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5811 Menaul Blvd NE
5811 Menaul Blvd NE Albuquerque, NM 87110
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Overview
- Two-Unit NNN Retail Investment with Improved Cap Rate of 8.4%
- Low-management on busy retail corridor
- Excellent visibility along Menaul Blvd. to 29,600 cars per day
- Adjacent to Coronado Mall and Uptown Retail District
- Positioned among national retailers
- Two points of access along Menaul Blvd. and Cagua Dr.
- Dedicated pylon and building mounted signage available for each tenant
- 26 shared parking spaces
- Recently-updated façade
- New 60-mil TPO roof (2024) with 5-year labor and 10-year material warranty
- Refrigerated air/central heat in each unit
- Individually-metered electric/gas utilities
- Fully-leased to two NNN tenants, one with a long-term history
- Simple, low-management asset
Attachments
Links
For Sale
Investment
Retail
- Sale Price
- $1,590,000
- Price Per SF
- $208.7/SF
- Cap Rate
- 8.42%
- Building Size
- 7,619 SF
- Acres
- 0.4339 ac
- Zoning
- MX-M
- Zoning Description
- Moderate Intensity
- Net Operating Income
- $133,800
- Building Name
- Two-Unit NNN Retail Investment
- Parking Spaces
- 26
- Submarket
- Northeast Heights
- Property Use Type
- Net Leased (NNN)
- County
- Bernalillo
- Created
- 2025-05-01
- Updated
- 2025-09-23
- Listing ID
- eaff55bd
- Parcel APN
- 101805922227420503