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Retail Property for Sale, 5301 Menaul Blvd NE

LOCATION: 5301 Menaul Blvd. NE, Albuquerque, NM 87110

ZONING: MX-M, City of Albuquerque

LAND AREA: 2.6114+/- square feet

BUILDING: 30,000 +/- square feet in the Four Story Tower
Plus approx. 32,000± Square Feet in the Retail Showroom & Offices
TOTAL: Approx. 62,000± Total Square Feet

TRAFFIC COUNTS: 31,300 on Menaul, 36,700 on San Mateo

PRICE: $3,990,000
LEASE TERM: See Agent

INCOME: $252,000/Year, NNN for Baillio’s
Plus $15,600/Year for Verizon Cell Tower
TOTAL: $267,600/Year Income

RENTAL INCREASES: 2% Annual Increases in the Rent for Baillio’s

OPTIONS TO EXTEND: Three 5 Year Options to Extend

CAP RATE: 6.71%

DEMOGRAPHICS:

  1 Mile 3 Miles 5 Miles
Total Population 6,888 55,900 138,735
Median HH Income $45,437 $42,196 $44,504
Average HH Income $57,214 $60,332 $62,477

 

REMARKS: The Tenant occupies the entire four story tower, the retail showroom and offices. This retail investment property is located near the busy intersection of Menaul & San Mateo, is located in a highly sought after retail corridor, it is in heavy traffic area of Albuquerque, is located close to major shopping malls, and has easy access to I-40.

Retail Property for Lease, 7610 Carmel Ave NE

LOCATION: 7610 Carmel Ave. NE, Suite D, Albuquerque, NM 87122

ZONING: MX-M, City of Albuquerque

SPACE: 1,616+/- square feet

PARKING: 4.8/1,000

LEASE RATE: See Agent

LEASE TERM: 5 year lease

AVAILABLE: December 2018

DEMOGRAPHICS:

  1 Mile 3 Miles 5 Miles
Total Population 16,695 67,035 176,127
Median HH Inc $85,200 $68,534 $58,967
Average HH Inc. $103,419 $93,661 $85,026

 

REMARKS: Great retail location with some of the best demographics in the City! This property is located close to La Cueva High School, city parks, a dog park, the City multi-general center, skate park and La Cueva Shopping Center. The tenants in this center include Best Lee’s & Snap Fitness to the east, and Smith’s, Ross, Starbuck’s, Wells Fargo, Dollar Tree, Big 5, and many more to the south/east!

For Lease – 1570 Juan Tabo NE.

LOCATION: 1570 Juan Tabo Blvd. NE, Albuquerque, New Mexico 87112

ZONING: MX-L, City of Albuquerque

BUILDING: 5,420 +/- square feet

TRAFFIC COUNTS: 31,700 cars per day

LEASE RATE: See Agent

PARKING: 20 onsite spaces

DEMOGRAPHICS:

  1 Mile 3 Miles 5 Miles
Total Population 18,653 126,469 247,748
Median HH Inc $44,380 $45,950 $47,495
Average HH Inc. $55,427 $62,815 $66,946

 

REMARKS: Good northeast heights location with great signage, great visibility, good traffic counts, good demographics and has ample parking. The building has a large showroom area and a two level storage area.

For LEASE – 5801 Menaul Blvd NE

LOCATION: 5801 Menaul Blvd. NE, Albuquerque, New Mexico 87110

ZONING: MX-M, City of Albuquerque

SPACE: 1,711 to 3,751+/- square feet

TRAFFIC COUNT: 31,100 cars per day

PARKING: 4/1,000

LEASE RATE: See Agent

AVAILABLE: January 2018

DEMOGRAPHICS:

  1 Mile 3 Miles 5 Miles
Total Population 13,827 130,554 324,368
Median HH Inc $44,393 $40,116 $42,179
Average HH Inc. $54,736 $57,057 $60,122

 

REMARKS: Great location on Menaul located close to Coronado Mall. Great
traffic counts, visibility, signage and access.

Retail Building, 5312 Phoenix NE

LOCATION: 5312 Phoenix NE, Albuquerque, New Mexico 87110

ZONING: MX-M, City of Albuquerque

LAND AREA: 1.0574+/-Acre

LEGAL: Tract A-1-A

BUILDING: 12,946 +/- square feet

PARKING: Approx. 57 onsite spaces

TRAFFIC COUNTS: 33,300 ADT on San Mateo, 31,100 ADT on Menaul (2016 MRCOG)

PRICE: $875,000    $850,000

2018 Est. DEMOGRAPHICS:

  1 Mile 3 Miles 5 Miles
Total Population 14,186 122,686 318,256
Average HH Income $54,829 $60,616 $63,053
Total Employees 13,034 135,098 283,858

 

REMARKS: This property is located close to the busy intersection of Menaul & San Mateo, has a dry sprinkler system, 250 amps of three phase power, paved and lighted parking, small dock loading, some security fencing, and has easy access to I-40.

Retail Space for lease, 12500 Montgomery Blvd NE

LOCATION: 12500 Montgomery Blvd. NE, Albuquerque, New Mexico 87111

ZONING: MX-M, City of Albuquerque

TRAFFIC COUNT: 14,600 CPD on Montgomery/25,700 CPD on Tramway

PARKING: 4.5/1,000

BUILDING: 1,100 to 4,400 square feet

LEASE RATE: Negotiable

DEMOGRAPHICS: 

  1 Mile 3 Miles 5 Miles
Total Population 13,146 92,728 214,220
Median HH Inc $73,951 $58,915 $53,064
Average HH Inc. $99,126 $82,472 $74,400

 

REMARKS: Rehabbed center located at the southwest corner of Montgomery & Tramway. Have your tenants join Subway, Solarium, Hot Yoga, Jazzercise, Howie’s, and others. Other tenants in the area include Smith’s, McDonald’s, Ethan Allen, Taco Bell, Sports & Wellness, Papa Murphy’s, and many others. We have retail, office, and a ATM pad available for lease.