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Retail Building with Service Window
New
For Lease
$2,867/Mo

5105 Homestead Cir NW, Albuquerque, NM 87120

The property faces LBJ Middle School across a signalized intersection, with access from two streets.

Space SizeContact for details
Days on Market2

Property Features for 5105 Homestead Cir NW

General Information

Standard status Active
Property subtype Retail

Additional Details

Road Access Yes

Amenities

walk-up window
Listing Agency: El Paso
Listed By: Bob Feinberg · License #9916
Source: Colliers
Added: Oct 12 Changed: Oct 13 Last Checked: Oct 13 at 2:14AM

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 El Paso

Investment Insights

Based on property information with market context.

This freestanding retail property contains 2,867 square feet and features a walk-up service window. Parking is available on site, and the building is offered for rent.

The property sits across a signalized intersection from LBJ Middle School in Albuquerque. Access is available from Homestead Circle and Taylor Ranch Road.

Key Highlights

  • 2,867‑square‑foot freestanding retail building
  • Walk‑up service window
  • Across a signalized intersection from LBJ Middle School

Property Analytics

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Current Use

Xpress Mobile Tire (Bike/Boat/Book/etc) Store Devin's Appliance Service Home Appliance Store

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Restaurant Dental Office

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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Garcia's Mexican Restaurant Dining
3,413 visits/mo 0.2 miles
7-Eleven Shops & Services
2,919 visits/mo 0.1 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Albuquerque, NM

$20.6 /SF/Yr
Avg Asking Price
$8.13–$192 /SF/Yr
Price Range
20,569 SF
Avg Space Size

This space is priced 42% below the average of $20.6 /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 - The property faces LBJ Middle School across a signalized intersection, with access from two streets.
Where is this retail space located?
The property is located at 5105 Homestead Cir NW Albuquerque, NM.
What is the lease rate?
The lease rate is $2,867/Mo.
What are key features of this property?
This property features: 2,867‑square‑foot freestanding retail building; Walk‑up service window; Across a signalized intersection from LBJ Middle School
More about this property
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