You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
FOR LEASE
Hotels

1350 Sunport Pl Southeast Albuquerque, NM 87106

74,160 SF 2.97 ac lot Built 2010
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US61-0135129
1350 Sunport Pl Southeast, Albuquerque, NM 87106 For Lease
$1,075,000 4,240 SF available
1350 Sunport Pl Southeast, Albuquerque, NM 87106
View Listing →
Property summary
AI-generated overview

This exceptional 4,240 square foot retail space is located at 1350 Sunport Pl SE in Albuquerque, New Mexico, zip code 87106. Currently vacant, this single-tenant property presents a unique opportunity for a restaurant, bar, or brewery. Situated in the Sunport submarket, this property is zoned NR-BP and benefits from a high demand driven by the area's concentration of hotel rooms lacking meeting space and a substantial residential population. The space is part of a proposed ground-up development, "The Taxiway," designed to meet the need for banquet and meeting space, complementing the existing hospitality infrastructure. The development will feature modern architecture, outdoor spaces, and shared amenities. The meeting/event space will be owned and managed by Excel Hospitality (Staybridge Hotel), ensuring a strong synergy and potential for increased foot traffic. This development offers a prime location to establish a thriving business within a vibrant and growing community. The property's size and zoning make it ideal for a variety of concepts, providing ample space for both indoor and potentially outdoor seating and operations. This is a rare chance to be part of a dynamic new development in a high-demand location. Interested parties should be prepared to present a detailed business plan and relevant experience.

Property profile
Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 2010
Total area 74,160 SF
Lot 2.97 ac (129,504 SF)
APN 1-015-055-178-161-3-03-05
UPID US61-0135129
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Staybridge Suites Albuquerque - Airport, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$880k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.27M
Blend (final) Blend
$1.08M
Owner & transaction history
Sankhu LLC · 7 yrs held
Sankhu LLC
since 2018
2 recorded transactions
2018
Price N/A
2014
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message