Investment Commercial Real Estate for Sale in Albuquerque, New Mexico (NM)

Sale Investment

1810 Broadway Blvd SE

1810 Broadway Blvd SE, Albuquerque, NM 87102

$939.9K
10,780 SF building
0 ac
5.13% cap rate

Nestled on the South Broadway corridor between Downtown and the University of New Mexico, 1810 and 1814 Broadway Blvd SE sit at the center of one of Albuquerque's most active reinvestment areas, with the Rail Yards and the Sunport close by and UNM's Target-anchored Lobo Crossing under construction about a mile away, bringing fresh energy and investment to the blocks around it. Two parcels, four spaces, and flexible MX-L zoning that lets retail, warehouse, office, and residential uses live side by side, a combination that is hard to find and harder to assemble. Run your business from the street-front retail and warehouse space while two residences sit on the same dirt paying rent, or hold it as a pure investment and let the mix of commercial and residential tenants spread your risk. This is Broadway frontage with room to grow into the corridor's future.The financials tell the same story. The property is fully occupied and producing $79,200 a year in gross rent, and every space is leased below market. At market rents it produces $109,045 a year, lifting net operating income from $48,254 today to a projected $75,192, and the cap rate from 5.13% to 8.00%. Priced at about $87 per square foot against nearby comparables at $93 to $200 per square foot, it sits well below replacement cost and below the corridor's own sales. Expenses run lean at $26,986 a year with no management fee in the numbers, so nearly every dollar of rent growth falls to the bottom line. Buy the income that is already there, at a price per foot the corridor has already passed by, and let the neighborhood's momentum close the rest of the gap. 1. Four income streams on two MX-L parcels, retail, warehouse, and two residences, risk spread across commercial and residential tenants2. Fully occupied at below-market rents, $79,200 a year in place against $109,045 at market3. NOI upside from $48,254 to a projected $75,192, cap rate from 5.13% to 8.00% at market rents4. Priced at about $87 per square foot, below nearby comparables at $93 to $200 per square foot5. Lean expense base of $26,986 a year, no management fee carried, so rent growth flows to the bottom line6. Built for an owner-user, operate from the retail and warehouse while the residences help carry the mortgage7. Steps from the corridor's momentum, Lobo Crossing under construction about a mile away, 1.6 miles to Downtown, 2.6 miles to the Sunport

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Sale LandInvestment

2820 Pura Vida Way

2820 Pura Vida Way, Albuquerque, NM 87121

$596K
4 ac

Exclusive Development Opportunity: 3.76 Acres Approved for RV and Boat StorageDiscover the potential of this 3.76-acre development site, uniquely approved by Bernalillo County for special use zoning as an RV and Boat Storage facility. This prime location offers an exceptional investment opportunity in a high-demand market.Strategically situated on Coors Blvd, which saw traffic in excess of 20,000 cars per day in 2022, this site ensures maximum visibility and convenience for RV and boat owners looking for secure and accessible storage solutions. The surrounding area features robust growth, adding to the appeal and potential profitability of this project. Key Features:▪️ Special Use Zoning: Approved by Bernalillo County for RV and Boat Storage.▪️ Prime Location: Easy access to major highways and transportation routes.▪️ High Traffic: Situated on Coors Blvd with over 20,000 cars passing daily.▪️ High Demand: Over 35,000 occupied residential units within a 3-mile radius, with most newer subdivisions prohibiting on-site storage at residences.▪️ Investment Potential: Ideal for capitalizing on the increasing popularity of recreational vehicles and boating.Capitalize on this exclusive opportunity to develop a state-of-the-art RV and boat storage facility, meeting the needs of a growing community and ensuring a high return on investment. Don’t miss your chance to bring this approved project to life on this expansive 3.76-acre site.

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Sale InvestmentRetail

New NNN Investment Opportunity

3937 Coors Blvd NW, Albuquerque, NM 87120

$2.7M
8,000 SF building
1 ac
5.24% cap rate

TENANTLindo Mexico Mexican Cuisine Restaurant-3 Locations in New Mexico,-Started in 1995SALE PRICE$2,670,000CAP RATE5.25%RENT INCREASES10% Increases Every 5 YearsLEASE TERM10-Year Primary TermRENEWAL OPTIONS6 x 5-Year optionsBUILDING/LOT SIZE±8,000 SF Building Under Construction on ±1.02 AcresTRAFFIC COUNTS±49,900 cars per day on Coors Blvd.±8,300 cars per day on Saint Josephs Dr.

