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    11130 Lomas Blvd Albuquerque, NM 87112

    For Lease
    Contact for pricing

    Prime Restaurant Space, Multiple Units

    Lot size:
    30,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Market Center Crossing in Albuquerque, New Mexico, offers exceptional restaurant opportunities within a thriving power center. This property, located at 11130 Lomas Blvd NE, zip code 87112, boasts a highly visible location on I-40 in the Northeast Heights submarket of Bernalillo County. The center underwent a complete redevelopment in 2015, resulting in modern storefronts, updated landscaping, and inviting common areas. Four restaurant spaces are currently available, ranging in size from 1,490 square feet to 23,497 square feet, providing flexibility for various concepts. The property is zoned MX-M, allowing for a diverse range of uses. The center is strategically anchored by major retailers including Target, Best Buy, and At Home, ensuring high foot traffic and strong visibility for your business. Ample on-site parking is available, catering to the needs of both customers and employees. This is an unparalleled opportunity to establish a successful restaurant in a vibrant and well-maintained power center, benefiting from the established presence of national retailers and a strong local customer base. The property's location on I-40 provides excellent accessibility and visibility for potential customers. Consider this prime location for your next restaurant venture.

    Property Features for 11130 Lomas Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,188 SF

    Unit(s) available at that property

    Space
    H-1
    Size
    23,497 SF
    Space
    Suite F-5
    Size
    3,163 SF
    Space
    F-4
    Size
    2,038 SF
    Space
    F-3
    Size
    1,490 SF

    HighLights

    • Four restaurant spaces available, 1,490 - 23,497 SF.
    • High‑visibility location on I‑40 in Albuquerque's Northeast Heights.
    • Power center anchored by Target, Best Buy, and At Home.
    • Modern, redeveloped center (2015) with ample parking.
    • MX‑M zoning allows diverse restaurant uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Karen's Hallmark Shop Greeting Card Shop Coronado Family Dental Dentist D'Ambrosio Designs Hair ... Beauty Salon Dr. Noah Ng Dentist Meraki Solar Albuquerque Solar Energy Equipment Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.52895948688
    Latitude
    35.085579770069

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Restaurant Space, Multiple Units
    Where is this neighborhood center located?
    The property is located at 11130 Lomas Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: Four restaurant spaces available, 1,490 - 23,497 SF.; High-visibility location on I-40 in Albuquerque's Northeast Heights.; Power center anchored by Target, Best Buy, and At Home.
    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
    11130 Lomas Blvd Albuquerque, NM 87112
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