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Adjacent Retail Suites
For Lease
$2,800/Mo

503 San Mateo Blvd NE, Albuquerque, NM 87108

Two neighboring units offer flexible layouts for retail, service, or food uses.

Space Size1,863 SF
Days on Market122

Property Features for 503 San Mateo Blvd NE

General Information

Standard status Active
Size 1,863 SF
Net Rentable 1,863 SF
Property subtype Office
Zoning MX-L
Lease Type NNN

Space & Availability

Available Space 1,863 SF
Contiguous Space 1,863 SF
Space Use Retail

Additional Details

Traffic Count 35,000 vehicles/day

Amenities

Vacant

Building Details

Tenancy Multi

Spaces For Lease

at 503 San Mateo Blvd NE Contact us

Available Space $2,800/Mo

Contact us
Listing Agency: Commercial Real Estate Services
Listed By: J. Richard Rivas
Source: Carnm.resimplifi
Added: Apr 30 Changed: Aug 28 Last Checked: Aug 29 at 5:58AM

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 Commercial Real Estate Services

Investment Insights

Based on property information with market context.

Two adjoining retail suites provide a combined ±1,863 SF opportunity at 503 San Mateo Blvd NE in Albuquerque. The spaces are described as having flexible layouts and are positioned for retail, service, or food-related occupancy. The property carries MX-L zoning.

San Mateo Blvd serves as a heavily traveled commercial corridor with approximately ~35,000+ VPD. The address offers direct placement along the corridor, with exposure suited to businesses seeking customer-facing space in an active retail setting.

Key Highlights

  • Two adjacent retail suites available for a combined ±1,863 SF
  • Located at 503 San Mateo Blvd NE, Albuquerque, NM 87108
  • Approximately ~35,000+ VPD along San Mateo Blvd

Property Analytics

Current Use

Sernas Optical Ophthalmologist New Mexico Concealed ... Marketing & Advertising

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Travel Agency Butcher Tanning Salon Carpet & Flooring 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

35,000 VPD
Traffic count
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.71 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,028
Businesses Nearby
115k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 37% Dining 32% Groceries 18% Home Improvements & Furnishings 6%
Sprouts Farmers Market Groceries
20,894 visits/mo 0.3 miles
Dion's Pizza Dining
15,979 visits/mo 0.4 miles
Taco Bell Dining
9,430 visits/mo 0.4 miles
Dollar General Shops & Services
8,745 visits/mo 0.4 miles
Mister Car Wash Shops & Services
8,411 visits/mo 0.4 miles

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$15.65 /SF/Yr
Avg Asking Price
$8.85–$25 /SF/Yr
Price Range
18,492 SF
Avg Space Size

This space is priced 15% above the average of $15.65 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Two neighboring units offer flexible layouts for retail, service, or food uses.
Where is this retail space located?
The property is located at 503 San Mateo Blvd NE Albuquerque, NM.
What is the lease rate?
The lease rate is $2,800/Mo.
What are key features of this property?
This property features: Two adjacent retail suites available for a combined ±1,863 SF; Located at 503 San Mateo Blvd NE, Albuquerque, NM 87108; Approximately ~35,000+ VPD along San Mateo Blvd
More about this property
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