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Retail/Office Space Build-Out Opportunity
For Lease
$16 SF/Yr Modified Gross

8618 Menaul Blvd NE, Albuquerque, NM 87112

Approximately 2,178 SF retail or office space available for rent.

Space SizeContact for details
Days on Market116

Property Features for 8618 Menaul Blvd NE

General Information

Standard status Active
Property subtype Retail
Zoning MX-M
Lease Type Modified Gross

Amenities

Vacant

Spaces For Lease

at 8618 Menaul Blvd NE Contact us

Available Space $16/Mo

Contact us
Listing Agency: NAI SunVista
Listed By: Lisa Mercer, CCIM
Source: Carnm.resimplifi
Added: May 22 Changed: Sep 10 Last Checked: Sep 13 at 4:39AM

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 NAI SunVista

Investment Insights

Based on property information with market context.

This commercial space offers a custom build-out opportunity, encompassing approximately 2,178 square feet. The property is suitable for either retail or office use. It is located on Menaul Boulevard Northeast in Albuquerque, NM.

Key Highlights

  • Custom build‑out opportunity to create your ideal space.
  • ±2,178 SF available.
  • Year Built: 1984.

Property Analytics

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Open Analytics

Current Use

LNT Cleaners (Bike/Boat/Book/etc) Store By walmart Electronics Vending Machine Duke City Art ... (Bike/Boat/Book/etc) Store Asian Massage Alternative Medicine Practice

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Garden Center Hotel & Motel (Bike/Boat/Book/etc) Store Big Box & Wholesale 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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,319
Businesses Nearby

Demographics for 87112, NM

42,487
Population
20,083
Households
2.1
Avg Household Size
42
Median Age
38%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
5,245
Density / Sq Mi
$69,610
Median Household Income
$41,427
Median Earnings
$1,056
Median Rent
$254,400
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

$20.46 /SF/Yr
Avg Asking Price
$8.13–$192 /SF/Yr
Price Range
18,227 SF
Avg Space Size

This space is priced 22% below the average of $20.46 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Approximately 2,178 SF retail or office space available for rent.
Where is this retail space located?
The property is located at 8618 Menaul Blvd NE Albuquerque, NM.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Custom build‑out opportunity to create your ideal space.; ±2,178 SF available.; Year Built: 1984.
More about this property
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