Retail Center in Strong
For Sale
$3,300,000
5700 San Antonio Dr NE, Albuquerque, NM 87109
Retail center with stable rent roll and high visibility.
Property Size14,740 SF
Price / SF$223.88
Days on Market253
Property Features for 5700 San Antonio Dr NE
General Information
Standard status
Active
Size
14,740 SF
Property subtype
Retail
Zoning
MX-M
Site & Location
Neighborhood
Aan
Listing Agency:
NAI SunVista
Listed By:
Randall Parish · License #NM 49840
(505) 878-0001
Source:
Carnm.resimplifi
Added: Feb 24
Changed: Oct 25
Last Checked: Nov 1 at 2:28AM
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 NAI SunVista
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail center is located in a strong trade area and features contemporary buildings less than 10 years old. The property benefits from a market-competitive lease rates and easy accessibility for both tenants and their customers. The center sees approximately 133,000 visits annually from 52,300 unique visitors. The average household income within a five-mile radius is $105,340. The retail vacancy in the market is running at less than 3% for similar space. The property has a size of 14,740 square feet.
Key Highlights
- Stable rent roll
- Retail vacancy in the market is less than 3% for similar space
- $105,340 average household income within a five‑mile radius
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$211,880
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,237,600
$4.2M
Cap Rate 7%
$3,026,857
$3.0M
Cap Rate 9%
$2,354,222
$2.4M
Market Conditions
NOI Build-Up for 14,740 SF
Gross rent
$327.2K $22.20/SF
− Vacancy
−$24.5K −$1.67/SF
EGI
$302.7K $20.54/SF
− OpEx
−$90.8K −$6.16/SF
NOI
$211.9K $14.37/SF
Area
Albuquerque, NM
Vacancy
7.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,237,600
Cap Rate 7%
$3,026,857
Cap Rate 9%
$2,354,222
Alternative Uses
Best Use
Retail
$3.03M
$2.65M – $3.53M
NOI $211,880 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.57M
$3.12M – $4.16M
NOI $249,613 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,113
Businesses Nearby
71k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Hotels & Casinos 15%
Shops & Services 7%
Cracker Barrel Old Country Store
Dining
36,091 visits/mo
0.3 miles
Blake's LotaBurger
Dining
10,893 visits/mo
0.2 miles
Denny's
Dining
7,970 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,215 visits/mo
0.2 miles
Hilton Garden Inn Albuquerque/Journal Center
Hotels & Casinos
3,122 visits/mo
0.3 miles
Demographics for 87109, NM
40,740
Population
20,826
Households
2
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
10.0 sq mi
ZIP Area
4,074
Density / Sq Mi
$56,295
Median Household Income
$41,798
Median Earnings
$1,112
Median Rent
$298,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Albuquerque, NM
Similar Off Market Nearby
- Far North Llc — 6300 San Mateo Blvd NE, Albuquerque, NM 87109
- Market Place at Journal Center — 7600 Jefferson St NE, Albuquerque, NM 87109
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with stable rent roll and high visibility.
Where is this shopping center located?
The property is located at 5700 San Antonio Dr NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: Stable rent roll; Retail vacancy in the market is less than 3% for similar space; $105,340 average household income within a five‑mile radius
