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Verizon Wireless NNN Retail Property
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4111 Coors Blvd NW, Albuquerque, NM 87120

Freestanding retail asset occupied under a double-net lease with extension options and scheduled rental increases.

Property Size3,500 SF
Lot Size0.77 Acres
Days on Market145

Property Features for 4111 Coors Blvd NW

General Information

Standard status Active
Size 3,500 SF
Lot size 0.77 Acres
Property subtype Retail

Building Details

Year Built 2018
Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 6:10PM

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 SURMOUNT

Investment Insights

Based on property information with market context.

Verizon Wireless occupies a 3,500-square-foot retail building at 4111 Coors Boulevard Northwest in Albuquerque, New Mexico. Constructed in 2018, the property is positioned on an approximately 0.77-acre parcel and is configured for the existing retail use.

The tenancy is governed by a 10-year double-net lease that began in January 2018. The agreement includes two five-year renewal options, with 10% rental increases during each option period. If both options are exercised, the potential lease term extends to 20 years.

Key Highlights

  • Verizon Wireless retail tenancy at 4111 Coors Boulevard Northwest
  • 3,500 rentable square feet on an approximately 0.77‑acre parcel
  • Building constructed in 2018

Property Analytics

Current Use

Verizon Mobile Phone Store

Suggested Use

Top Pick Building Supply Law Firm HVAC Service Electrical Service Garden Center (Bike/Boat/Book/etc) Store

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

320
Businesses Nearby
94k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 96% Electronics 4%
Chick-fil-A Dining
49,755 visits/mo 0.2 miles
Panera Bread Dining
14,538 visits/mo 0.1 miles
Blake's LotaBurger Dining
13,946 visits/mo 0.1 miles
Starbucks Dining
9,199 visits/mo 0.1 miles
Little Caesars Pizza Dining
3,420 visits/mo 0.5 miles

Demographics for 87120, NM

64,643
Population
27,432
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
93%
High-School Grad
57.6 sq mi
ZIP Area
1,122
Density / Sq Mi
$84,887
Median Household Income
$49,726
Median Earnings
$1,404
Median Rent
$276,900
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding retail asset occupied under a double-net lease with extension options and scheduled rental increases.
Where is this nnn property located?
The property is located at 4111 Coors Blvd NW Albuquerque, NM.
What are key features of this property?
This property features: Verizon Wireless retail tenancy at 4111 Coors Boulevard Northwest; 3,500 rentable square feet on an approximately 0.77‑acre parcel; Building constructed in 2018
(332) 345-4222 Call to check price and availability
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