Albuquerque, NM Retail Property For Sale

• 100% leased with a diverse mix of retail & office

tenants with a strong occupancy history

• Located in a high-daytime population area

and surrounded by high-density residential

• Close to hundreds of newly-constructed

apartment units

• Increased housing and medical development in

the area is driving new retail demand

• Great visibility on Central Ave. to ±21,200 CPD

• One-half mile from I-25

• One minute from Presbyterian Hospital,

UNM and CNM

• 37 reserved parking spaces

• Located on the Historic Route 66

On the hard corner of Menaul Blvd. and 12th St.

Located in the heart of an established neighborhood

Excellent visibility

Kitchen infrastructure:

6'x9' hood

Floor drains

Grease trap

Walk-in cooler

FRP wall panels

3-compartment sinks

Front canopy creates usable outdoor space

Great opportunity for a "to go" restaurant concept

Fully fenced

VALUE ADD OPPORTUNITY KNOCKS- Your chance to own an established auto-shop in central Albuquerque location. With over ±3,200 SF, this property has endless opportunity! Zoned MX, the space consists of 7 bays along with a large office/ storage which can be used to fit your needs for the business you are looking to open. POSSIBLE CANNABIS LOCATION!!! The interior is almost a shell so customization will be a breeze. NEW ROOF AND EXTERIOR PAINT COMPLETED 04/2023. OWNER FINANCING AVAILABLE WITH SUFFICIENT DOWN PAYMENT

Amazing opportunity in the heart of Nob Hill with private parking and two garage spaces. Front building is approx 2100 sq ft and currently empty. Back building is approx 545 sq ft, 1 bedroom, 1 bath apartment. MX-M zoning allows for a ton of options for new businesses!

Owner User with Lease Potential. Unit 1 ( 2284SF ) Has a Bay Door, great for an Autoshop, Unit 2 ( 2274SF ) Retail / Reception in Front with Office Space in Back. Unit 3 ( 4556SF ) Barber Shop in Front with Cafe in Back. Renovations include.

812

New water heater

New paint

814

New two new heating/ac units

New front counter

New front floors

New tile floor in back office

816

New barber shop

New tile in barber

New plumbing in barber shop

New plumbing in kitchen

New drop down ceiling

Two new swamp coolers

New concert flooring

All new electrical

New paint

All new plumbing out to the road

Building,

New fencing in front,

New sidewalk in front

Repaired roof

New electrical for lighting

Complete security system

Sycamore Plaza commands a dominant position with a highly visible, easily accessible location at the intersection of Wyoming Boulevard NE and Academy Road NE. The Property and its tenancy further benefit from proximity to surrounding national retailers that include Walmart (shadow), Smith’s Grocer (Kroger) (Shadow), Whole Foods Market, HomeGoods and Starbucks. Sycamore Plaza is in close proximity to a substantial concentration of residential developments and a population of 123,229 and average household income of $103,296 within a 3-mile radius.

Historic 4th st Property - Powdrell's Barbecue Restaurant. Please do not disturb owner's and contact the broker for full details. Listed on the State and National Registry. Powdrell's is not closing, they are still operating and will continue to take orders at both locations until this location is sold. On a fully lit corner with nearly 1 acre of land. Could be redeveloped, or redesigned into another restaurant. Over 4700 SF, excluding the basement storage level.

This ground-level commercial condominium is part of the City Market Lofts building constructed in 2004. Upstairs in this 3-story brick building are 10 residential condos. The building has been fully occupied for a decade, and has been managed by EDo Spaces. Current tenants are Nuve Salon (since 2020), Spaces (since 2009), and EDo Storage (since 2012). Tenants are responsible for their own electricity, janitorial, and all non-structural repairs to the space and its equipment, including glass damage. Owner pays condo dues (which include building insurance, water-sewer-trash-recycling, and common area maintenance) and property taxes.

PROPERTY OVERVIEW

Skyview Center is a CVS anchored neighborhood retail center located at the intersection of Tramway and Indian School. Skyview has been an integral part of the Monte Largo Hills neighborhood since 1987 and continues to bring fitness, pharmacy, dog grooming, event space and more to the same community today. With a brand new 10 year lease for Snap Fitness, a new 5 year lease for Balanced Physical Therapy and a 5 year renewal for Waggin’ Tails Dog Grooming, this property is ready for a new owner to benefit from the consistent cashflow for years to come. Skyview is set within a beautiful green campus and has a backdrop of the Sandia Mountains. The Skyview Center is a condominium and does not include The View Event Center as part of the sale.

