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Medical Office Space with Treatment Rooms

718 Lomas Boulevard NW, Albuquerque, NM 87102

For Lease
$16 SF/Yr
Pending

Commercial Lease, Albuquerque, NM

Space Size1,773 SF
Days on Market101

Property Features for 718 Lomas Boulevard NW

General Information

Property type Commercial Lease
Property subtype Other
Zoning ABQ City
Parking 15
Directions From Lomas and Broadway, heading West on Lomas. Building is between 7th and 8th on the South side of Lomas.
Subdivision 80 - Downtown Area
Standard status Pending
APN 101405807413932814

Taxes and HOA fees

Tax Description 197 017Armijo Bros Add L 197 & 198
Tax Annual Amount 6366
Legal Description 197 017Armijo Bros Add L 197 & 198

Amenities

reception/waiting area
restrooms
storage
built-in cabinetry
sinks
on-site parking

Building Details

Floors in Building 1
Listing Agency: Keller Williams Realty
Listed By: Anne M Vallejos · License #41997
Added: Jul 30 Changed: Oct 30 Last Checked: Nov 7 at 5:06PM
MLS# 1108856

Copyright © 2026 Southwest MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,773-square-foot medical office space can be leased as a whole or separated into smaller office areas. The interior includes a reception and waiting area, several private offices, treatment or flex rooms, two restrooms, and storage. Built-in cabinetry, sinks, and ample work surfaces are also in place, following a prior medical configuration.

Dedicated on-site parking includes accessible spaces. The property is located between Downtown Albuquerque and Old Town, with access to I-25 and I-40. Zoning is designated ABQ City.

Key Highlights

  • 1,773 SF; available as a full space or divided into smaller offices
  • Reception and waiting area, private offices, and treatment/flex rooms
  • Two restrooms, storage, built‑in cabinetry, sinks, and generous work surfaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Mark Margiotta Physician Darlo Vander Wilt Physician Denise Dorner Physician Alex Jenks, DPM Physician Sarah Mele Physician

Suggested Use

Top Pick Electrical Service Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Mobile Phone Store Nursing Home

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
Highway access
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,402
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Albuquerque, NM

$19.03 /SF/Yr
Avg Asking Price
$14–$26.18 /SF/Yr
Price Range
7,700 SF
Avg Space Size

This space is priced 16% below the average of $19.03 /SF/Yr.

Properties on Market for Medical Office Space in Albuquerque

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • Albuquerque Veterinary Service — 410 central ave sw, albuquerque, nm 87102
  • Albuquerque Veterinary: Malin Paul B DVM — Albuquerque, NM 87102
  • Lomas Veterinary Clinic — 1100 Lomas Blvd NW Ste 2, Albuquerque, NM 87102

Frequently Asked Questions

What type of property is this?
Medical Office Space - A divisible layout includes reception, private offices, treatment areas, and dedicated on-site parking.
Where is this medical office space located?
The property is located at 718 Lomas Boulevard NW Albuquerque, NM.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 1,773 SF; available as a full space or divided into smaller offices; Reception and waiting area, private offices, and treatment/flex rooms; Two restrooms, storage, built‑in cabinetry, sinks, and generous work surfaces
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