12500 Montgomery Blvd Northeast Albuquerque, NM 87111
For Lease
This exceptional Albuquerque retail and office property, located at 12500 Montgomery Blvd. NE, offers 13,600 square feet of vacant space across two single-story buildings in a thriving commercial area. The property is zoned MX - M, City of Albuquerque, and boasts 244 parking spaces. Suites range from a minimum of 1,100 square feet to a maximum contiguous space of 10,000 square feet, providing flexibility for various tenants. The property's strategic location at the signalized intersection of Montgomery and Tramway benefits from high visibility and excellent access. Current tenants include a diverse mix of businesses, creating a vibrant and established commercial environment. The property is ideal for a variety of uses, including restaurants (with one space featuring a hood and walk-in cooler), gyms, medical offices, retail stores, and more. Two hard-corner spaces totaling approximately 3,120 square feet, each with outdoor patio potential, are particularly well-suited for upscale restaurants. A freestanding building of up to 10,800 square feet is available for a larger anchor tenant. Ongoing improvements include new LED lighting and paving repairs, further enhancing the property's appeal. The property is situated in a high-traffic area with strong demographics, surrounded by established businesses such as Smith's, McDonald's, and Ethan Allen, ensuring a steady flow of potential customers. Bernalillo County location and 87111 zip code.
-
RE/MAX Advantage: Charlotte Boyer, CRS Real Estate Agency
-
Solarius Optique (Bike/Boat/Book/etc) Store
-
Caracol Plaza Business Service Center Corporate Office
-
Duke Home Insurance Solutions Marketing & Advertising
-
Salon 21 Hair Salon
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.