LOCATION OVERVIEW:

1530-1540 Tramway is located at the far east end of the NE Heights submarket, visible from Tramway Blvd and easily accessible by many of the surrounding neighborhoods. The NE Heights is known for its large concentration of residential homes in this area and it is expected that nearly 40% of all Albuquerque’s residents live within 5 miles of this center. Tramway is also known for attracting some of Albuquerque’s most wealthy individuals looking to live in the foothills of the Sandia Mountains. This neighborhood center benefits from this statistic with an average income of $73,000 within 1 mile of the center.

PROPERTY OVERVIEW

The Tantra Nightclub has gone by many names over the years but has always been a Downtown Albuquerque staple. This two-story building is a turn-key nightclub operation with an impressive bar, two dance floors, a mezzanine VIP area, and DJ sound stage. The property is in great shape with a recent renovation in 2022, which included service to the roof and HVAC, and still operates on a weekly basis. FF&E can convey with the building purchase if the new owner wants to continue to operate as a nightclub. The property also has the ability to be converted to a restaurant or pub using much of the existing plumbing, bar setup, and walk-ins.

LOCATION OVERVIEW

211 Gold is located in Downtown Albuquerque at the northwest quadrant of Gold Ave and 2nd St. Being located off Central Ave has its perks; mainly the distance from competing nightclubs, avoiding the shut down streets on the weekends and access to surrounding parking lots on the busy weekends. This building is situated among local restaurants, coffee shops, office tenants, and apartments in this dense sector of Albuquerque’s urban core.

Ideal location in Nob Hill with extra lot for parking

4864 sq feet building

2708 San Mateo is a 3,503 SF, two tenant retail/office building located in the NE Heights. Current tenant (Fred Loya) occupies 1901 SF, lease expired in September of 2025. Vacancy totals 1,602 SF an is currently an office buildout. If vacancy is leased at $14.00 PSF (market rent), then potential NOI for the whole building is $49,526.00. This property is highly visible to San Mateo and has a large monument sign that is grandfathered with the City of Albuquerque. Vacancy is currently built out with 3 offices & a breakroom/restroom. Property is ideal for an investor or owner/occupant for sale, or could be leased.

Outstanding free standing retail building recently redeveloped in 2021 to accommodate many retail uses. Ideal for a restaurant or entertainment venue or any other retail uses with a need for a high visibility, high traffic location in the middle of the city. New modern facade with the ability to fully enclose the attached patio. 16' clear height in the back space and 25 private parking spaces in addition to adjacent street parking. Two tenants may be considered, single tenant preferred.

Bite sized investment property for investors seeking minimal responsibilities and long term NNN lease in place. Tenant is a state licensed retail cannabis facility. Property is a former drive thru restaurant with drive thru capabilities still in place. NOI is $33,600 for a cap rate of 7% plus annual rental increases of 3%.

* Floor plan has been revised since 2022 remodel.

Located in a densely populated high-income trade area this site has an existing building of +/-1,813 SF, is drive-through permissive, and has a large pylon sign available. The trade area has a population of 50,372 & an average HHI of $90,750 with a 2 miles radius. Across from Albertsons & The Albuquerque Academy which enrolls 1,183 students the site presents itself as a great leasing/development opportunity.

Single Tenant Net Leased Drive Through

Fresh 10 Year Absolute NNN Lease

No Landlord Responsibilities

Excellent Visibility

Fast Growing Restaurant Concept

Hard Corner Location

Complete Renovation to Suit Tenant Completed October, 2022

Absolute Investment Realty has been selected as the exclusive representative for the sale of this absolute NNN leased hard corner fast food drive through located in the heart of Albuquerque. The tenant, Stripes Burrito Co., is a popular and growing local fast food chain. The remodel-to-suit of this property was completed it October 2022. The property is located at Smith’s (Kroger) anchored shopping center out parcel at the lit intersection of San Pedro Blvd. and Lomas Blvd. across from the New Mexico State Fair Grounds and a recently remodeled McDonald’s.

This particular Stripes restaurant property consists of a (+/-) 855 square foot drive-through only facility and a (+/-) 1,160 SF storage building.

The property a single-tenant net leased property. Stripes Burrito Co. is the tenant and is responsible for all expenses, repair & maintenance of the property. The tenant has executed a 10 year absolute NNN lease for the property.

The building is a dedicated fast food drive through restaurant on a hard-corner intersection with multiple access points, excellent signage and visibility. A complete remodel of an existing building was recently completed in October 2022.

Based in Albuquerque, NM, Stripes Burrito Co. serves breakfast, lunch & dinner in a primarily drive-through based setting. Since opening stripes has become wildly popular because of its reasonable prices, generous portion sizes, high quality food, and exceptional service.

