For SALE | Freestanding Retail/Office/Warehouse in University Area
5200 Central Ave SE Albuquerque, NM 87108
Overview
This versatile property boasts a sale price of $1,200,000 or a lease rate of $20 PSF + NNN for approximately 4,800 SF on 0.78 acres in a dynamic redevelopment hub. The MX-M zoned space features a free-standing building with drive-in warehouse and mechanic pit, a spacious showroom, ample parking, and owner improvements including a new roof, HVAC units, and more.
Perfect for medical, retail, auto, storefront, storage or open office, this property offers abundant parking along with 50,000 vehicles per day. Owner-financing and a promotional rate for short-term leases are available.
Additionally, the location is advantageous, being minutes from I-40, major hospitals, ABQ International Sunport and UNM, with convenient access to amenities including Albuquerque Rapid Transit (ART). Don't miss out on this prime investment opportunity with cannabis-friendly owners and an improvement allowance available for qualified tenants! Contact brokers for more information and the video tour.
Free Standing building on large lot
Large monument sign on Central Ave
Building and property improvements by owner to include a new roof, HVAC units, exterior and interior paint, and resurface parking lot
Spacious showroom space
Ample parking
On ABQ Rapid Transit bus line (ART)
Warehouse with drive in door
Improvement allowance available for qualified tenant
Perfect for medical/ treatment center, auto-related, retail or office use
Cannabis friendly owners
Sale Price $1,200,000, Owner financing available (contact brokers)
Lease Rate $20 PSF + NNN, Promotional rate available for short-term leases (contact brokers)
Links
For Sale
Secondary Uses: Coworking, Data Center/Call Center, Medical, Mixed Use, Flex Space, Office Building, Cannabis Dispensary, Bank, Car Wash, Convenience Store, Free Standing, Restaurant, Service Station/Gas Station, Showroom, Street Retail, Church, School, Vehicle Related
- Sale Price
- $1,200,000
- Price Per SF
- $250/SF
- Building Size
- 4,800 SF
- Acres
- 0.7231 ac
- Zoning
- MX-M
- Building Name
- 5200 Central Ave SE
- Floors
- 1
- Submarket
- University
- Property Use Type
- Net Leased (NNN)
- Vehicles Per Day
- 50,000 VPD
- Nearest Interstate
- I-25/I-40 - 1 mi
- County
- Bernalillo
- Created
- 2024-07-29
- Updated
- 2025-01-17
- Listing ID
- d85f8f9b
- Parcel APN
- 101705751816742910