For Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
Name |
Barbara Kline |
Email |
barbara@go-absolute.net |
Phone |
5057206593 |
Size |
+/- 3,400 SF |
Number of Spaces |
6 parking spaces |
This property is in the Southeast Heights area of Albuquerque. It is one lot south of Zuni Rd, which is a main east west arterial connecting to Louisiana Blvd, Central Ave and Wyoming Blvd. The neighborhood comprises single and multi-family homes and a variety of retail, convenience stores, medical clinics, storage units and other businesses. The property is 2.5 miles from I-40 and 5 miles from I-25. Central Avenue, which is 3 blocks north of the site is the primary corridor of ART (Albuquerque Rapid Transit) line, which runs nearly the entire east-west width of the city.
For Sale
Name |
Barbara Kline |
Email |
barbara@go-absolute.net |
Phone |
5057206593 |
Size |
+/- 4254 sq. ft. |
This property, which has been used for the construction and storage of crating materials for more than 40 years is ideally suited for light manufacturing, construction, storage and other uses with its large, secure yard and comfortably sized warehouse. Nestled in the North Valley but only 3 minute from I-25, 20 minutes from Sunport and 10 minutes from Albuquerque’s trucking and railroad hub, this property is outside the heavy commercial zone, yet easily accessible to major transportation routes. The fully-fenced yard contains a 1,000 sf office with heating and refrigerated air and a 4210+ sf warehouse on .8784 acres. Several outbuildings are included in the offer. Possibility of owner financing.
For Lease
Name |
Tosh Hoshino |
Email |
tosh@go-absolute.net |
Phone |
5058030387 |
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
0.2896 acres |
Lease Type |
NNN |
Property Type |
Office/Retail |
Number of Spaces |
2 |
Absolute Investment Realty has been selected as the exclusive representative of the owner of 2108 Central Ave SE Unit B and 2108 Central Ave SE Unit C. The property consist of Unit B 1,850 SF and Unit C +/- 850 SF combined +/- 2,700 SF Retail or Office Spaces. The land size is approximately 0.2896 acre. Highly desirable strip center consist of successful restaurants/small businesses with excellent building signage. Access to the property is convenient with parking right on the Central Ave SE and shared parking behind the property. Current zoning is (IDO) MX-M, Mixed-use Moderate, which allows for a wide variety of commercial uses.
For Sale
Name |
Tosh Hoshino |
Email |
tosh@go-absolute.net |
Phone |
5058030387 |
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
7.0 |
Size |
1.325 acres |
Number of Spaces |
20 |
Absolute Investment Realty is the exclusive representative of 4200 Prospect Ave NE mobile home park. This is a rare opportunity to acquire a 20 unit, 100% leased, fully operating mobile home park centrally located in the heart of Albuquerque, NM’s near-north east heights neighborhood. Adding to the desirability of the location, the park is convenient to grocery stores (Wal-Mart, Whole Foods, Smiths), all major retailers, the states largest shopping malls, dining, and almost all other consumer services. The park is low maintenance and has no amenities for the landlord to keep-up. The new owner of this property has the opportunity to significantly increase NOI by billing back operating expenses resulting in an estimated potential cash on cash return of over 15%. Rent rolls and detailed financials available upon executed confidentiality agreement.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Name |
Tosh Hoshino |
Email |
tosh@go-absolute.net |
Phone |
5058030387 |
Size |
2,155 SF |
For Lease
Name |
Rita Cordova |
Email |
rita@go-absolute.net |
Phone |
505-489-8538 |
Size |
0.2617 acres |
Absolute Investment Realty has been selected to exclusively represent this beautiful property located at 1211 4th Street S.W. This attractive property boasts beautiful wood and tile floors, 3 A/C units, full kitchen, conference room and 4 spacious offices. The site also has a large gated yard as well as storage in the basement. The office was recently utilized as Paulson Plumbing & Mechanical, which makes it perfect for a contractor, roofer or any company that has a need for both enclosed storage and gated yard. Property could be utilized as a live/work space or utilized as 2 separate office/business spaces due to separate entrances. Must see to appreciate. Property has been exceptionally maintained.
