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    6700 Central Ave Albuquerque, NM 87121

    For Lease
    Contact for pricing

    High-traffic location, 2,712 sq ft.

    Lot size:
    2,712 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional single-tenant retail property, located at 6700 Central Ave SW in Albuquerque, New Mexico, presents a unique investment opportunity. Situated on a 0.68-acre lot at the high-volume intersection of Central and Coors Avenues, this 2,712 square foot building boasts a highly desirable drive-thru configuration, perfectly suited for a variety of quick-service businesses. The property features a single-story building with no elevators, zoned MX-M within Bernalillo County. Its convenient location in the 87121 zip code offers excellent visibility and accessibility for customers. The property's single-tenant occupancy simplifies management and provides a stable income stream. The substantial lot size provides ample space for potential expansion or outdoor seating. This turnkey operation is ready for immediate occupancy, making it an attractive option for both established businesses and new ventures seeking a prime location in a thriving Albuquerque market. The property's strategic placement at a busy intersection ensures high foot and vehicle traffic, maximizing exposure and potential revenue. This is an exceptional opportunity to acquire a well-positioned retail property in a dynamic and growing area.

    Property Features for 6700 Central Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,712 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,712 SF

    HighLights

    • 2,712 SF single‑tenant retail building with drive‑thru, situated on a 0.68‑acre lot at the high‑traffic intersection of Central and Coors Avenues in Albuquerque, NM.
    • Excellent visibility from Central Ave, boasting 18,700 vehicles per day (VPD).
    • Large monument signage opportunity available.
    • Located in a strong retail corridor with national, regional, and local co‑tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Carl's Jr. Fast Food Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.71199448912
    Latitude
    35.079064526694

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    FAQs

    What type of property is this?
    Retail property - High-traffic location, 2,712 sq ft.
    Where is this retail property located?
    The property is located at 6700 Central Ave Albuquerque, NM.
    What are key features of this property?
    This property features: 2,712 SF single-tenant retail building with drive-thru, situated on a 0.68-acre lot at the high-traffic intersection of Central and Coors Avenues in Albuquerque, NM.; Excellent visibility from Central Ave, boasting 18,700 vehicles per day (VPD).; Large monument signage opportunity available.
    Request Owner's contact information
    6700 Central Ave Albuquerque, NM 87121
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    Albuquerque, NM 87121
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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
    6700 Central Ave Albuquerque, NM 87121
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