Albuquerque, NM Property For Sale and Lease

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Retail for Lease

Albuquerque, NM 87112

Retail for Lease

Albuquerque, NM 87109

• Far North is an iconic grocery anchored neighborhood shopping center located in the Far Northeast Heights submarket of Albuquerque, NM

• Freestanding pad building available

• Fully renovated in 2019, Far North boasts new and modern facades, signage, and storefronts and improved and redesigned parking, landscaping, and common areas

• The trade area is dense and established with a 3-mile radius population of 97,020 and average incomes of $90,070

• Sprouts and Petco are the dominant anchors for Far North and generate exceptional daily and weekly trips from the surrounding neighborhoods

• Traffic counts in excess of 73,000 vehicles at the signalized intersection

• Multiple signage opportunities available

Retail for Lease

Albuquerque, NM 87112

Market Center Crossing is a regional power center anchored by Target, Best Buy and At Home located on I-40 in the Northeast Heights submarket of Albuquerque, NM. The center was fully redeveloped in 2015 to incorporate modern storefronts, refreshed landscaping and common areas. Substantial onsite parking opportunities are available for medical, office, restaurant, retail and general services.

Retail for Lease

Albuquerque, NM 87111

• Prominent NE Heights junior box, available January 1, 2024

• Excellent retail synergy in this Northeast Heights retail corridor

• Great visibility on a hard corner of busy signalized intersection

Office for Lease

Albuquerque, NM 87110

Coveted top floor suite with 14-foot-high ceilings, floor to ceiling windows in a genuine Class A office building in the heart of Uptown is now available! This opportunity to lease prime office space does not happen very often. This suite not only offers a great place for employees to work, but also an impressive place for your guests to visit. Great views in 3 directions and opportunity to lease roof top signage available. Located right in the heart of Uptown, where over 40,000 vehicles pass per day on Louisiana and 181,000 on the Interstate, it is a great location for any business.

Exciting things are taking place at Park Square with construction of the Park Square Market food hall and entertainment. With significant renovations starting this fall, this will surely be a destination location. Discounts at all 12 Heritage hotels throughout the state as well as Heritage owned restaurants and venues.

Park Square is ready for your unique business and discerning customers. Suite 1040 Floorplan is attached. Call for details.

Office for Lease

Albuquerque, NM 87102

The WaFd Bank Building is an iconic symbol in the Albuquerque skyline featured in virtually every newscast and marketing piece for Albuquerque. Encompassing an entire downtown city block, this distinctive and elegant high-rise offers a Class A professional, urban office and retail environment with panoramic views and exceptional on-site amenities, including a fitness center, pool, restaurants, bars, and retail. This property sits adjacent to The Clyde Hotel, formerly known as the Hyatt Regency Downtown, and is in close proximity to federal, city and county buildings and courthouses, which allows for convenient business interactions. It offers 24/7/365 on-site security, and on-site property management and maintenance staff.

Suite 100 comes equip with a deposit drop box, Hamilton walk-in Safe, vault room camera, safe, cashier’s boxes, and more.

On-site retailers include Carrie's restaurant, 1922 Bar, Starbucks, Keva Juice, Mercantile Cafe, WaFd Bank, GC Parlor, and Ambitions copy center. Tenants may also take advantage of discounts at all Heritage Hotels and Resorts, as well as at retail and restaurant tenants.

Retail for Lease

Albuquerque, NM 87112

• Prime retail location in the NE Heights

• Well-established center in busy trade area

• Located on Eubank Blvd with over 31,700 VPD

• Within one mile of I-40

• Large monument signage available

Retail for Lease

Albuquerque, NM 87107

• Convenient I-40 access

• Retail and drive-thru pads available

• Over 45,000 VPD at the intersection of Menaul Blvd and Carlisle Blvd

Retail for Lease

Albuquerque, NM 87112

-Excellent visibility from Juan Tabo

Blvd. with 32,000 cars per day

-Established retail center

-Full access off Juan Tabo Blvd.

-Competitively priced for the

Northeast Heights

-Preferred parking with 53 spots

Industrial for Sale

Albuquerque, NM 87102

Introducing a Prime Commercial Property: 500 & 515 Broadway Blvd SE, Albuquerque, NM 87102.

Nestled in the heart of Albuquerque's thriving business district, this exceptional property presents a rare opportunity for investors and business owners seeking a versatile and strategically located warehouse. Boasting an expansive property with a total area of ±56,519 square feet, including an additional parking lot at 515 Broadway Blvd SE(MX-L Zoning), this property offers a comprehensive solution for diverse business needs.

