11500 Menaul NE Blvd Albuquerque, NM 87112-2477
This exceptional retail property, located at 11500 Menaul Blvd NE in Albuquerque, New Mexico, presents a compelling investment opportunity. Situated on a generous 4.97-acre lot, the single-story building boasts a total of 54,936 square feet. Currently, there is one available space of 1,200 square feet, ideal for a variety of retail or restaurant uses. The property benefits from a strong national co-tenancy, ensuring high foot traffic and visibility. The convenient location at the intersection of Menaul and Juan Tabo boulevards provides excellent access and exposure to a thriving community. The property is zoned MX-L within Bernalillo County, offering flexibility for various commercial uses. The building's size and layout provide ample space for expansion or modification to suit specific business needs. This is a rare opportunity to acquire a well-located retail property in a high-growth area of Albuquerque, offering significant potential for return on investment. The property's address is 11500 Menaul Blvd NE, Albuquerque, NM 87112. The property features a single story and is categorized as Retail, Restaurant, and Office. Multiple tenants currently occupy the space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.