For Lease and Sale
Name |
Rita Cordova |
Email |
rita@go-absolute.net |
Phone |
505-489-8538 |
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
0.1578 acres |
Absolute Investment Realty has been selected to exclusively represent this beautiful property located at 625 San Mateo N.E. This attractive property was recently renovated with tile flooring, white walls and 1 ADA bathroom per suite. Each suite has lots of natural light, refrigerated air with excellent access and excellent signage. Front and rear parking available for tenants and guests. This free-standing building is perfect for 3 suite retail or office property. Suites can be utilized separately or combined to +/- 2000 SF or +/- 3000 SF. Come see this great space and ask about potential opportunity to make it your own. Must see to appreciate.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Name |
Chris Sioss |
Email |
chris@go-absolute.net |
Phone |
505-980-2820 |
Size |
135 - 900 SF |
Lease Type |
Full Service |
Property Type |
Executive Office |
Number of Spaces |
6 |
Absolute Investment Realty is the exclusive representative of 131 Madison St. This property has been well maintained and currently has 4 executive office spaces that can be leased together or separately. The spaces have a shared break room, conference room that can be shared or negotiated for lease as well. :Located just off Central (a.k.a historic Route 66), one of the busiest roads in the Albuquerque, it is convenient to the University of New Mexico, Downtown, Old Town and the Kirtland Air Force Base. Area co-tenants include a myriad of restaurants, banks, and services some of which include: Firestone, Dion’s, Loyola’s, Wendy’s, O\'Neill’s and Walmart
For Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
Size |
2.48 Acres |
Number of Spaces |
95 |
4488 SF |
Absolute Investment Realty is proud to present this opportunity consisting of a 95 unit (plus manager’s office and laundry facility), exterior corridor, two story mid-scale motel conveniently accessible off Interstate 25 in Socorro, NM. The property can be purchased for the purpose of meeting the lodging needs of Socorro or re-purposing to meet the housing needs in this busy college town. Socorro is known for being home to the New Mexico Institute of Mining and Technology which reports an undergraduate population of approximately 1,569 students. The Energetic Materials Research and Testing Center (EMRTC) is a major research and training division of New Mexico Tech, internationally recognized and has over 60 years of experience in explosives research and testing.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
+/-2,673 |
Lease Type |
NNN |
Property Type |
Retail/Fast Food |
+/-0.46 Acres | |
28 |
Absolute Investment Realty is proud to present this opportunity to lease this rare-free standing drive through located on a busy corner of Gibson Avenue, in Albuquerque, NM. This Property is serves a large residential population to the north and west and the high density day-time population of Kirtland Air Force Base, the VA Hospital, the Gibson Medical Center, and the Albuquerque International Sunport. The trade area is ideal for fast food and has most major brand names including: McDonalds, Starbucks, Burger King (under construction), Sonic, Subway, Twisters, Pizza 9. This turn-key restaurant was recently remodeled in 2016 with a new roof, hvac, paint, and vent hood upgrades. The building has been well maintained and is ready for occupancy. The property has excellent visibility and signage on Gibson Blvd and is located across from Starbucks, Gibson Medical Center, and the entrance to the VA Hospital.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
+/-1,800 SF |
Property Type |
Retail/Industrial |
MX-M |
Absolute Investment Realty has been selected as the exclusive representative of the owner of this fantastic downtown property. This property is an ideal owner/user, investment, or redevelopment opportunity. The property features 4 bay doors and small office space and is situated on +/- 0.26 Acres. The property is across the street from the US District Court and walking distance to the other 2 major court houses in Albuquerque. The north downtown trade area is the hub of the expanding brewery district and is walking distance to multiple breweries and restaurants. The property currently leased to Perfection Auto Detailing who operates a thriving auto detailing business. The tenancy is month to month and the tenant could remain at the property or vacate depending on the buyer’s desired use.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
For Lease and Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
For Lease
Name |
Rita Cordova |
Email |
rita@go-absolute.net |
Phone |
505-489-8538 |
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
For Lease
Name |
Chris Sioss |
Email |
chris@go-absolute.net |
Phone |
505-980-2820 |
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
For Lease and Sale
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
For Sale
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
For Lease and Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
For Lease
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
For Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
For Sale
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
10.17 |
Size |
+/-5,153 SF |
Property Type |
Office/Retail |
MX-L |
Absolute Investment Realty is proud to present this opportunity to purchase a mid-century modern multi-tenant office building just minutes from the University of New Mexico Hospital, Law School and Medical School. Located in a dense and higher income neighborhood, the location is ideal for an owner user or investor to acquire an extremely well maintained and updated office building in the UNM/Midtown area. Located in close proximity to many amenities and just ½ mile from I-40, the property offers a quiet residential feel while also promoting good occupancy with it’s mature landscaping, great access and limited area vacancy. The property, well below replacement cost, is an ideal investment in a stable and desirable area.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
0.44 acres |
Property Type |
Industrial |
Absolute Investment Realty has been selected as the exclusive representative of the owner of this national-credit, single-tenant net leased industrial property located at 5311 Oakland Ave, Albuquerque, NM 87113. This 11 year old property is located in one of the most desirable trade areas of Albuquerque. Harrington Industrial Plastics is private US based supplier of industrial plastic piping and has operated at this property since it was built in 2007. The building consists of approximately 20% office space and 80% warehouse space with 3 roll up garage doors. The property is fully paved with easy access to I-25. This property is an opportunity for an investor or owner user to acquire a well-maintained industrial property in a high-demand trade area. The buyer of this property can either negotiate a new lease at market rate with the existing tenant, or enjoy the income for the remainder of the term and re-let or occupy the property.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
6.50% |
Size |
1.02 acres |
Lease Type |
NNN |
Building Size |
+/-8,000 SF |
Absolute Investment Realty has been selected as the exclusive representative of the owner of this rare opportunity to own a 10-year sale leaseback with the Great Southwest Council Boy Scouts of America which was founded in 1924 to serve New Mexico, Southern Colorado, South East Utah, and North East Arizona. The property is located at 5841 Office Blvd. NE, Albuqueqrue, NM 87109. The Boy Scouts commissioned this purpose built building in 1985 to serve as their regional headquarters. The property currently serves as their main office and scouting supply retail outlet. The property is located in the North I-25 Corridor of Albuquerque, which is one of the most desirable office/industrial trade areas in the state of NM. The well maintained +/- 8,000 SF building is configured with approximately 5,000 SF of office space and approximately 3,000 SF of retail space which is leased to Boy Scouts of America as a scouting supply retail outlet. The 1.02 acres property has ample parking and excess land for future expansion.
For Sale
Name |
Rita Cordova |
Email |
rita@go-absolute.net |
Phone |
505-489-8538 |
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
This Property is located just south of Interstate 40, and West of 98th street. It is near by some of the city’s government department sites including, Albuquerque Fire Department, Animal Welfare and the Emergency Management office. There are many homes and subdivisions close by as well as gas stations and restaurants just a little way further up Central Ave. including McDonald’s, Church’s Chicken, Denny\'s, Burger King and Jack in The Box. It is located toward the west end of Albuquerque, close to travel shops such as Loves\' Truck Stop and American RV Park for those traveling to and from the city. SD-WC-CLI Zoning incorporates many uses based upon the County’s existing C-LI and C-2 Zoning. Permissive uses include Hotels, Motels, Resorts, Drive In Restaurants, Truck Plaza, Automotive Sales including Auto Body Repair, Rental and Storage as well as Camp Grounds.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Lease Type |
NNN |
Absolute Investment Realty has been chosen as the exclusive representative for the sale of this Absolute NNN Leased investment property. The Tenant, Murphy Oil USA, Inc. USA (Moody’s Ba1 credit rating; BB+ S&P credit rating) has executed a 20 year ground lease for the property where it will build and operate a gas station and convenience store with a license to sell package alcohol. The tenant is responsible for all development and construction of the property. The 20 year lease term will commence the earlier of either the day the tenant opens for business or 4/18/2018. The rent increases 10% every 5 years for the duration of the initial term and all option terms. The property is located just north of a freeway on/off ramp on a primary corridor in one of the most desirable trade areas of Albuquerque. Walmart, 3 regional malls and a regional hospital are all located within a 1 mile radius from the property. As of October 20, 2017 the tenant has completed approximately one year of due-diligence, waived all contingences and is in the process of finalizing it’s permits to develop the property. Additionally, the tenant has acquired a liquor license and has completed the lengthy approval process to sell package liquor. In New Mexico, a retailer package liquor license is typically a significant investment in both time and money, emphasizing the tenant’s commitment to the location.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
