Property summary
American Square, located at 3301 Menaul Blvd NE in Albuquerque, New Mexico, 87107, presents a compelling investment opportunity in a thriving retail market. This single-story, Class B strip center and pad site property boasts a total of 91,482 square feet situated on a generous 9.58-acre lot. The property's MX-M zoning allows for a diverse range of retail and restaurant uses, making it ideal for both established businesses and new ventures. Currently, five spaces are available, offering flexibility for various business sizes and needs. The property's prominent location on Menaul Blvd NE ensures high visibility and accessibility for customers. Its substantial size and multiple tenancy options provide a unique opportunity for investors seeking a diversified portfolio or developers looking to create a vibrant retail hub. The property's ample land area also offers potential for future expansion or redevelopment. This is a rare opportunity to acquire a well-located, established retail center in a growing Albuquerque neighborhood. Interested parties should note the property's total building square footage and the available land acreage for detailed planning and investment analysis. The property's single-story design offers ease of access and efficient use of space.
Property profile
VerifiedCap rate & NOI
Current use
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Hardware & Home Improvement Kitchen & Bath Showroom
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Hair Salon
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Furniture & Home Goods Home Decor Store
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Furniture & Home Goods Home Decor Store
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Hair Salon Nail Salon
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
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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