For Lease
Property summary
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
VerifiedCap rate & NOI
Current use
-
Hotel & Motel
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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