Property profile

1418 Carlisle Blvd Albuquerque, NM 87110

OFF-MARKET
Retail properties & Spaces
2,232 SF
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Property summary

AI-generated overview

This exceptional 2,232-square-foot freestanding retail building presents a unique investment opportunity in Albuquerque's vibrant University submarket. Located at 1418 Carlisle Blvd NE, on the northeast corner of Carlisle and Constitution, this single-tenant property boasts a highly visible location directly in front of a Smith's grocery store, ensuring significant foot traffic and brand recognition. The building features a convenient and attractive design, including three drive-thru lanes sheltered under a canopy, ideal for a variety of businesses. The property is currently vacant, offering immediate occupancy for a new tenant. The building is situated in Bernalillo County, New Mexico, and is zoned MX-M, allowing for a range of commercial uses. With its prime location, ample space, and convenient drive-thru access, this property is perfectly suited for a bank, or other businesses requiring high visibility and convenient customer access. The single-story structure offers easy accessibility and efficient layout. The entire 2,232 square feet is available for lease, providing a blank canvas for a new business to establish its presence in this thriving area. This is a rare opportunity to acquire a well-positioned, freestanding retail space in a high-demand location. The property's proximity to the University submarket further enhances its appeal, providing access to a large and diverse customer base.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,232 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1418 Carlisle Blvd Albuquerque, NM 87110
Albuquerque metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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