Entity Owned 
For Lease
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Property summary
This exceptional 16,284 square foot freestanding retail or restaurant building is available for immediate sublease at 3632 Menaul Blvd NE, Albuquerque, NM 87110. The property boasts superior visibility and multiple access points, ensuring high traffic exposure. Located along Menaul Boulevard, this space benefits from excellent exposure to a daily traffic count exceeding 24,890 vehicles. The building is in excellent condition and offers the rare advantage of a drive-thru, a highly desirable… feature for many businesses. Its strategic location provides convenient access to major thoroughfares, including I-40 and I-25, enhancing its appeal to a wide customer base. The sublease agreement with Walgreens is in place until October 31, 2033. All offers are subject to the approval of the Walgreens Real Estate Committee. This presents a unique opportunity to secure a prime retail location in a high-traffic area of Albuquerque. The single-tenant occupancy ensures a streamlined operational environment. Don't miss this chance to establish your business in this highly visible and accessible space.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 15,712 SF
- Lot area
- 1.66 ac
- Year built
- 2008
- APN
- 1-017-059-032-246-3-10-35
- Assessed value · 2023
- $428,618
- Annual tax · 2023
- $20,563
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $20,563
- Selected cap rate
- Restaurant
- Auto Repair, Garage
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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