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Freestanding Building on Menaul Blvd
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3600 Menaul Blvd NE, Albuquerque, NM

Freestanding building with drive-thru, excellent visibility, and multiple access.

Space Size16,284 SF
Lot Size1.66 Acres
Days on Market543

Property Features for 3600 Menaul Blvd NE

General Information

Standard status Active
Size 16,284 SF
Lot size 1.66 Acres
Property subtype RETAIL

Spaces For Lease

at 3600 Menaul Blvd NE Contact us

3632 Menaul Blvd NE $12/SF/Yr

Floor
Bldg
Size
16,284 SF
Type
RETAIL
Availability
AVAILABLE, Now
Sublease
Yes
- Freestanding building in excellent condition - Rare large format drive-thru availability...
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Listing Agency: Colliers | Albuquerque
Listed By: Ben Perich · License #45966
Source: Moodyscre
Added: Mar 20, 2025 Changed: Sep 2 Last Checked: Sep 13 at 10:53AM

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 Colliers | Albuquerque

Investment Insights

Based on property information with market context.

This freestanding building is in excellent condition and offers a rare large format drive-thru availability along Menaul Blvd. The property benefits from superior visibility and multiple access points. It experiences excellent exposure with traffic counts exceeding 24,890 vehicles per day. Its location provides close proximity to I-40 and I-25. The sublease with Walgreens is set to expire on October 31, 2033. The property is suitable for drug stores, individual retail properties, retail properties, drive-through restaurants, and restaurants. The property has a size of 16,284 square feet.

Key Highlights

  • Rare large format drive‑thru availability along Menaul Blvd.
  • Sublease with Walgreens to expire on October 31, 2033
  • Superior visibility and multiple access points

Property Analytics

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Current Use

Heddy Long Insurance ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Grocery & Convenience Store Garden Center Storage Facility

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

1,463
Businesses Nearby
510k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 32% Dining 31% Groceries 13% Apparel 8%
Walmart Superstores
162,634 visits/mo 0.3 miles
Whole Foods Market Groceries
65,518 visits/mo 0.4 miles
McDonald's Dining
36,907 visits/mo 0.3 miles
Savers Thrift Store Apparel
30,395 visits/mo 0.1 miles
Rudy's Country Store & Bar-B-Q Dining
28,797 visits/mo 0.2 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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  • Margaret Gallegos, MS ALTURA BUILDING, 4101 Indian School Rd NE, Albuquerque, NM 87110
  • Nathan R. Varley, PharmD ALTURA BUILDING, 4101 Indian School Rd NE, Albuquerque, NM 87110

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding building with drive-thru, excellent visibility, and multiple access.
Where is this drug store located?
The property is located at 3600 Menaul 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: Rare large format drive‑thru availability along Menaul Blvd.; Sublease with Walgreens to expire on October 31, 2033; Superior visibility and multiple access points
(505) 507-1678 Call to check price and availability
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