3320 2Nd St NW, Albuquerque, NM 87107
For Lease
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This exceptional 11,176-square-foot property in Bernalillo County presents a unique investment opportunity. Situated on 1.02 acres, this single-tenant building boasts a prime location less than a mile from the intersection of Interstates 40 and 25, ensuring high visibility and accessibility. Built in 1972 and classified as Class B, the property features a well-maintained blend of retail and warehouse space. The retail storefront encompasses approximately 2,500 square feet, while the warehouse area totals approximately 8,600 square feet, offering ample storage and operational space. Warehouse ceiling heights reach 14 to 16 feet, accommodating various needs. The property includes 3-phase power and secure perimeter fencing, enhancing security and operational efficiency. The zoning is NR-LM. This turn-key bakery space, formerly occupied by a well-established business, comes complete with all fixtures, furniture, and equipment (FF&E), which the owner is willing to remove if desired. The property benefits from excellent visibility, with an estimated 18,200 cars passing daily. This centrally located property offers significant potential for a variety of businesses seeking a versatile and strategically positioned space.
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Pastian's Bakery Bakery Specialty Food Shop
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.