Property Features:

🏢 Mid-West Building:

±5,400 square feet

Versatile layout ideal for office and freezer warehouse use

🏢 Northwest Building:

±7,200 square feet

Spacious warehouse area

🏢 NE Building:

±16,169 square feet

Combination of warehouse and basement space

🏢 Mid-East Building:

±14,675 square feet

Well-appointed offices and some freezer warehouse space

🏢 Southeast Building:

±13,075 square feet

Dedicated freezer and refrigerator warehouse area

🅿️ Ample Parking:

Additional parking lot located at 515 Broadway Blvd SE

Space Use Breakdown:

✅ Office Space: ±6,400 square feet (11%)

✅ Warehouse Space: ±28,744 square feet (51%)

✅ Refrigerated Storage: ±17,375 square feet (31%)

✅ Basement Space: ±4,000 square feet (7%)

💡 Infrastructure:

Three-phase power on site for enhanced operational capabilities

Location Advantages:

🌆 Central Location: Situated on Broadway Blvd, this property offers convenient access to major highways, ensuring seamless connectivity to the broader Albuquerque area.

🏙️ Business Hub: Join a thriving commercial community with neighboring businesses, enhancing networking and collaboration opportunities.

This property's adaptable layout and strategic location make it an ideal investment for various business ventures, from warehousing and distribution to office spaces and refrigerated storage solutions. Don't miss this chance to secure a property that offers not only versatile functionality but also promising potential for future growth.

Contact us today to arrange a tour and explore the endless possibilities that await at 500 & 515 Broadway Blvd SE, Albuquerque, NM 87102.

Retail for Lease

Albuquerque, NM 87113

• Former Subway endcap available

• Former kitchen and bath showroom available

• 44,500 vehicles per day at intersection

• Alameda Blvd frontage offers excellent visibility and walk-in traffic

• Building signage available

• Direct ingress and egress from Alameda Blvd

• Across from the new CNM Campus (Architectural and Art Design Depts.) 1,100+ students and 300+ faculty

Land for Sale

Albuquerque, NM 87106

• I-25 Frontage with convenient access from the Gibson Blvd interchange

• Ideal location for storage facility, hospitality, or multifamily uses

• Close proximity to Sunport International Airport, University of New Mexico, Central New Mexico University, Kirtland Air Force Base, VA Hospital, DaVita Clinic, and Downtown Albuquerque

• Immediately north of The View ABQ, a 786 bed student housing project

Land for Sale

Albuquerque, NM 87107

Retail for Lease

Albuquerque, NM 87112

• Great visibility along Wyoming Blvd and Menaul Blvd

• Over 59,800 VPD at the intersection

• Close proximity to Winrock, Uptown, and Coronado Mall

• Co-tenancy in strip center includes Baskin Robbins, Papa Murphys and SuperCuts

• Building and monument signage available

Land for Sale

Albuquerque, NM 87106

Albuquerque is arguably the city with the greatest potential in all of America for growth, development and sustainable living. And there is one area of our city that is particularly suited to realize and sustain that potential: Mesa del Sol. The 16,000 acre mixed-use, master-planned community in Albuquerque’s southeast corner is now an area with active commercial and residential growth, active construction of new, modern homes, and incredible development progress.

Located south of the Albuquerque Sunport, Mesa del Sol is home to Netflix ABQ Studios, the University of New Mexico’s Film & Digital Arts Department, the Isleta Amphitheater, and the New Mexico United multi-sport facilities.

Netflix purchased the former Albuquerque Studios in 2018 and has recently announced plans to expand its existing campus by an additional 300 acres, making its North American headquarters in Albuquerque one of the largest high tech and sustainable film production facilities in the world. The expansion will create an estimated 1,000 new jobs and more than double production capacity with the addition of 10 new sound stages to supplement the 8 existing stages.

New Mexico United has a long term plan for a 32 field, multi-sport facility. Currently, there are six fields established in the 180 acre complex as well as New Mexico United’s practice facility, which held a preseason match in March of 2022.

In the Mesa del Sol Aperture Center, the University of New Mexico holds classes for its Film & Digital Arts Department. The center houses a 100-seat theatre for film screenings and instruction as well as a flex space, computer labs, and project rooms designed for faculty and students to produce creative work for class and research.

Retail for Lease

Albuquerque, NM 87114

• High profile shop space on Alameda Blvd NW in the highly desirable Cottonwood trade area

• Monument signage available

• Going to work side of the street

• 33,900 vehicles per day on Alameda

Land for Sale

Albuquerque, NM 87109

Retail for Lease

Albuquerque, NM 87109

High-quality neighborhood strip retail. Single-story brick and stucco facades. Monument signage available. Excellent NE Heights location in established trade area. High exposure on San Mateo with over 45,400 VPD. Convenient I-25 access in close proximity. 5/1000 parking ratio.

