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4100 Menaul Blvd NE
Albuquerque, NM 87110
Sierra Square · Retail Property For Sale


Investment Highlights
- Prime Uptown Albuquerque location with 26,700± daily traffic exposure
- Steel frame/stucco construction with TPO roof installed in 2014
- Adjacent property available for separate acquisition
- Two-story configuration with retail on the ground floor and office above
- MX-M zoning supports diverse commercial uses in a vibrant trade area
Executive Summary
Located in the heart of Albuquerque’s Uptown area, 4100 Menaul Blvd NE presents a fully leased, two-story retail and office investment opportunity with strong in-place income and excellent visibility. The property spans approximately 17,730 square feet and is situated on 0.7461± acres with a generous parking ratio of 3.5 spaces per 1,000 SF, totaling 60 parking spaces.
Built in 1983 and maintained in excellent condition, the building features steel frame and stucco construction, a TPO roof installed in 2014, and a layout that includes ground-floor retail and second-floor office suites. The site benefits from MX-M zoning, allowing for a mix of commercial uses, and is positioned at the intersection of Menaul and Washington—an area with high traffic counts of approximately 26,700 cars per day.
The property generates $200,292 in annual rental income with operating expenses of $58,210±, resulting in a net operating income of $142,082± and a cap rate of 7.25%. Surrounding demographics are favorable, with a population of over 281,000 within a 5-mile radius and median household incomes approaching $65,000. The offering includes building signage and proximity to major amenities, enhancing tenant appeal and long-term value.
Built in 1983 and maintained in excellent condition, the building features steel frame and stucco construction, a TPO roof installed in 2014, and a layout that includes ground-floor retail and second-floor office suites. The site benefits from MX-M zoning, allowing for a mix of commercial uses, and is positioned at the intersection of Menaul and Washington—an area with high traffic counts of approximately 26,700 cars per day.
The property generates $200,292 in annual rental income with operating expenses of $58,210±, resulting in a net operating income of $142,082± and a cap rate of 7.25%. Surrounding demographics are favorable, with a population of over 281,000 within a 5-mile radius and median household incomes approaching $65,000. The offering includes building signage and proximity to major amenities, enhancing tenant appeal and long-term value.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
17,730 SF
Building Class
B
Year Built
1983
Price
$2,463,121 CAD
Price Per SF
$138.92 CAD
Cap Rate
7.40%
NOI
$182,155 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.75 AC
Zoning
MX-M - Mixed Use - Moderate Intensity
Parking
42 Spaces (2.37 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 1-017-059-193248-3-13-18 | Improvements Assessment | $448,978 CAD |
| Land Assessment | $114,149 CAD | Total Assessment | $563,128 CAD |
Property Taxes
Parcel Number
1-017-059-193248-3-13-18
Land Assessment
$114,149 CAD
Improvements Assessment
$448,978 CAD
Total Assessment
$563,128 CAD
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