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Restaurant Space Available For Lease
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15 Hotel Cir NE, Albuquerque, NM 87123

Restaurant space available for lease, single tenant, 6,226 SqFt.

Space Size6,226 SF
Days on Market692

Property Features for 15 Hotel Cir NE

General Information

Standard status Active
Size 6,226 SF
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Building Size 6,226 SF
Tenancy Single

Spaces For Lease

at 15 Hotel Cir NE Contact us

Available Space

Size
6,226 SF
Availability
Active
Contact us
Listing Agency: King Capital Commercial Real Estate
Listed By: Isaac Sanchez · License #NM-55007
Source: Crexi
Added: Oct 16, 2024 Changed: Sep 4 Last Checked: Sep 7 at 7:20AM

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 King Capital Commercial Real Estate

Investment Insights

Based on property information with market context.

This commercial real estate offers a restaurant space available for lease. The property is suitable for restaurant use and comprises 6,226 square feet. It is designed for a single tenant.

Key Highlights

  • Restaurant Property
  • Single Tenant
  • 6,226 SqFt

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store Hair Salon

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby
545k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 37% Shops & Services 27% Dining 17% Electronics 10%
Walmart Superstores
114,728 visits/mo 0.4 miles
Target Superstores
87,237 visits/mo 0.3 miles
Best Buy Electronics
50,925 visits/mo 0.3 miles
Dollar Tree Shops & Services
31,608 visits/mo 0.4 miles
Panda Express Dining
28,136 visits/mo 0.2 miles

Demographics for 87123, NM

44,110
Population
20,533
Households
2.1
Avg Household Size
40
Median Age
33%
College-Educated
89%
High-School Grad
28.9 sq mi
ZIP Area
1,526
Density / Sq Mi
$61,552
Median Household Income
$35,867
Median Earnings
$995
Median Rent
$236,400
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$33.14 /SF/Yr
Avg Asking Price
$10–$144 /SF/Yr
Price Range
6,069 SF
Avg Space Size

This space is priced 46% below the average of $33.14 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dessert Divas 9717 Copper Ave NE, Albuquerque, NM 87123

Frequently Asked Questions

What type of property is this?
Restaurant - Restaurant space available for lease, single tenant, 6,226 SqFt.
Where is this restaurant located?
The property is located at 15 Hotel Cir NE Albuquerque, NM.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Restaurant Property; Single Tenant; 6,226 SqFt
(505) 292-9607 Call to check price and availability
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