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    Albuquerque Nm Albuquerque, NM 87114

    Sponsored
    For Lease
    $34 SF/Yr ($5,893 /Mo)

    New 2024 Construction, 2,080 SF

    Lot size:
    2,080 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,080-square-foot retail space, built in 2024, presents a unique opportunity in Albuquerque, New Mexico. Located in Bernalillo County, zip code 87114, this property boasts prime visibility along Unser Boulevard, a high-traffic area with nearly 30,000 cars daily. The space is zoned MX-M and offers excellent frontage visibility, ensuring maximum exposure for your business. The property is part of a thriving retail center, co-tenanted with established national and regional brands, serving a high-income residential population in a rapidly growing trade area. This underserved market is ideal for new retail concepts. The space is fully available and features a drive-thru option, subject to approval, and ample shared parking with convenient access from Unser Boulevard. A tenant improvement allowance is available

    Property Features for 0 Albuquerque Nm

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,080 SF
    Total Rate
    5893.33

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    2,080 SF
    Rate per SF
    $34

    HighLights

    • 2,080‑square‑foot retail space built in 2024 in Albuquerque, NM.
    • Prime Unser Boulevard location in Bernalillo County (zip code 87114) with high traffic (nearly 30,000 cars daily).
    • MX‑M zoning with excellent frontage visibility in a thriving retail center.
    • Co‑tenanted with national and regional brands, serving a high‑income, rapidly growing area.
    • Fully available with a drive‑thru option (subject to approval) and ample shared parking.
    • Tenant improvement allowance available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.69955104557
    Latitude
    35.211372703517

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    FAQs

    What type of property is this?
    Retail property - New 2024 Construction, 2,080 SF
    Where is this retail property located?
    The property is located at Albuquerque Nm Albuquerque, NM.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: 2,080-square-foot retail space built in 2024 in Albuquerque, NM.; Prime Unser Boulevard location in Bernalillo County (zip code 87114) with high traffic (nearly 30,000 cars daily).; MX-M zoning with excellent frontage visibility in a thriving retail center.
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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
    Albuquerque Nm Albuquerque, NM 87114
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