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Retail Space with High Visibility
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2103 Menaul Blvd NE, Albuquerque, NM 87107

Retail space available in high-traffic area near hotels.

Space SizeContact for details
Days on Market1042

Property Features for 2103 Menaul Blvd NE

General Information

Standard status Active
Property subtype Retail
Zoning NR LM

Building Details

Year Built 1981
Listing Agency: New Vision Real Estate Group LLC.
Listed By: Corinna Yonemoto · License #REC-2023-0714
Source: Carnm.resimplifi
Added: Dec 6, 2023 Changed: Oct 3 Last Checked: Oct 12 at 4:40PM

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 New Vision Real Estate Group LLC.

Investment Insights

Based on property information with market context.

This retail space is suitable for a small business. The building is shared with Twisters Burritos and offers high visibility with a traffic count exceeding 23 vehicles per day. Signage opportunities include both monument and building options. The location is in an underserved area near hotels and extended-stay businesses, and it is situated within a redevelopment opportunity zone. The space is available for rent under a modified gross lease.

Key Highlights

  • High Visibility: Over 23,000 vehicles per day.
  • Shared Building with Established Business: Located in the same building as Twisters Burritos.
  • Underserved Area: Presents a strong market opportunity.

Property Analytics

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Current Use

Twisters Burgers and Burritos Restaurant Subway Take-out & Catering

Suggested Use

Top Pick Real Estate Agency Bakery Veterinary Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store 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

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,087
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Hotels & Casinos 27% Dining 16% Home Improvements & Furnishings 5%
Maverik Adventures First Stop Shops & Services
17,582 visits/mo 0.3 miles
Circle K Shops & Services
11,531 visits/mo 0.2 miles
Applebee's Dining
10,326 visits/mo 0.4 miles
Crowne Plaza Albuquerque Hotels & Casinos
6,777 visits/mo 0.3 miles
Shell Shops & Services
4,950 visits/mo 0.1 miles

Demographics for 87107, NM

30,340
Population
13,441
Households
2.3
Avg Household Size
44
Median Age
39%
College-Educated
92%
High-School Grad
14.6 sq mi
ZIP Area
2,078
Density / Sq Mi
$59,663
Median Household Income
$36,392
Median Earnings
$901
Median Rent
$282,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Albuquerque, NM

$20.6 /SF/Yr
Avg Asking Price
$8.13–$192 /SF/Yr
Price Range
20,569 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in high-traffic area near hotels.
Where is this retail space located?
The property is located at 2103 Menaul Blvd NE Albuquerque, NM.
What are key features of this property?
This property features: High Visibility: Over 23,000 vehicles per day.; Shared Building with Established Business: Located in the same building as Twisters Burritos.; Underserved Area: Presents a strong market opportunity.
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