3632 Menaul Blvd Albuquerque, NM 87110
- Drug stores
- 15,712 SF
- 1.66 lot acres
Current Use by Public Records
- Walgreens Pharmacy / Pharmacy
- Walgreens Photo / (Bike/Boat/Book/etc) Store
- Keo K. Vongvichith, PharmD / Pharmacy
- FedEx OnSite / Postal Service / Courier Service
- Walgreens / Pharmacy
Property Details for 3632 Menaul Blvd
- Year built
- 2008
- Lot size
- 1.66 lot acres
- Property size
- 15,712 SF
- Property type
- Drug stores
- APN
- 1-017-059-032-246-3-10-35
- APU
- 101705903224631035
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,625,000
Market price range: $615k - $1.63M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,190,000 Current use
- COMMERCIAL (GENERAL)
- $2,040,000 Change: +71% Conversion: Easy
- RESTAURANT
- $1,485,000 Change: +25% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,390,000 Change: +17% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Albuquerque
- County
- Bernalillo
- State
- New Mexico
- Longitude
- -106.603
- Latitude
- 35.1087
- CBSA code
- 10740
- CBSA name
- ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA