1 Central Ave Albuquerque, NM 87102
- Retail properties
Current Use by Public Records
- Urban taqueria / Delivery Restaurant / Service Establishment
- Nuevo Vego / Delivery Restaurant
- One Central Apartment / Apartment Building
- SP+ Parking / Parking Garage
- 1st & Central / Parking Garage
Property Details for 1 Central Ave
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This Class A, 19,523-square-foot retail space at 1 Central Ave NW in Albuquerque's Downtown submarket offers exceptional opportunities. The property features a single available in-line space of 4,280 square feet, divisible into 1,650 and 2,630 square-foot units. A larger, contiguous 17,873-square-foot space spanning the first and second floors is also available for a single tenant. The building boasts abundant parking in an adjacent three-story garage with direct retail access, an elevator (shared with a third-floor tenant), and a 733-square-foot dedicated patio. First-floor units benefit from open-air windows. Tenant improvement allowances are available, along with excellent signage opportunities. The property's strategic location provides walkability to numerous theaters, restaurants (including several on-site), galleries, and entertainment venues. An Albuquerque Rapid Transit (ART) stop is directly outside the building. The building also houses 78 fully leased apartments. The property is zoned MX-M and located in Bernalillo County, New Mexico, zip code 87102. Current retail tenants include Canvas Artistry Restaurant and Entertainment, Natural Fitness Training, Yummy's Mini-Donuts & Ice Cream, and La Zenita Mexican Restaurant.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.648
- Latitude
- 35.0843
