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    3301 Menaul Blvd Albuquerque, NM 87107

    Sponsored
    For Lease
    $18 SF/Yr

    Albuquerque Retail Space - 5 Units Available

    Lot size:
    91,482 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    American Square, located at 3301 Menaul Blvd NE in Albuquerque, New Mexico, 87107, presents a compelling investment opportunity in a thriving retail market. This single-story, Class B strip center and pad site property boasts a total of 91,482 square feet situated on a generous 9.58-acre lot. The property's MX-M zoning allows for a diverse range of retail and restaurant uses, making it ideal for both established businesses and new ventures. Currently, five spaces are available, offering flexibility for various business sizes and needs. The property's prominent location on Menaul Blvd NE ensures high visibility and accessibility for customers. Its substantial size and multiple tenancy options provide a unique opportunity for investors seeking a diversified portfolio or developers looking to create a vibrant retail hub. The property's ample land area also offers potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-located, established retail center in a growing Albuquerque neighborhood. Interested parties should note the property's total building square footage and the available land acreage for detailed planning and investment analysis. The property's single-story design offers ease of access and efficient use of space.

    Property Features for 3301 Menaul Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    91,482 SF
    Class
    B
    Total Rate
    137223

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Available Pad Site 2
    Size
    6,000 SF
    Space
    Available Pad Site 1
    Size
    2,400 SF
    Space
    Available Space 3
    Size
    1,476 SF
    Rate per SF
    $24
    Space
    Available Space 4
    Size
    2,387 SF
    Rate per SF
    $24
    Space
    Available Space 1
    Size
    1,395 SF
    Rate per SF
    $24

    HighLights

    • High‑visibility retail space in established shopping center.
    • Retail and drive‑thru outparcels available.
    • Excellent I‑40 freeway access.
    • Intersection of Menaul Blvd and Carlisle Blvd boasts over 45,000 vehicles per day.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bontina Kitchen Remodeler Sergio's Hair Studio Hair Salon Arizona Leather Interiors Furniture Store National Furniture Liquidators ... Furniture Store Head 2 Toe ... Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -106.60789691544
    Latitude
    35.109716052731

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    FAQs

    What type of property is this?
    Neighborhood center - Albuquerque Retail Space - 5 Units Available
    Where is this neighborhood center located?
    The property is located at 3301 Menaul Blvd Albuquerque, NM.
    What is the lease rate?
    The lease rate is $0.00-$24 SF/Yr.
    What are key features of this property?
    This property features: High-visibility retail space in established shopping center.; Retail and drive-thru outparcels available.; Excellent I-40 freeway access.
    Request Owner's contact information
    3301 Menaul Blvd Albuquerque, NM 87107
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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
    3301 Menaul Blvd Albuquerque, NM 87107
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