Retail for Lease

Albuquerque, NM 87111

Co-Listed with Kim Boucher of Re/Max Advantage. We are ready to strike deals at this small neighborhood center located at the southwest corner of Montgomery& Tramway! Great location with a number of space sizes and locations available in the Center.The owner has flexibility, and may be able to put together as much as 11,000 square feet for the right tenant. Not only do we have several retail spaces available, we have office and worship spaces available. More information is forthcoming.

Open Retail Space

Land for Lease

Albuquerque, NM 87107

> Located on a hard corner.

> Great visibility and frontage on Carlise Blvd.

> Heavily traveled corridor - Carlise and Menaul Intersection with 52,100 VPD.

> Convenient access to freeways, infrastructure, and public transportation.

> Located in an opportunity zone.

> Numerous national retailers in close proximity.

Industrial for Lease

Albuquerque, NM 87121

7.6622 acres. Zoned NR-BP (Business Park). Trailer parking available. 104± parking spaces. Office area built to suit. Industrial space under construction in Meridian Business Park. Great location with easy access to I-40. Concrete tilt construction with ESFR sprinklers 32' clear height. 40'x40' column spacing and dock-high loading with drive-in ramps access make this proposed building a perfect fit for many industrial users.

Retail for Lease

Albuquerque, NM 87112

• Well-established center in busy trade area

• 35,000 VPD on going-home side of Wyoming Blvd

• Large customer parking field

• Three access points on Wyoming Blvd

• Monument Signage available

Land for Sale

Albuquerque, NM 87120

> Perfect site for office or medical uses

> Dense population in primary service area

> Located on the hard corner with full access

> Signalized intersection with high exposure

Executive Suites/Coworking for Lease

Albuquerque, NM 87102

Heritage Ascent is Albuquerque's only luxury Executive Coworking suites, located in the heart of downtown at the WaFd Bank Building. From the 19th floor, beautiful views in every direction. This flexible working space offers all the great benefits, amenities, and environment that our long-term office tenants currently enjoy, without the full burden of owning or leasing your own kitchens, conference rooms, copy room, restrooms, reception area, and common area spaces. The three new conference rooms are set up with the latest technology and are perfect for arbitrations, mediations, depositions, collaboration meetings, or traveling professionals. Located steps away from the State, County and Federal courthouses, and City and County government buildings. Ascent offers a variety of rentable office, and conference rooms that can be reserved by the hour, day, week, month, or year. These spaces include Executive offices, group work rooms, cubicles, stand-up workstations/desks for ergonomic benefit, and conference rooms.

Office #8 is the South facing office where you'll see the gorgeous valley views. If you are considering expanding, downsizing, or right sizing your business or just need the extra space, we can help you accommodate changing business needs.

Clients share the front desk receptionist who will welcome your guests, direct incoming calls, and help with your office needs. Some of the benefits to clients are 24/7/365 security guards, weekday cleaning services. Monthly clients have access to a full gym, a rooftop pool, and discounts at onsite 1922 Cocktail Bar, Carrie’s Restaurant, barber/hair salon, coffee shop, juice bar, deli, gift shop, as well as at all 12 Heritage Hotels & Resorts, and Heritage-owned restaurants. Valet parking available upon request.

Through March 31st, 2024 we are running a 50% off special for clients who sign up for monthly or yearly agreements. We also have virtual offices, where clients will have a professional address, receive mail, and get free conference room time each month!

Work Hard, Play Classy, Be Seen Doing Both at Heritage Ascent!

Multi-Family for Sale

Albuquerque, NM 87110

Cap Rate: 6.08%

Year 2-3 Pro Forma Cap Rate: 8.60%

GRM: 9.97

Year 2-3 Pro Forma GRM: 8.39

Year 2-3 Projected Cash-on-Cash Return: 9.32% to 16.91% *65 LTV 7.15% Fixed Loan & 80 LTV Affordable 4.85% Loan, respectively.

Building Age: 1977

Property Highlights:

• Marble's Renovated Units Lease 31.12% Higher than those Not Renovated.

• Projected Year 2-3 Gross Income Growth: 18.96%.

• Substantial Capital Improvements 2018-2023.

• Excellent Unit Mix: 50% 1 BR-1 BA, 50% 2 BR-1 BA.

• Situated in a Well-Maintained Office Corridor.

• Projected Year 5 Value Appreciation @ 6.5% Cap Rate: 37.63%.

• Decommissioned Shared-Laundry Facility.

• In-Place Utility Reimbursement (RUBS).

The “Marble” apartments possess favorable property characteristics, including 50% 2 Bedroom-1 Bathroom and 50% 1 Bedroom-1 Bathroom units, sizable unit configurations (2BR-1 BA: 784 SqFt; 1 BR-1BA: 627 SqFt.), ample designated tenant parking (23 spaces; 1.5/unit), a decommissioned shared laundry facility (w/ hookups), and a shared courtyard.

