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2117 Menaul Blvd 3,820 SF 100% Leased Retail Building Albuquerque, NM 87107 $964,691 CAD ($252.54 CAD/SF) 7.84% Cap Rate
Investment Highlights
- New TPO roof as of May 2025
- Functional building layout
- Ample parking
- Brand new matching 3.5 ton HVAC combo units as of March 2026
- Good tenant mix
- 100% occupancy
Executive Summary
Explore a promising retail investment opportunity with this 3,820 SF property in Albuquerque. Constructed in 1965 and zoned NR-LM, this well-maintained building offers flexibility for various retail uses. With its strategic location and versatile zoning, this property is an ideal choice for retail investors looking to capitalize on the vibrant retail market in the area.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,820 SF
Building Class
C
Year Built/Renovated
1965/2022
Price
$964,691 CAD
Price Per SF
$252.54 CAD
Cap Rate
7.84%
NOI
$75,610 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
NR-LM - Non Residential - Light Manufacturing
Frontage
Amenities
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Greenleaf Dispensary
- Retailer
-
99,999 SF
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Greenleaf Dispensary | Retailer | 99,999 SF | - | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-016-059-068277-2-15-02 | Improvements Assessment | $123,083 CAD |
| Land Assessment | $42,543 CAD | Total Assessment | $165,626 CAD |
Property Taxes
Parcel Number
1-016-059-068277-2-15-02
Land Assessment
$42,543 CAD
Improvements Assessment
$123,083 CAD
Total Assessment
$165,626 CAD
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2117 Menaul Blvd
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