Building Details

Tenancy Multi

Listing Agency: SVN | Walt Arnold Commercial Brokerage, Inc. w***@svn.com Show Phone

Listed By: Walt Arnold · License #NM 9117

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:35PM

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Investment Insights

Based on property information with market context.

This retail property is configured as four separate units and is fully occupied. The asset is located at 640 Old Coors Dr SW in Albuquerque, New Mexico.

Key Highlights

• Four retail units
• Fully occupied
• 640 Old Coors Dr SW, Albuquerque, NM 87121

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Spa & Massage Center Electrical Service HVAC Service

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

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

423

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Chevron Shops & Services

2,776 visits/mo 0.2 miles

Demographics for 87121, NM

77,802

Population

26,118

Households

3

Avg Household Size

31

Median Age

13%

College-Educated

80%

High-School Grad

336.9 sq mi

ZIP Area

231

Density / Sq Mi

$59,184

Median Household Income

$34,738

Median Earnings

$1,277

Median Rent

$192,500

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Fully occupied retail asset containing multiple commercial units.

Where is this retail space located?

The property is located at 640 Old Coors Dr SW Albuquerque, NM.

What are key features of this property?

This property features: Four retail units; Fully occupied; 640 Old Coors Dr SW, Albuquerque, NM 87121