5800 Gibson Blvd SE - Freestanding FOR SALE


Albuquerque, NM 87108- Siesta Hills
$400,000 USD
505-702-1379
5800 Gibson Blvd SE, Albuquerque, NM for Sale
$400,000 USD
Freestanding - FOR SALE
1/10
null | Request Cap Rate

5800 Gibson Blvd SE
Albuquerque, NM 87108
Siesta Hills


HIGHLIGHTS

  • 5800 Gibson Boulevard SE presents a freestanding retail building on a signalized hard corner, enabling prime visibility.
  • Originally constructed for a Papa John's pizzeria, the building was most recently used as a cannabis dispensary.
  • Offered to the market with flexible options to sublease (master lease expires 1/31/27), start a new lease, or purchase.
  • Prominent building location with large building signage and pylon signage at the corner.
  • Easy access from both Gibson and San Pedro and frontage to over 20,000 vehicles per day.
  • Great draw from the Kirtland Air Force Base, Sandia National Labs, the VA, UNM, and just 2.5 miles from the Albuquerque Sunport.

OVERVIEW

5800 Gibson Boulevard SE is a freestanding retail building located at the signalized hard corner of Gibson Boulevard and San Pedro Drive. The building is being offered for sublease (current term expiring January 31, 2027), a brand-new lease, or for purchase. The building was most recently a cannabis dispensary, but was constructed for Papa John's and may pose an opportunity for another restaurant user or even a drive-thru pad. The building has great curb appeal with 131 feet of frontage on Gibson, featuring prominent building signage and a large pylon sign right at the lighted intersection. The building has an excellent layout, great access points on both Gibson and San Pedro, and 14 parking spaces out front of the building. The premises are currently configured with a large open sales floor with a back office, storage locker, and two restrooms towards the rear of the space.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Freestanding Retail Near Airport

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

MX-L (formerly C-1)

APN/PARCEL ID

1-018-055-272524-1-01-21

ASK ABOUT THIS PROPERTY

Austin TidwellRESOLUT REMore Info
505-702-1379

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Austin TidwellRESOLUT REMore Info
505-702-1379

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