Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3701 Ellison Dr Albuquerque, NM 87114

    For Lease
    Contact for pricing

    Prime Albuquerque retail warehouse, multiple spaces available.

    Lot size:
    495,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Cottonwood Corners, located at 3701 Ellison Dr NW, Albuquerque, NM 87114, offers exceptional retail space within a thriving commercial area. This multi-tenant property boasts a total of 495,000 square feet, with flexible space options ranging from a minimum of 1,200 square feet to a maximum contiguous space of 30,000 square feet. Four spaces are currently available. The property's strategic location at the intersection of Alameda and Ellison places it within the high-traffic Cottonwood Regional trade area, ensuring excellent visibility and accessibility. Benefit from the strong co-tenancy of established national retailers including Best Buy, Michael's, Barnes & Noble, and Ross, with additional proximity to Sam's Club, Kohl's, and TJ HomeGoods. This prime location offers unparalleled opportunities for businesses seeking high-traffic exposure and a strong retail presence in a well-established Albuquerque commercial center. The property is classified as Retail, with Warehouse and Commercial subtypes, making it suitable for a variety of businesses. The property type is categorized as Retail, with a Warehouse and Commercial subtype, and is suitable for a variety of uses. Inquire today to learn more about the available spaces and lease terms.

    Property Features for 3701 Ellison Dr

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    495,000 SF

    Unit(s) available at that property

    Space
    3705A
    Size
    1,784 SF
    Space
    3705B
    Size
    1,613 SF
    Space
    Suite 3701-B
    Size
    30,000 SF
    Space
    3707J
    Size
    1,282 SF

    HighLights

    • Excellent access from Coors By‑Pass, Ellison, and Alameda.
    • Located in a regional trade area with over 4 million square feet of retail and restaurants.
    • Draws from a large trade area with over 173,000 people within a 5‑mile radius.
    • Recently acquired by Simon CRE, a highly active Southwest developer; opportunities available for both anchor and shop space tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Michaels Custom Framing Picture Frame Shop Michaels Craft Store Spirit Halloween Costume Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.6533419
    Latitude
    35.208377

    Nearby Similar for Lease

    • $9,000 /Mo
      21,344 SF

      Versatile Commercial Space, Albuquerque

      Adaptable commercial space suitable for warehouse, retail, office, or more.
      221 Broadway Blvd SE, Albuquerque, NM 87102
      View Details
    • $13,000 /Mo
      43,560 SF

      Versatile Commercial Space in Albuquerque

      16000 sq ft space ideal for office or retail.
      2200 Eubank Blvd NE, Albuquerque, NM 87112
      View Details
    • $2,800 /Mo
      13,068 SF

      Free-Standing Commercial Building For Lease

      Versatile commercial building suitable for various small business uses.
      3915 4Th St NW, Albuquerque, NM 87107
      View Details
    • $2,000 /Mo
      33,977 SF

      Albuquerque Commercial Property For Rent

      High-traffic commercial property suitable for retail, automotive, or storage.
      9612 Central Ave SE, Albuquerque, NM 87123
      View Details
    • $1,785 /Mo
      3,049 SF

      Office Space in Albuquerque, NM

      Move-in ready office suites available for lease in Albuquerque.
      3007 Louisiana Blvd NE, Albuquerque, NM 87110
      View Details
    • $975 /Mo
      69,696 SF

      Retail Space in Los Ranchos

      Move-in ready retail spaces in walkable Los Ranchos location.
      350 Osuna Rd NW, Los Ranchos, NM 87107
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Albuquerque retail warehouse, multiple spaces available.
    Where is this restaurant located?
    The property is located at 3701 Ellison Dr Albuquerque, NM.
    What are key features of this property?
    This property features: Excellent access from Coors By-Pass, Ellison, and Alameda.; Located in a regional trade area with over 4 million square feet of retail and restaurants.; Draws from a large trade area with over 173,000 people within a 5-mile radius.
    Request Owner's contact information
    3701 Ellison Dr Albuquerque, NM 87114
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3701 Ellison Dr
    Albuquerque, NM 87114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3701 Ellison Dr Albuquerque, NM 87114
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.