1350 Sunport Pl Southeast Albuquerque, NM 87106
For Lease
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.
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Staybridge Suites Albuquerque - Airport, an IHG Hotel Hotel & Motel
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.