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    11500 Menaul Blvd Albuquerque, NM 87112

    For Lease
    Contact for pricing

    Albuquerque retail space, national co-tenant.

    Lot size:
    54,936 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 11500 Menaul Blvd NE in Albuquerque, New Mexico, presents a compelling investment opportunity. Situated on a generous 4.97-acre lot, the single-story building boasts a total of 54,936 square feet. Currently, there is one available space of 1,200 square feet, ideal for a variety of retail or restaurant uses. The property benefits from a strong national co-tenancy, ensuring high foot traffic and visibility. The convenient location at the intersection of Menaul and Juan Tabo boulevards provides excellent access and exposure to a thriving community. The property is zoned MX-L within Bernalillo County, offering flexibility for various commercial uses. The building's size and layout provide ample space for expansion or modification to suit specific business needs. This is a rare opportunity to acquire a well-located retail property in a high-growth area of Albuquerque, offering significant potential for return on investment. The property's address is 11500 Menaul Blvd NE, Albuquerque, NM 87112. The property features a single story and is categorized as Retail, Restaurant, and Office. Multiple tenants currently occupy the space.

    Property Features for 11500 Menaul Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,936 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Suite B
    Size
    1,200 SF

    HighLights

    • Ample on‑site parking.
    • Monument signage on Menaul Blvd.
    • High‑visibility corner location with signalized intersection.
    • National co‑tenancy provides strong synergy.
    • Located in an established, high‑traffic retail area.
    • Daytime population of approximately 42,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mario's Pizzeria & Ristorante ... Italian Restaurant Transformation Ministries International Church Transformation Epicenter Religious Institution The Tatted Bee Brewhouse Sports Bar Aspen Education Collective Educational Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -106.51309704695
    Latitude
    35.10816217061

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    FAQs

    What type of property is this?
    Restaurant - Albuquerque retail space, national co-tenant.
    Where is this restaurant located?
    The property is located at 11500 Menaul Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: Ample on-site parking.; Monument signage on Menaul Blvd.; High-visibility corner location with signalized intersection.
    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
    11500 Menaul Blvd Albuquerque, NM 87112
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