center environment.

Key Highlights

• Multiple retail suites available within Laramie Square Shopping Center
• Suite 3204 offers 1,407 SF
• Suite 3202 offers 606 SF

Property Analytics

Current Use

Tapia's Fight Shop (Bike/Boat/Book/etc) Store Alta Vida - Dispensary ... (Bike/Boat/Book/etc) Store Tapia boxing Academy Gym & Fitness Center Denture Care of Albuquerque Dental Office

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Hotel & Motel Catering Service Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

710

Businesses Nearby

85k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 61% Apparel 22% Dining 16% Electronics 2%

dd's DISCOUNTS Shops & Services

30,851 visits/mo 0.2 miles

Big 5 Sporting Goods Apparel

12,391 visits/mo 0.4 miles

Shell Shops & Services

10,226 visits/mo 0.2 miles

Melrose Apparel

5,991 visits/mo 0.2 miles

Church's Chicken Dining

5,926 visits/mo 0.2 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

Lease Benchmarks for Albuquerque, NM

$11.6 /SF/Yr

Avg Asking Price

$9–$14 /SF/Yr

Price Range

48,502 SF

Avg Space Size

This space is priced 3% above the average of $11.6 /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

Questions? Ask Rey

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What type of property is this? Where is this shopping centers located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Shopping center - Laramie Square offers multiple retail suites with ample parking, polysigns, and unobstructed views of San Mateo Blvd.

Where is this shopping center located?

The property is located at 3100 San Mateo Blvd NE Albuquerque, NM.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Multiple retail suites available within Laramie Square Shopping Center; Suite 3204 offers 1,407 SF; Suite 3202 offers 606 SF