1619 San Pedro DrAlbuquerque, NM 87110

For Lease
$9.50/SF/YR

Albuquerque Retail Strip Center, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
92
This Albuquerque retail strip center, located at 1619-1625 San Pedro Drive Northeast, offers a prime investment opportunity. The 5,800 square foot property sits on a 0.25-acre lot and boasts high visibility and traffic counts in the Southeast Heights submarket. Currently featuring a mix of tenants including a thrift store, wellness center, and pet salon, there is 1,390 square feet of vacant space available for lease. The building comprises four separate suites, each approximately 1,470 square feet, with the potential to combine two adjacent suites into a single 2,940 square foot space. Each suite includes a kitchenette and restrooms, featuring an open floor plan ideal for a variety of uses. The property benefits from a recently updated parking lot with a prominent monument sign, providing excellent tenant signage opportunities. The 3.68 parking spaces per 1,000 square feet ratio ensures ample parking for customers and employees. Built in 1962, the property is zoned MX-L, allowing for a wide range of commercial uses, making it suitable for businesses such as music studios, yoga studios, art studios, dance studios, nail salons, or hair salons. Located in Bernalillo County, New Mexico, with a zip code of 87110, this property presents a compelling opportunity for investors seeking a well-located retail center with significant upside potential.

Highlights

  • High traffic counts ensure excellent customer exposure.
  • Prime central location offers easy accessibility.
  • High visibility from major thoroughfares maximizes marketing impact.
  • Monument signage opportunity provides strong brand presence.
  • Newly constructed parking lot provides ample parking for tenants and customers.
  • Ideal for a variety of service businesses, including studios and salons.

Property Details for 1619 San Pedro Dr

Property type
Neighborhood centers, Other retail properties
RSF (Rentable sq. ft)
5,800 SF
Year Built
1962

Unit(s) available at that property

Space
Suite 1625
Size
1,390 SF
Rate per SF
$9.50

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.0937066
Longitude
-106.5780107
1619 San Pedro Dr, Albuquerque, New Mexico

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1619 San Pedro Dr
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