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Retail Suites with Private Bathrooms
For Lease
$1,000-$2,100/Mo

3848 Rio Grande Boulevard NW, Albuquerque, NM 87107

CommercialLease, Albuquerque, NM

Space SizeContact for details
Lot Size0.21 Acres
Days on Market23

Property Features for 3848 Rio Grande Boulevard NW

General Information

Property type Commercial Lease
Property subtype Retail
Zoning description MX-M*
Parking 11
Parking features Guest
Directions Property is located on the SE corner of Rio Grande Blvd NW and Griegos Rd NW
Subdivision 101 - Near North Valley
Standard status Active
APN 101306117719530807
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 5832

Utilities

Heating system Ductless (Heating)
Cooling system Ductless

Amenities

private bathroom

Building Details

Floors in Building 1
Building materials Frame, Stucco
Listing Agency: Keller Williams Realty
Listed By: Peace of the Planet Properties
Added: Oct 1 Changed: Oct 23 Last Checked: Oct 23 at 3:06AM
MLS# 1112936

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The retail property contains two vacant suites, each with its own bathroom. The spaces are available individually or as a combined offering. Frame construction with stucco exterior and ductless heating and cooling serve the building, which occupies a 0.21-acre lot.

The property sits at the corner of Rio Grande Boulevard and Griegos Road in Albuquerque, near Rio Grande Shops at Flying Star Plaza. On-site guest parking is available. The site is zoned MX-M for mixed-use, subject to applicable requirements and approvals.

Key Highlights

  • Corner location at Rio Grande Boulevard and Griegos Road, near Rio Grande Shops at Flying Star Plaza
  • Two vacant retail suites available individually or together
  • Each suite has a private bathroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Strike a Pose Photo ... Photography Service Pranaya Beauty Hair Salon E P I-Pet Pet Grooming Service

Suggested Use

Top Pick Dental Office Law Firm Restaurant Building Supply Nail Salon Hair 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

Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

221
Businesses Nearby

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

Market

Lease Benchmarks for Albuquerque, NM

$20.3 /SF/Yr
Avg Asking Price
$4.02–$192 /SF/Yr
Price Range
20,405 SF
Avg Space Size

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

Frequently Asked Questions

What type of property is this?
Retail space - Two vacant units may be leased separately or together, with guest parking available on site.
Where is this retail space located?
The property is located at 3848 Rio Grande Boulevard NW Albuquerque, NM.
What is the lease rate?
The lease rate is $2,100/Mo.
What are key features of this property?
This property features: Corner location at Rio Grande Boulevard and Griegos Road, near Rio Grande Shops at Flying Star Plaza; Two vacant retail suites available individually or together; Each suite has a private bathroom
More about this property
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