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5201 Central Ave Albuquerque, NM 87108

Prime Albuquerque location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 1.78-acre commercial property, located at 5201 Central Ave NE in Albuquerque, New Mexico, presents a unique investment opportunity. The site features a 14,204 square foot building, previously occupied by Walgreens, offering significant redevelopment potential. Its prime location on a hard corner in Bernalillo County provides excellent visibility and accessibility, making it ideal for a variety of retail uses. The property is classified as Class B and is available for sale, lease, or ground lease, presenting multiple options for potential buyers or tenants. The single-tenant configuration offers flexibility for future development. The ample parking and high traffic count make this a highly desirable location for businesses seeking strong visibility and customer access. This is a rare opportunity to acquire a substantial retail property in a thriving Albuquerque neighborhood with significant upside potential. The property's size and location make it an attractive prospect for investors and developers seeking a high-impact commercial investment in a dynamic market. The existing building provides a solid foundation for immediate occupancy or redevelopment, catering to a wide range of retail concepts. Consider the possibilities this Albuquerque gem offers.

Property Details for 5201 Central Ave

Property type
Retail properties, Land
RSF (Rentable sq. ft)
14,204 SF
Class
B

Unit(s) available at that property

Space
Size
77,537 SF

Location Insight

City
Albuquerque
County
Bernalillo
State
New Mexico
Latitude
35.07827095209
Longitude
-106.58687891663

FAQs

What type of property is this?
Retail property - Prime Albuquerque location, redevelopment opportunity.
Where is the retail property located?
The property is located at 5201 Central Ave Albuquerque, NM.
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5201 Central Ave
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