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5201 Central AveAlbuquerque, NM 87108

For Lease
$10/SF/YR

14,204 SF Freestanding Retail Building

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 14,204-square-foot freestanding retail building is situated on a 1.78-acre lot in Albuquerque's vibrant Downtown submarket at 5201 Central Ave NE. The single-story building boasts a highly desirable drive-thru configuration, a rare find along Central Avenue. Its location on a signalized hard corner at two major thoroughfares ensures superior visibility and accessibility, with multiple full access points for optimal customer convenience. The property benefits from excellent exposure, with traffic counts exceeding 40,200 vehicles per day, guaranteeing high visibility for any business. Its proximity to the Louisiana Albuquerque Rapid Transit (ART) stop provides convenient public transportation access. Currently fully vacant, this property presents a unique opportunity for a variety of retail uses. The zoning is MX-M. The building is in excellent condition. A sublease with Walgreens is in place, expiring January 15, 2033. This prime location and substantial square footage make this an unparalleled investment opportunity in the heart of Albuquerque.

Highlights

  • 14,204 SF freestanding retail building on a 1.78-acre lot in Albuquerque's Downtown submarket.
  • Highly desirable drive-thru configuration on a signalized hard corner with excellent visibility and accessibility.
  • Over 40,200 vehicles per day pass the property, ensuring high traffic counts.
  • Conveniently located near the Louisiana Albuquerque Rapid Transit (ART) stop.
  • Currently vacant, offering a unique opportunity for various retail uses; MX-M zoning.
  • Excellent condition; sublease with Walgreens until January 15, 2033.

Property Details for 5201 Central Ave

Property type
Individual retail properties, Other retail properties
RSF (Rentable sq. ft)
14,204 SF
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
14,204 SF
Rate per SF
$10

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.078412697628
Longitude
-106.58633054605
5201 Central Ave, Albuquerque, New Mexico
+−
Leaflet | © OpenStreetMap contributors

Nearby Similar for Lease

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Contacts

Chase Ruffin
Chase Ruffin
Ben Perich
Ben Perich
Visit Broker Website

Learn more

Useful Information

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5201 Central Ave, Albuquerque, New Mexico, 87108

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5201 Central Ave
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