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    5640 Wyoming Blvd Albuquerque, NM 87111

    Sponsored
    For Lease
    Contact for pricing

    3,100 SF Restaurant Space Available

    Lot size:
    3,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 3,100 square foot retail pad site presents a unique investment opportunity in Albuquerque's desirable NE Heights submarket. Located at the southeast corner of Wyoming Boulevard and Academy Road, this single-tenant space boasts unparalleled visibility and accessibility. The property benefits from a highly desirable location within a thriving retail center anchored by major national brands including Walmart and Kroger (Smith's). The immediate vicinity also includes other significant retailers such as PetSmart, Whole Foods, and HomeGoods, ensuring high foot traffic and strong consumer demographics. The site's strategic placement at a major intersection guarantees maximum exposure to a dense population base. The entire 3,100 square feet is currently vacant, offering a blank canvas for a variety of restaurant concepts or other retail uses. This property is ideally suited for businesses seeking a high-traffic location with established brand synergy and a strong customer base. The address is 5640 Wyoming Blvd NE, Albuquerque, NM 87111, within the NE Heights submarket. This is a rare opportunity to establish a presence in a prime retail location with exceptional visibility and access. The property is categorized as a retail space, specifically suited for a restaurant tenant. Its location in Albuquerque, New Mexico, offers a strong market for retail businesses.

    Property Features for 5640 Wyoming Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,100 SF

    Unit(s) available at that property

    Space
    Size
    3,100 SF

    HighLights

    • ±3,100 SF freestanding building available for lease.
    • Flexible lease terms available, including ground lease options.
    • High traffic location with excellent access from two signalized intersections within Sycamore Plaza.
    • Exceptional visibility from Wyoming and Academy Boulevards.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Albuquerque
    County
    Bernalillo
    State
    New Mexico
    Longitude
    -106.5528138
    Latitude
    35.145532

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    FAQs

    What type of property is this?
    Restaurant - 3,100 SF Restaurant Space Available
    Where is this restaurant located?
    The property is located at 5640 Wyoming Blvd Albuquerque, NM.
    What are key features of this property?
    This property features: ±3,100 SF freestanding building available for lease.; Flexible lease terms available, including ground lease options.; High traffic location with excellent access from two signalized intersections within Sycamore Plaza.
    Request Owner's contact information
    5640 Wyoming Blvd Albuquerque, NM 87111
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    Albuquerque, NM 87111
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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
    5640 Wyoming Blvd Albuquerque, NM 87111
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