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Sale Investment

Marble Brewing 8% Sale Lease Back Investment

111 Marble Ave NW, 102 Granite Ave NW, Albuquerque, NM 87102

$7.7M
19,793 SF building
1 ac
8.00% cap rate

Sale/leaseback of the Marble Brewery campus, a three-parcel assembly totaling 42,310 square feet of land and 19,793 square feet of building area in DowntownAlbuquerque, New Mexico. The offering represents a stabilized, income-producing net lease investment anchored by one of New Mexico’s most established craft brewery brands, secured by a 20-year NNN master lease and a corporate lease guaranty. The owner is offering to lease back with $612,000 in current annual net operating income at an 8.0% capitalization rate, with contractual rent escalations of 2.0% throughout the initial term and option periods. Under the NNN structure, the tenant bears full responsibility for taxes, insurance, utilities, and moat maintenance obligations, providing the investor a passive income stream. Landlord responsibilities limited to roof andstructure. 20 year sale-leasebackNNN Lease StructureAnnual rent escalation

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Sale IndustrialInvestment

NNN Industrial Investment

2700 Girard Blvd NE, 2704-2708 Girard Blvd NE, Albuquerque, NM 87107

$6.3M
54,000 SF building
2 ac

This offering presents an opportunity to acquire a 54,000-square-foot, two-building industrial portfolio combining durable in-place income with value creation and owner-user flexibility. Offered at $6,250,000, the property provides investors with an established income-producing asset alongside a second building positioned for lease-up, occupancy, or future repositioning.2700 GirardThe cornerstone of the investment is 2700 Girard Blvd NE, a 40,000-square-foot industrial facility leased to Johnstone Supply, The Balsan Group, dba Johnstone Supply, an established HVAC/R distributor affiliated with the nationally recognized brand. The initial lease extends through February 2036 and includes two additional five- year extension options, providing long-term income and the potential for continued occupancy. At the offering price allocation, the Johnstone Supply building is valued at a 7.0% capitalization rate.2704 - 2708 GirardThe adjacent 2704–2708 Girard Blvd NE consists of one to four suites, totaling approximately 14,000 square feet and will delivered vacant. Valued at approximately $130 per square foot, this building creates a compelling value-add component within the offering. A new owner can pursue lease-up to generate additional NOI and enhance overall investment returns, or an owner-user can occupy the building while benefiting from the income generated by the adjacent Johnstone Supply tenancy. Property HighlightsSTABLE NATIONALLY KNOWN TENANTJohnstone Supply, The Baslan Group is a privately held, family-owned HVAC/R distribution company headquartered in Downingtown, Pennsylvania. Founded in 1995 with a single Johnstone Supply location in Pennsylvania, the company has expanded through organic growth and acquisitions to 22 locations across seven states, including Pennsylvania, Maryland, New York, Massachusetts, Maine, New Hampshire and Vermont.PREDICTABLE INCOME. MINIMAL MANAGEMENT.NNN lease structure designed to provide predictable cash flow with minimal ownership responsibilities. Under the lease, the tenant is responsible for the majority of property operating expenses and maintenance obligations, with the landlord retaining responsibility for roof maintenance and very limited parking lot maintenance.BUILT-IN INCOME GROWTHThe lease provides 3% annual rent escalations throughout the remaining initial term, creating consistent contractual NOI growth without requiring additional capital investment or lease negotiations. These annual increases compound to help offset inflation while allowing ownership to benefit from steadily increasing cash flow through February 2036.INCOME TODAY, UPSIDE TOMORROWThe offering combines the security of immediate, long-term income from 2700 Girard Blvd NE with a clear path to additional value creation. With 2704–2708 Girard Blvd NE vacant, a new owner has the opportunity to lease the 14,000 SF building to one or up to four tenants and capture additional NOI, potentially increasing both portfolio cash flow and overall asset value.LONG-TERM EXTENSION POTENTIALThe tenant holds two additional five-year extension options, providing the potential to extend occupancy for up to 10 years beyond the initial lease term. Importantly, the lease maintains 3% annual rent escalations during the option periods, allowing rental income to continue growing throughout an extended tenancy and providing ownership with additional long-term income potential.DUE DILIGENCE THAT INSPIRES CONFIDENCESignificant environmental and structural due diligence has already been completed, providing prospective purchasers with greater clarity regarding two common areas of concern for industrial properties of this vintage. A Phase II Environmental Site Assessment completed in 2024 resulted in no actionable recommendations. Additionally, given the potential for settlement among buildings of similar age in the surrounding area, the property has undergone a structural evaluation in 2021 which reported no foundation movement, providing additional confidence in the building’s structural performance and potentially reducing uncertainty during purchaser due diligence.

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Sale InvestmentMultifamily

9607 Central NW

9607 Central Ave NW, Albuquerque, NM 87121

$1.4M
6,845 SF building
1 ac
7.80% cap rate

Investment sale opportunity at 9607 Central Ave NW in Albuquerque, New Mexico, comprising a multifamily property with 11 residential units and three RV pad sites. The property includes six buildings totaling approximately 6,845 square feet on two parcels totaling 1.3993 acres.The unit mix consists of two studios, five one-bedroom units, three two-bedroom units, and one three-bedroom house. Originally built in 1946, the property is zoned NR-BP and offers additional land for storage or potential future development, subject to applicable approvals.Located along historic Route 66, the property is within walking distance of El Mezquite Marketplace, Starbucks, and McDonald’s, with additional library and retail amenities a short drive away. The NR-BP zoning district accommodates a range of nonresidential uses, including office, commercial, research, industrial, distribution, showroom, processing, and institutional uses.The asking price is $1,427,100, with a reported 7.8% cap rate.

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