5201 Central AveAlbuquerque, NM 87108

Property Details for 5201 Central Ave

Year built

2004

Lot size

1.78 AC

Property size (Sq ft)

14,125 SF

Property type

Drug stores

APN

1-017-057-524-207-4-39-15

APU

101705752420743915

Description

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.

Location Insight

City

Albuquerque

County

Bernalillo

State

New Mexico

Latitude

35.0784

Longitude

-106.587

CBSA code

10740

CBSA name

ALBUQUERQUE, NM METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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