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Retail Space in College Plaza
For Lease
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2820 Central Avenue Southeast, Albuquerque, NM 87106

Recently renovated retail space in bustling Albuquerque location.

Space SizeContact for details
Property Size2,240 SF
Days on Market1801

Property Features for 2820 Central Avenue Southeast

General Information

Standard status Active
Size 2,240 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 2,240 SF
Year Built 1956
Tenancy Multiple

Spaces For Lease

at 2820 Central Avenue Southeast Contact us

Suite C

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite D

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Resolut RE Albuquerque
Listed By: Daniel Kearney · License #NM 48712AB
Source: Crexi
Added: Sep 24, 2021 Changed: Aug 17 Last Checked: Aug 28 at 8:46PM

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 Resolut RE Albuquerque

Investment Insights

Based on property information with market context.

College Plaza, situated on the hard corner of Central and Girard, has undergone a complete renovation as of 2024. A retail space of 2,200 square feet is available for lease within this recently remodeled retail center. The center benefits from high visibility and substantial vehicular and foot traffic, making it suitable for local or national retail or restaurant businesses. Dedicated parking is available for tenants and employees. The property is located within 200 feet of an ART Bus station. Renovations included a new facade and TPO roofs. Located along Central Avenue (Route 66), the center is across from the University of New Mexico and at the entrance to Albuquerque's Nob Hill submarket. These submarkets are known for their high density of rooftops and high daytime population. The center is located 5 minutes from interstate exits and major regional hospitals, and 7 minutes from the Albuquerque Sunport.

Key Highlights

  • Prime location on the hard corner of Central and Girard with high visibility and excellent foot and vehicular traffic.
  • Recently underwent a complete renovation in 2024, including a new facade and TPO roofs.
  • Located across from the University of New Mexico and at the entrance to Albuquerque's Nob Hill submarket.

Property Analytics

Current Use

Panera Bread Cafe & Coffee Shop Panda Express Restaurant Cravens Law LLC Law Firm Cravens Richard H. ... Medical Clinic Bridge Viewpoint Resort

Suggested Use

Top Pick Dental Office Building Supply Auto Parts Store Electrical Service Kitchen & Bath Showroom HVAC Service

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,629
Businesses Nearby
145k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 87% Shops & Services 12% Electronics 2%
McDonald's Dining
26,631 visits/mo 0.5 miles
Taco Bell Dining
17,499 visits/mo 0.1 miles
Panda Express Dining
14,641 visits/mo 0.1 miles
Freddy's Frozen Custard & Steakburgers Dining
10,291 visits/mo 0.3 miles
FedEx Office Print & Ship Center Shops & Services
10,037 visits/mo 0.1 miles

Demographics for 87106, NM

26,987
Population
13,893
Households
1.9
Avg Household Size
32
Median Age
53%
College-Educated
91%
High-School Grad
35.8 sq mi
ZIP Area
754
Density / Sq Mi
$51,079
Median Household Income
$29,393
Median Earnings
$904
Median Rent
$332,100
Median Home Value

Market

Lease Benchmarks for Albuquerque, NM

$15.65 /SF/Yr
Avg Asking Price
$8.85–$25 /SF/Yr
Price Range
18,492 SF
Avg Space Size

This space is priced 92% above the average of $15.65 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Recently renovated retail space in bustling Albuquerque location.
Where is this retail space located?
The property is located at 2820 Central Avenue Southeast Albuquerque, NM.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Prime location on the hard corner of Central and Girard with high visibility and excellent foot and vehicular traffic.; Recently underwent a complete renovation in 2024, including a new facade and TPO roofs.; Located across from the University of New Mexico and at the entrance to Albuquerque's Nob Hill submarket.
(505) 337-0777 Call to check price and availability
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