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    1510 San Pedro Dr Albuquerque, NM 87110

    For Lease
    $18 SF/Yr ($8,520 /Mo)

    Modern Coworking Space, 2840 sq ft Available

    Lot size:
    5,680 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Albuquerque property at 1510 San Pedro Dr NE, zip code 87110, offers a versatile 2,840 square foot space ideal for creative office or retail use. The building's total area is 5,680 square feet, with the available suite occupying a significant portion. This two-story unit boasts an open floor plan, perfect for collaborative work environments or flexible retail layouts. Amenities include two bathrooms, a dedicated break area, and a welcoming reception and lobby space. The space is highly customizable, allowing tenants to tailor the layout to their specific operational needs. Currently, a single, contiguous 2,840 square foot space is available for immediate occupancy. The lease is a triple net (NNN) lease at $18 per square foot. The property's location in Albuquerque, New Mexico, provides excellent access to the city's vibrant business and cultural scene. This is a unique opportunity to secure a well-appointed and adaptable space in a desirable location. The property is classified as Retail, Office, and Special Purpose, reflecting its multifaceted potential. The building is suitable for multiple tenants, although the currently available space is a single, large unit.

    Property Features for 1510 San Pedro Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,680 SF
    Total Rate
    8520

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,840 SF
    Rate per SF
    $18

    HighLights

    • 2,840 SF of versatile space ideal for creative office or retail use in a 5,680 SF building.
    • Two‑story unit with open floor plan, two bathrooms, break area, and reception/lobby.
    • NNN lease at $18/SF.
    • Centrally located in Albuquerque's Uptown area with monument signage.
    • 2.75:1000 parking ratio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5770839
    Latitude
    35.0922204

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    FAQs

    What type of property is this?
    Office space - Modern Coworking Space, 2840 sq ft Available
    Where is this office space located?
    The property is located at 1510 San Pedro Dr Albuquerque, NM.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 2,840 SF of versatile space ideal for creative office or retail use in a 5,680 SF building.; Two-story unit with open floor plan, two bathrooms, break area, and reception/lobby.; NNN lease at $18/SF.
    Request Owner's contact information
    1510 San Pedro Dr Albuquerque, NM 87110
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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
    1510 San Pedro Dr Albuquerque, NM 87110
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