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Flex Warehouse with Office/Retail
For Lease
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3320 2nd St NW, Albuquerque, NM 87107

Well-maintained flex warehouse with office/retail space for rent.

Property Size11,100 SF
Days on Market764

Property Features for 3320 2nd St NW

General Information

Standard status Active
Size 11,100 SF
Property subtype Retail, Restaurant

Building Details

Year Built 1972
Listing Agency: NAI Sun Vista
Listed By: Alexis Lovato · License #NM 55026
Source: Crexi
Added: Jun 27, 2024 Changed: Jul 6 Last Checked: Jul 29 at 6:35AM

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 Sun Vista

Investment Insights

Based on property information with market context.

This centrally-located flex warehouse with office and retail space is less than a mile from I-40 and I-25. The property features approximately 2,500 square feet of office and retail storefront space, and approximately 8,600 square feet of warehouse space. The warehouse has ceiling heights of approximately 14 to 16 feet and 3-phase power. The site has secure perimeter fencing and great pylon signage, with excellent visibility of approximately 18,200 cars per day. The property was formerly the site of Pastians Bakery, a business established in 1972. A turn-key bakery with all FF&E is in place, which the owner will remove if not wanted.

Key Highlights

  • Centrally‑located less than a mile from I‑40 & I‑25.
  • Turn‑key bakery with all FF&E in place (owner will remove if not wanted).
  • Excellent visibility with ±18,200 cars per day.

Property Analytics

Current Use

Pastian's Bakery Bakery

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Skin Care Clinic

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby
Under-served
Demand for This Use

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Well-maintained flex warehouse with office/retail space for rent.
Where is this conventional restaurant located?
The property is located at 3320 2nd St NW Albuquerque, NM.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Centrally‑located less than a mile from I‑40 & I‑25.; Turn‑key bakery with all FF&E in place (owner will remove if not wanted).; Excellent visibility with ±18,200 cars per day.
(505) 878-0001 Call to check price and availability
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