Colliers New Mexico is pleased to offer One Central Plaza for sale—a 2018-built, mixed-use property featuring 78 apartment units, 35,475 square feet of retail space with approximately 20,000 SF of outdoor patios, and a 3-story, 432-space parking garage at the gateway to downtown Albuquerque. Positioned at Central Avenue and 1st Street, the property offers unmatched access to the city’s top entertainment, dining, and cultural destinations. The offering includes three condominium components that may be purchased individually or together: the residential units, the retail space (plus +/- 20,000 SF of shared patios), and the 432-space parking garage. Residents, retailers, and their customers benefit from dedicated parking, with additional spaces open to the public. Apartment rents are currently below market for comparable A-Class properties, with scheduled increases through 2025. The retail space is 44% occupied, and the offering memorandum reflects proforma rents at 95% occupancy, factoring in a future entertainment anchor currently under negotiation. Tenants include Canvas Artistry, Natural Fitness, La Zenita Mexican Restaurant, Yummy’s Mini Donuts, and Smile & Co. Designed by award-winning firms SMPC Architects and Studio Southwest Architects, One Central is a high-profile destination with strong demand from premier tenants.