5901 Isleta Blvd SW, Albuquerque, NM 87105
Family Dollar NNN property for sale in Albuquerque's South Valley.
- Added:
- Jan 21, 2026
- Days on Market:
- 156
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 5901 Isleta Blvd SW
General Information
- Standard status
- Active
- Size
- 8,320 SF
- Property subtype
- Retail
Listing office The Alexander Group
Listing date Jan 21, 2026
Source Crexi
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 The Alexander Group
HighLights
- Absolute NNN lease offers a truly passive investment.
- Anchored by Family Dollar, a nationally recognized retailer.
- Located on a well‑traveled corridor in Albuquerque's South Valley.
- Reliable neighborhood shopping destination.
- Net Operating Income (NOI) based on a 7.56% cap rate.
- Scheduled 10% rental increase due 05/01/2027.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.8k | $16.20 |
| − Vacancy | −$9.4k | −$1.13 |
| EGI | $125.3k | $15.07 |
| − OpEx | −$31.3k | −$3.77 |
| NOI | $94.0k | $11.30 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Sandoval
- State
- New Mexico
- Longitude
- -106.6948459
- Latitude
- 34.9934874