5800 Gibson Blvd Albuquerque, NM 87108
- Retail space
- 1,386 SF
- 0.34 lot acres
Current Use by Public Records
- Minerva Canna / Cannabis Store
- Minerva Canna | Cannabis Dispensary Southside of Albuquerque, NM / Cannabis Store
Property Details for 5800 Gibson Blvd
- Year built
- 1977
- Lot size
- 0.34 lot acres
- Property size
- 1,386 SF
- Property type
- Retail space
- APN
- 1-018-055-272-524-1-01-21
- APU
- 101805527252410121
Description
This exceptional 1,400 square foot freestanding retail building is ideally situated at the signalized intersection of Gibson Boulevard and San Pedro Drive in Bernalillo County. Currently available for sublease, with the master lease expiring January 31, 2027, this property boasts significant visibility and accessibility. Previously occupied by a cannabis dispensary and originally constructed for Papa John's, this adaptable space presents a unique opportunity for a variety of restaurant or retail uses, potentially even accommodating a drive-thru. The building features excellent curb appeal, including prominent building signage and a large pylon sign at the highly trafficked intersection, benefiting from over 20,000 vehicles per day. With 131 feet of frontage on Gibson Boulevard and access points on both Gibson and San Pedro, the property offers convenient access and ample parking with 14 spaces directly in front. The interior layout includes a spacious open sales floor, a back office, storage, and two restrooms. The 0.34-acre lot is zoned MX-L, providing flexibility for various commercial ventures. Its proximity to Kirtland Air Force Base, Sandia National Labs, the VA, UNM, and the Albuquerque Sunport (2.5 miles) ensures a strong customer base. This is a remarkable opportunity to establish a thriving business in a high-traffic, high-visibility location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.577
- Latitude
- 35.0579
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA