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    701 Central Ave Albuquerque, NM 87102

    Sponsored
    For Lease
    $82 SF/Yr

    Prime Central Ave. Retail Opportunity

    Lot size:
    175 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 175 sq. ft. retail space is located within The Imperial, a newly redeveloped lifestyle center in Bernalillo County. Situated in a vibrant mixed-use development, this single-tenant property offers unparalleled visibility and accessibility. The Imperial boasts a diverse range of amenities including hotel rooms, executive suites, apartments, a gym, guest laundry, and a captivating pool, bar, and dining area featuring three food pods. This particular space is ideally positioned behind Mojo Rising Coffee, facing Central Avenue, ensuring high foot traffic and brand exposure. The property is part of a larger collection of micro retail spaces within The Imperial, some of which include built-in sinks. Currently, two similar spaces on High Street, without sinks, are being offered at a special introductory rate of $800 per month. This presents a unique opportunity for a small business seeking a high-traffic location within a thriving community. The property's location within The Imperial provides a synergistic environment, benefiting from the diverse clientele and amenities offered within the complex. This is an excellent opportunity to establish a presence in a dynamic and rapidly growing area. The space is ready for immediate occupancy, allowing for a quick start to your business operations. Don't miss this chance to secure a prime retail location in a thriving lifestyle center.

    Property Features for 701 Central Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    175 SF

    Unit(s) available at that property

    Space
    Size
    175 SF
    Rate per SF
    $82

    HighLights

    • Retail property in Bernalillo County.
    • Single‑tenant retail space.
    • 175 square feet.
    • Located in the newly redeveloped Imperial Lifestyle Center.
    • Two spaces available on High Street for $800/month (move‑in special).
    Property Profile Location Intelligence

    Current Use by Public Records

    The Imperial - Newly Renovated Motel Ex Novo Brewing ... Brewery Suffocakes Bakery La Cocina De ... Restaurant Ursa Minor | Suffocakes Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Law Firm Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.63976887938
    Latitude
    35.08308481549

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    FAQs

    What type of property is this?
    Retail property - Prime Central Ave. Retail Opportunity
    Where is this retail property located?
    The property is located at 701 Central Ave Albuquerque, NM.
    What is the lease rate?
    The lease rate is $82 SF/Yr.
    What are key features of this property?
    This property features: Retail property in Bernalillo County.; Single-tenant retail space.; 175 square feet.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    701 Central Ave Albuquerque, NM 87102
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