0.57 acres |
Lease Type |
NNN |
Property Type |
restaurant |
Parking Spaces |
30 |
Absolute Investment Realty has been selected as the exclusive representative of the owner of 4214 Central Ave. SE Albuquerque, NM 87108, a restaurant ready space located in Nob Hill, Albuquerque’s trendy shopping and dining district. The property is a few feet from an ART stop and across from two of Albuquerque’s newest mixed us projects. The building was recently remodeled with high-end finishes throughout and is restaurant ready with the majority of restaurant infrastructure in place including floor drains, hood & ventilation system, and bar. Included with the lease is approximately 24 additional parking stalls located just south of the building. The spacious dining area features large store-front glass and a private dining area for large parties or events. This is a rare opportunity for a restaurant in one of the most desirable trade areas of Albuquerque
For Sale
Name |
Rita Cordova |
Email |
rita@go-absolute.net |
Phone |
505-489-8538 |
Size |
1570 SF |
CCR-3 |
Located directly off Quincy, and just north of Central, this property is an easily accessible location from all directions. Being previously utilized as a successful massage therapy office for 36 years as Vitality Works, the property has great potential to be used as a chiropractor’s office or a dental office due to the layout of the 6 private offices with plumbing and a secured reception area. Owner could potentially buy property and lease out separate rooms to individual massage therapists. Property has plumbing that can be accessed in every room. Central heating with swap cooler. Property has large shared parking lot.
For Lease
Name |
Tosh Hoshino |
Email |
tosh@go-absolute.net |
Phone |
5058030387 |
Name |
Rita Cordova |
Email |
rita@go-absolute.net |
Phone |
505-489-8538 |
Lease Type |
Modified Gross |
Property Type |
Office Space |
Affordable office space in excellent neighborhood. Each suite has private access, signage and flexible lease terms. Located just minutes from the University of New Mexico Hospital and The University, this location offers the nicest office space available in the area. With dense surrounding demographics, the space is idea for medical, clinical or financial services. Located across the street from one of Smith\'s Grocery Store’s busiest locations in the city and just South of Whole Foods, the area has a proved record of success. Just off the signalized corner of Constitution and Carlisle, the property has full turn access on constitution which allows for ease of traffic flow.
For Lease
Name |
Rita Cordova |
Email |
rita@go-absolute.net |
Phone |
505-489-8538 |
Size |
1420 SF |
Lease Type |
NNN |
Absolute Investment Realty has been selected as the exclusive representative for lease of this very clean and well maintained Turnkey Restaurant property. Its ideal corner location makes the property perfect to attract large amounts of visitors, and has great visibility to the surrounding businesses and roads. Excellent signage also is able to advertise the property to the large numbers of traffickers. Its close proximity to the popular Uptown dining and shopping center, as well as the Coronado mall also brings in a large variety of customers. The property has occupancy and seating for up to 40 people and features parking directly in front of the property. Pride of ownership shows in the way this property has been meticulously maintained. The building features a full restaurant build-out. There is also two functioning bathrooms. The restaurant business, fixtures, furnishings and equipment may be purchased separately – see broker for details.
For Sale
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
Size |
0.22 acres |
Absolute Investment Realty has been selected to exclusively represent the owner in the sale of this excellent Old Town area redevelopment opportunity. The properties are located in one of the busiest trade areas of the city at the heart of one of the most desirable and highest tourism trafficked areas. This property has fantastic access from both 12th Street and Mountain. This Old Town area is an established destination for day-time and evening retail, restaurant and shopping. The site is idea for a mix use, residential, retail or office redevelopment.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
+/-2,000-5,500 SF |
Land Size |
+/- 0.5- 1.8217 Acres |
This property is in an area that serves several major employers and is excellently located for a restaurant or brewery, being adjacent to 6 major branded hotels with over 4,500 hotel beds in the trade area. It is near large apartment complexes and is also drive-through permissible. The owner will build to suit.
