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Freestanding Retail Near Airport 5800 Gibson Blvd SE 1,400 SF Retail Building Albuquerque, NM 87108 $558,080 CAD ($398.63 CAD/SF)
INVESTMENT HIGHLIGHTS
- 5800 Gibson Boulevard SE presents a freestanding retail building on a signalized hard corner, enabling prime visibility.
- Offered to the market with flexible options to sublease (master lease expires 1/31/27), start a new lease, or purchase.
- Easy access from both Gibson and San Pedro and frontage to over 20,000 vehicles per day.
- Originally constructed for a Papa John's pizzeria, the building was most recently used as a cannabis dispensary.
- Prominent building location with large building signage and pylon signage at the corner.
- Great draw from the Kirtland Air Force Base, Sandia National Labs, the VA, UNM, and just 2.5 miles from the Albuquerque Sunport.
EXECUTIVE SUMMARY
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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,400 SF
Building Class
C
Year Built
1977
Price
$558,080 CAD
Price Per SF
$398.63 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.34 AC
Zoning
MX-L (formerly C-1) - MX-L (formerly C-1)
Parking
14 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
131’ on Gibson Blvd
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1-018-055-272524-1-01-21 | Improvements Assessment | $22,471 CAD |
| Land Assessment | $42,038 CAD | Total Assessment | $64,509 CAD |
PROPERTY TAXES
Parcel Number
1-018-055-272524-1-01-21
Land Assessment
$42,038 CAD
Improvements Assessment
$22,471 CAD
Total Assessment
$64,509 CAD
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Freestanding Retail Near Airport | 5800 Gibson Blvd SE
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