Stripes Burrito Co. recently merged with Twisters, another popular regional brand with locations throughout New Mexico. Both Stripes and Twisters are affiliates of VKC restaurant group, a Houstan based restaurant group operating Subway brand restaurants. VKC Restaurant Group operates over 100 restaurant locations in Texas and New Mexico.

Stripes donates a portion of its profits to military and veterans based causes.

Stripes has won Albuquerque the Magazines Best of the City award 3 years running: 2020, 2021, 2022. for the Best Burrito, Best Breakfast Burrito, Best Sandwich (for it’s famous chicken sandwich).

HIGHLIGHTS

“Batter’s Edge” batting cage with 50 years of business

Great location between Central Ave. & Bridge Blvd.

Near a river crossing

Fully-enclosed yard with chain-link fencing

Upgraded power

Security lighting in place

Ample parking

Close to shopping

Cannabis-friendly site if redeveloped

ZONING

C-1, Bernalillo County

New EBT Food Sales increased income by 25%

Smoke Shop Items with High Profit Margin

Two 10,000 gal Fuel Tanks installed in 2010

Increased business since nearby Family Dollar closed.

500 gallon Propane Tank Station

All Inventory, Store Merchandise & Equipment Convey

Free Standing Building

Excellent Zoning allows a variety of uses

30,800 Central Ave Vehicles Per Day

HUGE OPPORTUNITY! 33,000 vehicle count per day! A rare commercial property at the Five Points intersection of Bridge Blvd & Sunset. Three separate buildings, on 3 lots, with parking, sold together at 1 price. The Five Points Village area has incredible potential for growth and development. Cannabis friendly, retail, office space, storage, production - mixed use.

Property is a Living Estate and being sold ''As is'' without any guarantees or contingencies of any kind. Sq ft is approximate, it is the buyer's responsibility to measure, if of material importance to the buyer.

LOTS ONE(1), Two(2), Three(3) of Block 2 of the HAMILTON ADDITION

Parcel ID lots 1 and 2: 101205653328741415

Parcel ID Lot 3: 101205652728541416

Established daycare facility with playgrounds, nursery, kitchen, and playrooms

Minutes away from Kirtland Air Force Base.

Business for sale through third party, Matt Nichols at NAI Sunvista.

• Retail/office space in University area, minutes from Nob Hill

• Easily demisable for multiple tenants

• Floor plan features private offices, work areas, and kitchen/break room area

• Parking in the front and back of building

- Discount if both properties are purchased together

- Versatile floor plans

- Month-to-month tenant

- Basement square footage is not included

- Secure yard for storage

- Great owner-user opportunity

- Easy access

- Direct frontage on 4th St.

100% fully occupied multi-tenant retail strip center available for purchase. Ideal investment property presented at 8.2% capitalization rate with NNN leases in place. Tons of parking, monument signage on Eubank, upscale interior and exterior build out, private fenced yard in back. Rent roll can be provided upon request.

***UPDATE*** Several new lenders are now available for traditional financing. Contact listing broker for details.

1,084+- sf walk up hamburger, fries, and shakes restaurant available for sale. Approximately .667 acres of land. Zoned MX-H, City of Albuquerque.

Note: Do not disturb employees. Business is operational. Schedule showing with broker.

This is a currently operating fuel station and convenience store located on a hard corner at Candelaria Rd and 12th St NW.

This station features six (6) double sided pumps and a very functional service station layout.

An unused standalone car wash is also located on the property.

Great visibility off the hard corner of Eubank & Central

±28,000 Cars Per Day drive by the center

1 mile away from I-40 with 94,000 cars per day

Surrounded by strong local/national fast food and big box retailers

Adjacent to the busiest Sandia National Labs and Kirtland Air Force Base entrance

The site has ample parking and multiple full access points on Central

Monument and suite signage along Central

• Signalized hard corner in the heart of Downtown

• Existing bank branch with 9 drive-thru lanes

• Can be subdivided

• 15,700 VPD on Lomas Blvd & 6th St

- Charming, renovated home now has 7 offices, 3 restrooms plus reception & waiting areas

- 1 block west of the metro & county courthouses

- 1 mile south of I-40 and 1 mile west of I-25

- 5 parking spaces on site and plenty of paid parking adjacent to the property to the south

Property has been approved for a conditional use to allow for the retail of cannabis located within 600 ft of another recreational cannabis retail

establishment by the ZHE date of decision 7/6/2022.

+/- 35,100 cars per day at San Mateo.

Easy access with right in, right out, left in, left out.

High visibility.

Cannabis friendly for grower, extractor or cannabis producer needing a kitchen.

Located on one of Albuquerque's highest traffic corridors, San Mateo.

On the going to work side.

Located along a retail corridor.

On the path to and near many major retail destination centers.

San Mateo CPD: +/- 35,100

Candelaria CPD: +/- 16,600