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    Property profile & analytics
    FOR SALE
    Retail space

    5700 San Antonio Dr NE, Albuquerque, NM 87109

    6,020 SF 1.72 ac lot Built 2008
    Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US61-1298011
    Property summary
    AI-generated overview

    This exceptional Class A shopping center, San Antonio Commons, presents a compelling investment opportunity in Albuquerque, New Mexico. The property boasts 14,740 square feet across two contemporary, single-story buildings, each less than 10 years old, situated on a 1.72-acre lot. Currently housing five retail units, the center enjoys a strong 7.50% capitalization rate and a substantial net operating income (NOI) of $246,645, with an asking price of $3,300,000 ($223.88/sq ft). The property benefits from a stable rent roll and market-competitive lease rates, ensuring consistent cash flow. Its convenient location at 5700 San Antonio Dr NE, Albuquerque, NM 87109, provides excellent accessibility for tenants and customers. The surrounding area demonstrates robust economic indicators, including an average household income exceeding $105,340 within a five-mile radius and low retail vacancy rates (under 3% for comparable spaces). Annual foot traffic is impressive, with 133,000 visits from 52,300 unique visitors. The property is zoned MX-M, offering flexibility for future development. This is a rare opportunity to acquire a high-performing retail asset in a thriving Albuquerque market.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 2008
    Total area 6,020 SF
    Lot 1.72 ac (75,054 SF)
    APN 1-018-062-192-503-2-01-44
    UPID US61-1298011
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dental Care on San Antonio Dental Office
    • Lovato Eyecare Eye Care Center Optician
    • Jesse T. Varoz, DDS Dental Office
    • LGND ENERGY Solar Energy Company
    • Vasu Shah Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    San Antonio Commons LLC · 10 yrs held
    San Antonio Commons LLC
    since 2015
    3 recorded transactions
    2015
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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