Listing Agency: Base 5 Retail Partners d***@base5retail.com Show Phone

Listed By: David Chavez Show Phone

Source: Carnm.resimplifi

Added: Jun 1 Changed: Aug 28 Last Checked: Aug 26 at 12:18PM

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Property Analytics

Property Profile

Current Use

Office Depot (Bike/Boat/Book/etc) Store CDReload - Online Bitcoin ... Crypto Atm FedEx Drop Box Postal Service FedEx ShipSite Postal Service Office Depot Tech ... Tech Support Center

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Auto Repair Shop

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

Location Intelligence

Trade Area within ½ mile

536

Businesses Nearby

548k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 37% Shops & Services 26% Dining 17% Electronics 10%

Walmart Superstores

114,728 visits/mo 0.4 miles

Target Superstores

87,237 visits/mo 0.1 miles

Best Buy Electronics

50,925 visits/mo 0.2 miles

Dollar Tree Shops & Services

31,608 visits/mo 0.4 miles

Panda Express Dining

28,136 visits/mo 0.2 miles

Demographics for 87123, NM

44,110

Population

20,533

Households

2.1

Avg Household Size

40

Median Age

33%

College-Educated

89%

High-School Grad

28.9 sq mi

ZIP Area

1,526

Density / Sq Mi

$61,552

Median Household Income

$35,867

Median Earnings

$995

Median Rent

$236,400

Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$12.5 /SF/Yr

Avg Asking Price

$9–$16 /SF/Yr

Price Range

19,204 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

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Frequently Asked Questions

Where is this shopping center located?

The property is located at 40 Hotel Cir NE Albuquerque, NM.