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Redeveloped Retail Spaces in EDo
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701 Central Ave NE, Albuquerque, NM 87102

Newly redeveloped retail spaces in Albuquerque's EDo district.

Space Size175 SF
Days on Market933

Property Features for 701 Central Ave NE

General Information

Standard status Active
Size 175 SF
Property subtype Retail
Lease Type Gross

Building Details

Tenancy Single

Spaces For Lease

at 701 Central Ave NE Contact us

Available Space

Size
175 SF
Type
Retail
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: eXp Realty, LLC Albuquerque
Listed By: Coralee Quintana · License #NM 48091
Source: Crexi
Added: Feb 8, 2024 Changed: Aug 24 Last Checked: Aug 29 at 1:55AM

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 eXp Realty, LLC Albuquerque

Investment Insights

Based on property information with market context.

The newly redeveloped "The Imperial" is a lifestyle center in the EDo district. It features hotel rooms, executive suites, apartments, micro retail spaces, a gym, and guest laundry. The property also includes The Dive pool, bar, and dining area, featuring 3 food pods. Mojo Rising Coffee, positioned behind the coffee shop and facing Central Avenue, provides 2 retail spaces. In the rec room, there are 5 available spaces, two of which are equipped with sinks. One space on High Street without sinks is currently being offered.

Key Highlights

  • Newly redeveloped "The Imperial" Lifestyle Center in EDo.
  • Features hotel rooms, executive suites, and apartments.
  • On‑site amenities include a gym and guest laundry.

Property Analytics

Current Use

The Imperial - Newly Renovated Hotel & Motel Ex Novo Brewing ... Production Facility Suffocakes Bakery La Cocina De ... Restaurant Ursa Minor | Suffocakes Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Locksmith Pet Grooming Service Home Appliance Store Clothing & Fashion 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,732
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 51% Shops & Services 49%
Family Dollar Shops & Services
10,546 visits/mo 0.5 miles
SpringHill Suites by Marriott Albuquerque University Area Hotels & Casinos
5,173 visits/mo 0.3 miles
Hilton Garden Inn Hotels & Casinos
5,166 visits/mo 0.3 miles
BMO Harris Bank Shops & Services
1,482 visits/mo 0.2 miles
Days Inn Albuquerque Downtown Hotels & Casinos
804 visits/mo 0.1 miles

Demographics for 87102, NM

20,610
Population
11,346
Households
1.8
Avg Household Size
38
Median Age
34%
College-Educated
83%
High-School Grad
6.5 sq mi
ZIP Area
3,171
Density / Sq Mi
$37,276
Median Household Income
$29,184
Median Earnings
$868
Median Rent
$174,400
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Newly redeveloped retail spaces in Albuquerque's EDo district.
Where is this retail space located?
The property is located at 701 Central Ave NE Albuquerque, NM.
What is the lease rate?
The lease rate is $492/Mo.
What are key features of this property?
This property features: Newly redeveloped "The Imperial" Lifestyle Center in EDo.; Features hotel rooms, executive suites, and apartments.; On‑site amenities include a gym and guest laundry.
(505) 639-1266 Call to check price and availability
More about this property
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