3339 Central Ave NE Albuquerque, NM 87106
For Lease
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This exceptional Class A retail property, located at 3339 Central Ave NE in Albuquerque, New Mexico, presents a unique investment opportunity. Situated in the desirable Nob Hill submarket, near the University of New Mexico (UNM), this property boasts a total of 90 parking spaces, ensuring ample convenience for customers and employees. The building, encompassing 0.85 acres, features a single structure with a currently vacant 1,401 square feet of retail space, ideal for a variety of uses, including shops and offices. The flexible zoning (MX-M) allows for diverse business applications. The property's strategic location on Central Ave NE, near the intersection of Central and Tulane, provides excellent visibility and accessibility. This is a high-traffic area with strong pedestrian and vehicular flow, making it an attractive location for businesses seeking high exposure. The property's proximity to UNM further enhances its appeal, providing access to a large student and faculty population. This is a rare opportunity to acquire a well-located, Class A retail property in a thriving Albuquerque neighborhood. The ample parking and flexible zoning make this an ideal investment for both established businesses and new ventures. The 1,401 square feet of vacant space offers immediate potential for income generation. Contact us today to learn more about this exceptional opportunity.
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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.