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Retail Space Available For Lease
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1698 Rio Bravo Blvd SW, Albuquerque, NM 87105

2,444+- sf retail space available for lease.

Space Size2,444 SF
Property Size22,405 SF
Days on Market2138

Property Features for 1698 Rio Bravo Blvd SW

General Information

Standard status Active
Size 2,444 SF
Class B
Property subtype Retail
Lease Type NNN

Building Details

Building Size 22,405 SF
Year Built 1988
Tenancy Multiple

Spaces For Lease

at 1698 Rio Bravo Blvd SW Contact us

Available Space 4

Size
2,444 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: SVN | Walt Arnold Commercial Brokerage, Inc.
Listed By: Steve Lyon · License #NM 15729
Source: Crexi
Added: Oct 24, 2020 Changed: Aug 28 Last Checked: Aug 30 at 6:36PM

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 SVN | Walt Arnold Commercial Brokerage, Inc.

Investment Insights

Based on property information with market context.

A 2,444+- square foot retail space is available for lease. The property is located next to The Wash Tub.

Key Highlights

  • 2,444+- sf retail space available for lease.
  • Located next to The Wash Tub.
  • Built in 1988.

Property Analytics

Current Use

Wash Tub Laundromat (Bike/Boat/Book/etc) Store Comfort Dental of Rio ... Dental Office McGarry Cody DDS Dental Office New Mexico Credit ... Loan Service Western Union Bank

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Spa & Massage Center Parking Lot & Garage

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

342
Businesses Nearby
170k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 28% Groceries 24% Electronics 3%
Albertsons Groceries
40,853 visits/mo 0.1 miles
McDonald's Dining
26,881 visits/mo 0.1 miles
Circle K Shops & Services
15,100 visits/mo 0.1 miles
Burger King Dining
12,221 visits/mo 0.1 miles
Bank of America Shops & Services
10,488 visits/mo 0.1 miles

Demographics for 87105, NM

54,151
Population
20,263
Households
2.7
Avg Household Size
39
Median Age
16%
College-Educated
80%
High-School Grad
40.2 sq mi
ZIP Area
1,347
Density / Sq Mi
$49,928
Median Household Income
$32,490
Median Earnings
$972
Median Rent
$200,300
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$20.39 /SF/Yr
Avg Asking Price
$8.13–$192 /SF/Yr
Price Range
19,216 SF
Avg Space Size

This space is priced 12% below the average of $20.39 /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
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Frequently Asked Questions

What type of property is this?
Retail space - 2,444+- sf retail space available for lease.
Where is this retail space located?
The property is located at 1698 Rio Bravo Blvd SW Albuquerque, NM.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 2,444+- sf retail space available for lease.; Located next to The Wash Tub.; Built in 1988.
(505) 256-7573 Call to check price and availability
More about this property
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