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Retail Space on Central Avenue
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4000 Central Avenue Southwest, Albuquerque, NM 87105

Retail space available in Albuquerque, previously used for cannabis cultivation.

Property Size3,420 SF
Days on Market72

Property Features for 4000 Central Avenue Southwest

General Information

Standard status Active
Size 3,420 SF
Property subtype Retail
Listing Agency: Duke City Commercial
Listed By: Joe Farr · License #NM 19522QB
Source: Crexi
Added: May 20 Changed: Jul 10 Last Checked: Jul 29 at 11:53AM

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 Duke City Commercial

Investment Insights

Based on property information with market context.

Located on Central Avenue in Albuquerque, this property features a retail space of 3,420 square feet. The space was previously used for cannabis cultivation. The property is primarily occupied by retail tenants. There is a possible laundromat opportunity.

Key Highlights

  • 3,420 square feet of available space.
  • Previously used for cannabis cultivation.
  • Mostly retail tenants.

Property Analytics

Current Use

Metro by T-Mobile Mobile Phone Store Cowboys & Indians Antiques Home Decor Store The Bella Studio & Events Hotel & Motel Zumba Classes Gym & Fitness Center In and Out Smoke Shop (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Law Firm Spa & Massage Center

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

482
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 69% Dining 31%
Church's Chicken Dining
6,268 visits/mo 0.1 miles
AutoZone Shops & Services
3,861 visits/mo 0.3 miles
BMO Harris Bank Shops & Services
3,060 visits/mo 0.1 miles
Advance Auto Parts Shops & Services
3,046 visits/mo 0.5 miles
Chevron Shops & Services
2,776 visits/mo 0.4 miles

Demographics for 87105, NM

54,151
Population
20,263
Households
2.7
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
40.2 sq mi
ZIP Area
1,347
Density / Sq Mi
$49,928
Median Household Income
$32,490
Median Earnings
$972
Median Rent
$200,300
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$28.12 /SF/Yr
Avg Asking Price
$8.85–$216 /SF/Yr
Price Range
12,809 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in Albuquerque, previously used for cannabis cultivation.
Where is this retail space located?
The property is located at 4000 Central Avenue Southwest Albuquerque, NM.
What are key features of this property?
This property features: 3,420 square feet of available space.; Previously used for cannabis cultivation.; Mostly retail tenants.
(505) 463-6915 Call to check price and availability
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