Property Improvements: Since 2018, the property improvements include a TPO roof (2019), resurfaced parking lot (2023), exterior stucco (2023), three fully renovated units, and main gas line replacement (<5 years).

Income Growth Potential: 8101 Marble holds noteworthy income growth potential, which is exemplified by the current rent roll’s lease rate variation. Of the three fully renovated units, the 2 Bedroom-1 Bathroom units lease between $1,100-$1,144/mo. Including the respective units’ $95/mo. gas & water utility reimbursement fee (RUBS), the renovated 2 Bedroom units produce an average $1,217/mo. In theory, upon updating the remaining 2 Bedroom units, the base lease rates would increase 24.69%, and including RUBS income, 24.76%. The renovated 1 Bedroom-1 Bathroom unit leases for $895/mo. Including the $100/mo. utility reimbursement fee, the unit produces $995/mo. In theory, upon updating the remaining 1 Bedroom units, the base rent would increase 15.95%, and including RUBS income, 18.76%. Based on comparable properties' leased units, the 1 Bedroom-1 Bathroom Unit In-Place Rents are 19.84% below, and the 2 Bedroom-1 Bathroom Unit In-Place Rents are 13.91% the respective comps.

Location: In some cases, property management is challenged by dense multifamily neighborhoods because neighboring mismanaged properties expose the subject property to crime and trespassers. However, 8101 Marble NE is contiguous to a church, two office buildings, and a B/B+ apartment building. The 0.06 square mile (0.25 Mile radius) quadrant North of Marble Ave NE, East of Pennsylvania NE, South of US I-40, and West of Texas St NE comprises 39 commercial buildings. Of the 39 buildings, 87% are office, 5% are religious, and the remaining 8% are school, medical, and multifamily uses.

Location (Winrock Town Center Expansion): The “Marble” Apartments, located in a growing trade area, are approximately 1 mile from the luxury open-air shopping districts, Winrock Town Center & Albuquerque Uptown. Slated to break ground during the fall of 2023, the Winrock Town Center Development plans the following expansions, a 150-unit luxury hotel, a 200+-unit ground-floor retail apartment building, and a 3-story office building. The respective buildings plan to perimeter a lake, park, and 750-seat amphitheater, all of which will be accessible by a trolley transportation system. Ensuing the Winrock Expansion and existing proximity to Albuquerque Uptown, one can anticipate Marble’s value to appreciate.

Utilities & RUBS: Each residential unit has a proprietary electricity meter, all of which are the tenants’ responsibilities. There are single-shared Gas and Water meters., The owner's water and gas expenses s are partially recaptured via RUBS income ($1,065/mo.)

Retail for Lease

Albuquerque, NM 87113

• Located in the growing Alameda Blvd retail corridor

• Second generation restaurant space available

• Second generation fitness studio space available

• Strong traffic counts with over 27,700 VPD

• Located near Balloon Fiesta Park, which attracts over 200,000 visitors annually

• Full access intersection

Office for Lease

Albuquerque, NM 87106

Up to six (6) retail suites, directly across from UNM Main Campus with enrollment of approx. 24,000 students.

On the SEC of Central and Vassar.

High traffic area retail. In front of the building, Central Ave. has 33,600 average cars per weekday (MRCOG 2017 traffic flows map).

Daytime population:

• within 2 miles 62,490 and

• within 3 miles 129,146.

Residential population:

• within 2 miles 22,359 and

• within 3 miles 42,657 (2015 ACS 5-year census data).

Remodel plans include;

• new roof,

• new HVAC,

• updated electrical,

• new store front glass,

• new building facade, and

• reserved parking.

Demised suites available for NNN lease. Ready for build out.

Each suite is in "White Box" condition:

• new fully finished restroom,

• concrete floors,

• walls taped and floated ready for finishes,

• HVAC in place with open ceilings,

• typical LED retail lighting,

• electrical in walls distributed, and

• uplights for exterior signage in place.

Lots of pedestrian traffic at this address, Walk Score of 89 and Bike Score of 87.

Approximately 35 onsite spaces available

Office for Lease

Albuquerque, NM 87108

• Freshly renovated interior

• Six offices, conference room, flex storage room, breakroom, and two restrooms

• Parking Lot upgrades scheduled (Completion prior to occupancy)

• Highly visible monument and façade signage

• 3-minutes to I-40 and 5-minutes to Uptown

Industrial for Lease

Albuquerque, NM 87106

Concrete tilt construction. 28’ clear height. 40’ x 40’ column spacing. ESFR fire suppression. Dock and drive-in access (cross dock).

Industrial for Lease

Albuquerque, NM 87121

5 dock-high doors. 1 drive-in door (ramped). Fully sprinklered. 28’ clear height. Great Interstate access.

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