Retail Space
3621 Menaul Boulevard Northeast Albuquerque, NM 87110
Details & Description
Price: $11,250,000
    Total Building Size: +/- 162,902Purchase Price: $11,250,000 (69.06 / SF)Existing NOI: $1,234,545.44Property Highlights:• 4 prominent monument signs• 1 minute north of I-40• 7 access points into the shopping center• 4.2:1,000 parking ratio• Ground lease is paying $63,109.51 annually through 12/31/23• Buy a ground lease today and own a shopping center in the future• Current tenants include: Planet Fitness, Furniture City, The Mattress Firm, Savers, Eyemart Express, Pur Life, Livingston Hearing Aid Center, Beets Juice Bar and Sergio’s Hair Studio
    Additional Photos
    Listing Agents
    Dave Hill

    O: 505-998-1576
    M: 505-238-6413
    dave@sunvista.com
    Debbie Harms

    O: 505-998-1560
    M: 505-998-1560
    debbie@sunvista.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    3621 Menaul Boulevard Northeast

    Albuquerque, NM 87110

    Listing ID: 232030
    • 3621 Menaul Boulevard Northeast Albuquerque, NM 87110 | for Sale | Photo 1
    • 3621 Menaul Boulevard Northeast Albuquerque, NM 87110 | for Sale | Photo 2
    • 3621 Menaul Boulevard Northeast Albuquerque, NM 87110 | for Sale | Photo 3
    • 3621 Menaul Boulevard Northeast Albuquerque, NM 87110 | for Sale | Photo 4
    • 3621 Menaul Boulevard Northeast Albuquerque, NM 87110 | for Sale | Photo 5
    • 3621 Menaul Boulevard Northeast Albuquerque, NM 87110 | for Sale | Photo 6
    3621 Menaul Boulevard Northeast | for Sale | Thumbnail 1
    3621 Menaul Boulevard Northeast | for Sale | Thumbnail 2
    3621 Menaul Boulevard Northeast | for Sale | Thumbnail 3
    3621 Menaul Boulevard Northeast | for Sale | Thumbnail 4
    3621 Menaul Boulevard Northeast | for Sale | Thumbnail 5
    3621 Menaul Boulevard Northeast | for Sale | Thumbnail 6
    Building Size: 162,902 SF
    Lot Size: 13.610 AC
    Land Size: 592,851 SF
    Building $/SF: $69.06
    Land $/SF: $18.98
    Price
    $11,250,000
    Description

    Total Building Size: +/- 162,902

    Purchase Price: $11,250,000 (69.06 / SF)

    Existing NOI: $1,234,545.44

    Property Highlights:

    • 4 prominent monument signs

    • 1 minute north of I-40

    • 7 access points into the shopping center

    • 4.2:1,000 parking ratio

    • Ground lease is paying $63,109.51 annually through 12/31/23

    • Buy a ground lease today and own a shopping center in the future

    • Current tenants include: Planet Fitness, Furniture City, The Mattress Firm, Savers, Eyemart Express, Pur Life, Livingston Hearing Aid Center, Beets Juice Bar and Sergio’s Hair Studio

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Albuquerque History of Retail Space for Sale

    Loan and Amortization Calculator

    Listing Price
    Down Payment

    Loan Amount:
    Interest Rate:
    Term (months):

    Your Monthly Payment

    $0.00

    Total Principal: --

    Total Interest: --

    Total Cost: --

    Albuquerque Area Market Trends

    Listing Demographics for 3621 Menaul Boulevard Northeast Albuquerque, NM 87110

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,570104,246274,087
    Population Median Age384040
    Population by Age0-9 Yrs1592 (12%)9923 (9%)29827 (10%)
    10-19 Yrs943 (7%)10974 (10%)30249 (11%)
    20-29 Yrs2604 (20%)19425 (18%)44766 (16%)
    30-39 Yrs2051 (16%)15830 (15%)39678 (14%)
    40-49 Yrs1216 (9%)11711 (11%)31264 (11%)
    50-59 Yrs1543 (12%)12827 (12%)34414 (12%)
    60-69 Yrs1441 (11%)12042 (11%)32815 (11%)
    70+ Yrs1180 (9%)11514 (11%)31074 (11%)
    Median HH Income$38,874$42,249$43,670
    Total Household Income< 24K1774 (32%)14593 (30%)35519 (29%)
    25-49K1431 (26%)12285 (26%)30314 (25%)
    50-74K806 (14%)7527 (15%)19396 (16%)
    75-99K588 (10%)4658 (9%)12088 (10%)
    100-199K562 (10%)6510 (13%)17125 (14%)
    200K+231 (4%)1553 (3%)4201 (3%)
    Highest Education LevelNo Diploma981672521843
    Diploma or GED19531481042863
    Some College20191755345359
    Assoc. Degree556519614180
    Bachelors Degree14021561437181
    Higher Degree19621422032052
    Total Housing Units5,83052,766132,794
    --Owner-Occupied2,82721,52160,442
    --Renter-Occupied2,56625,60558,201
    Owner-Occupied Values< 100K42822526958
    100-199K1111861124408
    200-299K628623516986
    300-399K29729667040
    400-499K2367962636
    500K+1266612413
    Total Working Age Population10,40688,734227,108
    In Work Force6,97056,478140,550
    Not In Work Force3,43632,25786,558
    Workforce Employed6,58552,742130,956
    Workforce Unemployed3693,4578,429
    Civlian Workforce6,95456,199139,384
    Military Workforce162791,165
    Total Households5,39347,126118,643
    Family Households2,74221,51060,220
    Non-Family Households2,65125,61658,423
    Married Couple1,50512,76536,878
    Other Family1,2378,74423,342
    Married w/Child4204,08312,353
    Single Male w/Child1361,1683,007
    Single Female w/Child4753,0028,522

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    New Mexico1,819,046+132,059,179+62,187,183+62,308,475
    Bernalillo County556,678+19662,564+8715,115+7763,571

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 3621 Menaul Boulevard Northeast in Albuquerque?
    The asking price for 3621 Menaul Boulevard Northeast is $11,250,000
    What is the building size of this Retail property in Albuquerque, NM?
    The size of the building/unit at 3621 Menaul Boulevard Northeast in Albuquerque is 162,902 square feet
    How much land does the Albuquerque, NM property at 3621 Menaul Boulevard Northeast include?
    3621 Menaul Boulevard Northeast in Albuquerque includes 13.610 acres of land
    What kind of Retail is the propery at 3621 Menaul Boulevard Northeast?
    The property at 3621 Menaul Boulevard Northeast Albuquerque, NM 87110 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 3621 Menaul Boulevard Northeast in Albuquerque?
    The population within 1 mile of 3621 Menaul Boulevard Northeast Albuquerque, NM 87110 is 12,570 people.
    Who do I contact for questions about 3621 Menaul Boulevard Northeast?
    You should contact the listing agent, Dave Hill, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 5
    Rick Husband Amarillo International Airport (AMA) 277
    Lubbock Preston Smith International Airport (LBB) 290
    Price
    $11,250,000
    Listing Agent
    Listing Co-Agent
    Dave Hill - CRE Agent at

    Debbie Harms

    NAI SunVista
    More listings from Dave Hill
    Featured Local Vendors
    • SUPPORT OUR FREE PLATFORM •
    The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
    • Plumbing Contractors •
    Number One Plumbing AC Solar Electric logo
    Get it all flowing again with a click!

    Share
    Other property types near Albuquerque, NM