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845 Juan Tabo Blvd NE Albuquerque, NM 87123

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For Sale
$4,340,000

Fully leased retail property with drive-thru and fee simple ownership.

Type:Retail
Property size:
5,376 SF
Added:
Apr 1, 2026
Days on Market:
22
Last Refresh:
Apr 1 at 11:32 am

Property Features for 845 Juan Tabo Blvd NE

General Information

Standard status
Active
Size
5,376 SF
Property subtype
Retail

Building Details

Year Built
2025

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Listing Contact
Jeff Conover
Jeff Conover

Listing agent Jeff Conover License #CalDRE #01008195

Listing office Faris Lee Investments

Listing date Apr 1, 2026

Source Farislee

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 Faris Lee Investments


Overview

Retail Property on Hard Corner

This 5,376 square foot retail property is fully leased to El Pollo Loco, Jamba, and Xfinity/Comcast. The property features a drive-thru and fee simple ownership. It is located on a prime hard-corner signalized intersection with approximately 51,000 vehicles per day, offering a freestanding drive-thru retail asset with strong visibility. The property is 100% leased with long-term NNN leases, providing passive management with tenants covering taxes, insurance, and CAM. The leases include 10% rent escalations every 5 years, ensuring predictable income growth and long-term value. Fee simple ownership of the land and building provides tax advantages, strong cash flow, and accelerated depreciation opportunities. The property is situated in a high-profile retail corridor at Juan Tabo Boulevard and Lomas Boulevard, across from Albertson's and McDonald's, and in close proximity to Manzano High School.
Location Intelligence

Current Use by Public Records

Texaco Auto Repair Shop

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Albuquerque
County
Sandoval
State
New Mexico
Longitude
-106.515528
Latitude
35.0863931

FAQs

What type of property is this?
Retail space - Fully leased retail property with drive-thru and fee simple ownership.
Where is this retail space located?
The property is located at 845 Juan Tabo Blvd NE Albuquerque, NM.
What is the asking price?
The asking price for this property is $4,340,000.
What are key features of this property?
This property features: 100% leased to El Pollo Loco, Jamba, and Xfinity/Comcast, providing passive management.; Long‑term NNN leases with tenants covering taxes, insurance, and CAM.; **Prime hard‑corner location at a signalized intersection with ±51K VPD and strong visibility.**
More about this property
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