For Lease
Name |
Rita Cordova |
Email |
rita@go-absolute.net |
Phone |
505-489-8538 |
Size |
+/-3,800 SF |
Lease Type |
Modified Gross |
Property Type |
Office |
Number of Spaces |
5 |
Located directly off Louisiana, and just south of Central, this property is in an easily accessible location from all directions. Being previously utilized as a non-profit daycare facility, the property has great potential to be used as a contractor’s office due to the spacious and open work area as well as large garage opening. The building itself is in great condition with all new electrical and HVAC with Cap 5 wiring. This building and location has many features that contribute to its uniqueness.
For Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
Size |
3950 SF/0.38 acres |
Property Type |
Building |
This property is located on Jefferson St, right off of Central Ave in the Nob Hill area. Central Ave, Old Route 66, is one of the busiest streets in the heart of Albuquerque, NM. Jefferson serves a residential population to the north and the day-time population of local businesses. This property had HVAC and Plumbing done within the last 2 years. Large parking lot. Property has a CCR-3 zoning. Tenant is Twin City Optical a division of Essilor Labs. Central provides access to the University Area. This area has a variety of retail. Central avenue is a main arterial in Albuquerque and runs the entire east-west length of the city. It provides highly necessary access to I-25. Area co-tenants include: Firestone, Bank of America, Media Arts Center, Oneill’s Pub.
For Lease
Name |
Chris Sioss |
Email |
chris@go-absolute.net |
Phone |
505-980-2820 |
Size |
1.84 acres |
Lease Type |
NNN |
Property Type |
Retail |
ONE SUITE LEFT! Central Plaza is a high profile shopping center located on Central Ave near Louisiana Blvd. The property has an excellent tenant mix including anchor tenant Family Dollar, Central Laundry and La Michoacán Heladeria (ice cream shop). The center offers great visibility from the street along with excellent monument signage visible to both east and west bound traffic. The last suite available in the center is a 1,500 sf vanilla shell located in-between ice cream shop and laundromat. This suite is ideally suited for a nail or hair salon, cell phone store, check cashing, insurance, restaurant, loan company, tax accountant. Landlords are willing to work with any tenant for the right deal. All offers will be considered. Don’t miss this unique opportunity to join a center that has undergone extensive recent capital improvements.
For Lease
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
Size |
+/-10,000 SF-19,572 SF |
2.5 acres |
This Freestanding Northeast Heights property is ideal for various uses including retail, office, religious facility, self storage and can be easily subdivided for a multi-tenant redevelopment. The building has an excellent curb appeal, abundant parking and an entitled drive-thru.
For Lease
Name |
Chris Sioss |
Email |
chris@go-absolute.net |
Phone |
505-980-2820 |
Size |
+/-3,388 SF |
Lease Type |
Modified Gross |
Property Type |
Office |
The space contains private office space, a conference room, open work area, break room, and a server room. The modern building design and well maintained grounds also boasts lots of windows, functional layout and great street visibility for any type of business. The office neighboring tenant is Armada Physical Therapy. This is a great opportunity for your client to join a well maintained office building.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
Cap Rate |
6.5% |
Size |
12563 |
Lease Type |
NNN |
Property Type |
Retail |
The completely remodeled building is a masonry building with concrete and steel roof structure. The Roof features a brand new TPO roof with a 15 year warranty which is transferrable to the new owner. The original parking area was completely removed to the dirt and re-graded and paved. The building features all new HVAC, electrical and storefront. About the Location Situated in the Edo (East Down Town) neighborhood of Albuquerque, New Mexico, the property has fantastic corner access and excellent visibility. Broadway Ave. is a primary corridor running north to south through the entire city and eventually becoming highway 47. The trade area is one of the most densely populated areas of the city, yet is lacking in services. Family Dollar expects very strong sales as reflected by the premium rent of $120,000 per year. Lending more validity to the strength of the location, the neighborhood has been eagerly awaiting the store opening and submitted letters of support for the project. The downtown trade area is the fastest growing area of the city with more residential units per planned than any other submarket. Edo in particular has experienced increased home prices and a recent revitalization.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
10 |
Size |
2.046 AC |
Property Type |
Investment |
The property is located between Carlisle and San Mateo Blvd. on the corner of Menaul Blvd. and Morningside. Menaul Blvd. is a primary commercial corridor in Albuquerque serving the entire east side of the city. The zoning, location and size of this property make it an ideal re-development candidate. The property features multiple income streams reducing the buyers risk to over-exposure. The property consists of a 23 slot mobile home park, an operating car wash, a retail building fronting Menaul and a multi-tenant office building along Morningside. The commercial portion of the property is 100% occupied and the mobile home park only has 2 vacancies.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
4750 |
Property Type |
NNN |
Absolute Investment Realty has been selected as the exclusive representative for the sale of the owner of this Absolute NNN leased Title Max located at one of the busiest intersections in Albuquerque, NM. The property is corporately guaranteed by TMX Finance, LLC of Savannah, GA. The building was recently refurbished for Title Max, who is responsible for all maintenance of the Property. Because of zoning regulations, no new title-loan businesses can be located within 1 mile of this property. This, combined with the premium location, helps make this property highly desirable for the tenant, and reduce risk to the owner. The below market rent ($16.80/SF) also contributes to the fundamentals of this investment opportunity.
