2117 Menaul Blvd - Freestanding FOR SALE


Albuquerque, NM 87107- Indian Acres
$799,950 USD
505-878-0001
2117 Menaul Blvd, Albuquerque, NM for Sale
$799,950 USD
Freestanding - FOR SALE
1/7
null | 7.22% Cap Rate

2117 Menaul Blvd
Albuquerque, NM 87107
Indian Acres


HIGHLIGHTS

  • Located seconds from the I-40 & I-25 interchange
  • Over 24,000 cars per day on Menaul Blvd.
  • Fully leased with long-term tenants through 2027
  • New roof installed in 2025; Suite A renovated in 2022
  • Situated in the Menaul Metropolitan Redevelopment Area
  • Monument signage and ample on-site parking

OVERVIEW

Positioned in the heart of Albuquerque’s thriving commercial corridor, 2117 Menaul Blvd. NE presents a compelling multi-tenant retail investment opportunity. This ±3,730 SF freestanding building sits on ±0.32 acres and benefits from exceptional visibility along Menaul Blvd., which sees over 24,000 vehicles daily. The property is strategically located near the I-40 and I-25 interchange, offering seamless access to the broader metro area and beyond. The asset is fully leased to two tenants—Green Central Station and Massage Spa—both with lease terms extending through September 2027. Suite A underwent a full renovation in 2022, and the building received a new roof in 2025, minimizing near-term capital expenditures. The site is situated within the officially adopted Menaul Metropolitan Redevelopment Area, enhancing its long-term value and positioning. Surrounded by national hotel brands and quick-service restaurants, the property benefits from strong co-tenancy and consumer traffic. Monument signage, ample parking, and NR-LM zoning further support a wide range of retail uses. With a 7.22% cap rate and a net operating income of $57,786, this stabilized investment offers immediate cash flow and long-term upside in one of Albuquerque’s most accessible and business-friendly districts.

FOR SALE DETAILS

PRICE

$799,950 USD

PRICE/SF

$214 USD /SF

CAP RATE

7.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

NR-LM

APN/PARCEL ID

1-016-059-068277-2-15-02

ASK ABOUT THIS PROPERTY

Alexis LovatoNAI Sun VistaMore Info
505-878-0001

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Alexis LovatoNAI Sun VistaMore Info
505-878-0001

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.