For Lease
$18/SF/YR

1698 Rio Bravo Blvd Albuquerque, NM 87105

South Valley retail space available; high traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional retail opportunity presents 22,405 square feet of space within the well-established Rio Bravo Shopping Center, located in the South Valley submarket of Bernalillo County. The single-story, 1988-built Class B property features nine suites, with a significant 8,573 square feet currently vacant, offering a minimum divisible space of 1,100 square feet and a maximum contiguous space of 8,573 square feet. The property sits on a 2.7-acre lot and boasts ample parking with a 5:1,000 ratio. Benefitting from high visibility and over 300 feet of frontage along Rio Bravo Boulevard, this key retail intersection sees substantial traffic, with Rio Bravo Boulevard averaging 23,950 vehicles per day and Isleta Boulevard SW averaging 21,290 vehicles per day. The property is zoned SU-SC (Bernalillo County) and is situated near established businesses, including McDonald's and area medical providers such as Presbyterian Health Clinic and Albuquerque Health Partners. The South Valley submarket, specifically the Rio Bravo Boulevard corridor, presents an underserved retail area, with only approximately 9.10 square feet of retail space per capita, compared to approximately 45.10 square feet in the Far Northeast Heights. This presents a unique opportunity for businesses to tap into a growing market. The property's location and high traffic counts make it an ideal location for a variety of retail uses. The APN is 101205330841610720.

Highlights

  • 22,405 SF retail shopping center with 8,573 SF available for lease.
  • Located in the Rio Bravo Blvd corridor of the South Valley submarket, Bernalillo County.
  • Features 9 suites, with a minimum divisible space of 1,100 SF and a maximum contiguous space of 8,573 SF.
  • High visibility with over 300 feet of frontage on Rio Bravo Blvd, adjacent to McDonald's.
  • Ample parking (5 spaces per 1,000 SF), zoned SU-SC, Bernalillo County.

Property Details for 1698 Rio Bravo Blvd

Property type
Neighborhood centers, Lifestyle centers
RSF (Rentable sq. ft)
22,405 SF
Class
B
Year Built
1988
Buildings
1
Stories
1

Unit(s) available at that property

Space
Suite L
Size
6,108 SF
Rate per SF
$18

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.026320529933
Longitude
-106.68174574218

FAQs

What type of property is this?
Neighborhood center - South Valley retail space available; high traffic location.
Where is the neighborhood center located?
The property is located at 1698 Rio Bravo Blvd Albuquerque, NM.
What is the lease rate?
The lease rate is $18/SF/YR.
What are key features of this property?
This property features: 22,405 SF retail shopping center with 8,573 SF available for lease.; Located in the Rio Bravo Blvd corridor of the South Valley submarket, Bernalillo County.; Features 9 suites, with a minimum divisible space of 1,100 SF and a maximum contiguous space of 8,573 SF.
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1698 Rio Bravo Blvd
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