Search
Freestanding Building with Drive-Thru
For Lease
$12 SF/Yr Modified Gross

3632 Menaul Blvd NE, Albuquerque, NM 87110

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

Space SizeContact for details
Days on Market201

Property Features for 3632 Menaul Blvd NE

General Information

Standard status Active
Property subtype Retail
Zoning MX-M
Lease Type Modified Gross

Amenities

Drive-Thru

Spaces For Lease

at 3632 Menaul Blvd NE
Available Space $12/Mo
Contact us
Listing Agency: Colliers - NM
Listed By: Benjamin Perich
Source: Carnm.resimplifi
Added: Mar 26 Changed: Oct 3 Last Checked: Oct 11 at 3:02AM

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 - NM

Investment Insights

Based on property information with market context.

This freestanding building is in excellent condition and features a rare large format drive-thru. The property offers superior visibility and multiple access points. It benefits from excellent exposure, with traffic counts exceeding 24,890 vehicles per day. The location provides close proximity to I-40 and I-25. The sublease with Walgreens is set to expire on October 31, 2033. All offers are subject to Walgreens Real Estate Committee approval. The property is located on Menaul Blvd NE in Albuquerque, NM.

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

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Walgreens Pharmacy Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Keo K. Vongvichith, ... Pharmacy FedEx OnSite Postal Service Walgreens Pharmacy

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
Balanced
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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$27.58 /SF/Yr
Avg Asking Price
$8.13–$192 /SF/Yr
Price Range
9,761 SF
Avg Space Size

This space is priced 56% below the average of $27.58 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Prime — 3500 menaul blvd ne, albuquerque, nm 87107
  • Oliver Same Day Flower Delivery Albuquerque — 4166 menaul blvd ne, albuquerque, nm 87110
  • Send Flowers 24x7 - Same Day Flower Delivery — 2620 carlisle blvd ne, albuquerque, nm 87110
  • Savon Florist Supply Co. — Albuquerque, NM 87110
  • Fall Flowers — albuquerque, nm 87110

Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding building with drive-thru, high visibility, and multiple access.
Where is this storefront property located?
The property is located at 3632 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again