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Drive-Thru Restaurant on Central Ave
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5201 Central Ave NE, Albuquerque, NM 87108

Large drive-thru restaurant space available on a hard corner.

Space Size14,204 SF
Days on Market940

Property Features for 5201 Central Ave NE

General Information

Standard status Active
Size 14,204 SF
Property subtype Retail

Building Details

Building Size 14,204 SF
Tenancy Single

Spaces For Lease

at 5201 Central Ave NE Contact us

Available Space

Size
14,204 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Colliers - Albuquerque, New Mexico
Listed By: Ben Perich · License #NM 45966
Source: Crexi
Added: Jan 26, 2024 Changed: Aug 8 Last Checked: Aug 20 at 1:09PM

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 Colliers - Albuquerque, New Mexico

Investment Insights

Based on property information with market context.

This property offers a rare, large-format drive-thru opportunity situated along Central Avenue. It benefits from a signalized hard corner location at the intersection of two major thoroughfares, providing superior visibility and multiple full access points. The location experiences high traffic volume, with counts exceeding 40,200 vehicles per day. It is located near the Louisiana Albuquerque Rapid Transit (ART) stop. The property is available as a sublease with Walgreens, set to expire on January 15, 2033.

Key Highlights

  • Rare large format drive‑thru availability.
  • Sublease with Walgreens to expire on January 15, 2033.
  • Signalized hard corner at two major arterials.

Property Analytics

Current Use

Dalia Arafat, RPH Pharmacy Western Union Bank COVID-19 Drive-Thru Testing ... Medical Laboratory New Mexico Early ... High School Albuquerque Bilingual Academy ... High School

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Bakery (Bike/Boat/Book/etc) 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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 64% Dining 36%
Church's Chicken Dining
6,268 visits/mo 0.1 miles
AutoZone Shops & Services
3,861 visits/mo 0.3 miles
BMO Harris Bank Shops & Services
3,060 visits/mo 0.2 miles
Advance Auto Parts Shops & Services
3,046 visits/mo 0.4 miles
Pep Boys Auto Parts & Service Shops & Services
1,023 visits/mo 0.5 miles

Demographics for 87108, NM

36,773
Population
19,153
Households
1.9
Avg Household Size
39
Median Age
33%
College-Educated
85%
High-School Grad
5.9 sq mi
ZIP Area
6,233
Density / Sq Mi
$39,578
Median Household Income
$31,478
Median Earnings
$828
Median Rent
$227,600
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Large drive-thru restaurant space available on a hard corner.
Where is this drive through restaurant located?
The property is located at 5201 Central Ave NE Albuquerque, NM.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Rare large format drive‑thru availability.; Sublease with Walgreens to expire on January 15, 2033.; Signalized hard corner at two major arterials.
(505) 883-7676 Call to check price and availability
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