For Sale
Size |
+/- 9500 |
+/- 0.6313 |
This property is located on Central Avenue, one of the busiest streets in Albuquerque, NM. This area serves a large residential population to the north and south and the high density day-time population of the University of New Mexico, Kirtland Air Force Base, Sandia Labs, and the numerous retailers in this trade area. Area co-tenants include: University of New Mexico Health, CVS Pharmacy, Lindo Mexico Restaurant, The Downs Casino and Racetrack, Subway, Expo New Mexico, Fulton Motors, Central Cabana, Central Trailer Supply, Circle K, McDonald’s, Taco Bell and KFC.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
+/- 2410 |
Lease Type |
NNN |
Property Type |
Retail |
Absolute Investment Realty has been chosen as the exclusive leasing representative of the owner of the Cinema Center – a destination dining oriented shopping center located in the heart of the North I-25 Corridor in Albuquerque, NM. This trade area contains the highest concentration of office square footage in the state of NM and some of the highest traffic counts in the state. The property is located just off I-25 (163,600 VPD) near the Jefferson overpass and has signage visible from the freeway. The property is accessible from the frontage road, and Office Blvd and is adjacent to the city’s most popular shopping and dining destinations and the states largest movie theater. The building has been well maintained and features a new TPO roof, new HVAC system, roll-up glass garage doors and tremendous signage opportunity. Area co-tenants include: Cinemark 24 screen theater, Pappadeux, Red Robin, Costco, Sam’s Club, Home Depot, Cheddars, Fudruckers, PF Chang’s, etc.
For Sale
Cap Rate |
7.1% |
Size |
+/- 0.5725 Acres |
Absolute Investment Realty has been selected as the exclusive representative of this opportunity to purchase a retail investment or owner occupant property including land and building. Located in the lovely Old Town trade area along the Route 66 and Central Avenue commuter corridor in Albuquerque New Mexico. With 42% occupancy this building is perfect for an owner occupant requiring a 1450 SF suite for their retail use. However, the high interest in leasing the vacant space is also well suited to an offsite investor as the space can promptly be 100% leased.
For Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
Size |
+/- 0.41 |
Zoning |
C-3 |
This property is located on Menaul Blvd., one of the busiest streets in the NE Heights submarket of Albuquerque, NM. It serves a large retail population and the day-time population of Albuquerque Uptown, The Center for Development and Disability, University Hospital, and many neighboring industrial, office, hospitality and retail businesses. Menaul Blvd. provides access to the primary shopping districts and retail centers including Coronado Center, Hoffmantown Center, Albuquerque Uptown, and offers shopping on every block plus access to the Uptown financial centers. Menaul flows though the Big-I with access to I 25 via Pan American Freeway and I-40 via Carlisle. Menaul Blvd. is a main arterial in Albuquerque and runs length of the NE Heights to the valley. Area co-tenants include: Applebee’s, The Range, Crown Plaza Hotel and The Rancher’s Club, Little Anita’s, Motel 6, Days Inn, Fairfield Inn, Holiday Inn, Blake’s, Sonic, American Furniture, Cost Plus World Market, Snap Fitness and Village Inn.
For Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
Size |
+/- 0.6389 |
Zoning |
C-3 |
This property is located on Old Coors Drive, one of the busiest streets in the heart of the Southwest submarket of Albuquerque, NM. It serves a large residential population to the south and west and the day-time population of Verizon Wireless, industrial, auto-related, grocery and restaurant businesses. Old Coors Drive provides access to the underserved South Valley region of Albuquerque and Bernalillo County. This area has the highest number of home owners in the city resulting in increased expendable income. Coors Blvd. is a main West Side arterial in Albuquerque and runs the entire north-south length of the city. It provides highly necessary access to I-40. Area co-tenants include: Verizon Wireless Call Center, Samon’s, Jiffy Lube, Dion’s Pizza, Subway, Papa John’s, Big Lot’s, Bank of Albuquerque, Smith’s, Sonic , Taco Bell, Valero and Albertson’s.
For Lease
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
Size |
+/- 900 sq. ft |
This remodeled contemporary office or studio space in the Nob Hill / Hiland area of Albuquerque features private enclosed parking, full bathroom with walk-in shower and a kitchenette with washer and dryer hookups. Centrally located just east of the intersection of Central Ave. (a.k.a historic Route 66), and Washington Blvd., the property is ideally positioned to serve the dense surrounding residential and day-time business population. The property is convenient to the University of New Mexico, downtown, old town and the Kirtland Air Force Base. Central avenue is a main arterial in Albuquerque, runs the entire east-west length of the city and provides access to I-25. Area co-tenants include a myriad of restaurants, banks, and services some of which include: Firestone, Bank of America, Media Arts Center, O\'Neill\'s Pub, Wendy’s, Advanced Auto, Walgreens, Carl’s Jr. and many more.
For Sale
Size |
+/- 0.326 |
zoning |
C-3 |
This Southeast Warehouse Complex is centrally located just south of The Downs Casino, the State Fairgrounds and Central Avenue. Close to I-40 via Louisiana, with Uptown shopping at Coronado and Winrock, and Kirtland Air Force Base to the south, this is a centralized location for most C-3 and light industrial users.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
6.00% |
Size |
+/- 0.46 |
About the Tenant: The tenant, Sizzling Caesars, LLC, is Little Caesar’s largest franchisee with approximately 225 stores in 5 states (Utah, Colorado, New Mexico, Texas, and Washington) and 2 countries (US, Mexico). The tenant is a subsidiary of Salt Lake City, Utah based Sizzling Platter, LLC. Sizzling Platter was founded in 1963 and operates several restaurant brands including Dunkin Donuts, Sizzler, Red Robin, Ruby River and other independent restaurants. About Little Caesars Pizza: Little Caesars Pizza, founded by Mike and Marian Ilitch, began in Garden City, Michigan on May 8, 1959. More than 50 years later, Little Caesars is the largest carry out pizza chain in the world and an internationally known brand. The success of Little Caesars allowed Mike and Marian to own other businesses in the food, sports and entertainment industries, including the Detroit Red Wings and Olympia Entertainment, among others. Just like Little Caesars, Mike and Marian’s businesses are synonymous with “fun.” Little Caesars Pizza has a history of innovation from the first carry-out pizza chain, to the famous 2 for 1 “Pizza Pizza” concept, to the $5.00 pizza. Little Caesars continues to innovate to provide more value to more people in more places. This means business opportunities for entrepreneurs, new stores across the world, tasty and convenient new products, and marketing innovations that delight customers. Most importantly, Little Caesars remains focused on what it does best: providing top-quality pizza made with fresh ingredients at a great price!
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
7.00% |
About the Property. Built in 2006, Acequia de Corrales is a unique, trophy quality retail shopping center anchored by the popular Flying Star Café and located at the intersection of two primary corridors (Corrales/Coors Road and Hwy 528/Alameda Blvd.) on the west side of Albuquerque, NM. The location, architecture styling and tenant mix help add to the long term viability of this asset. About the Location. By being located at the intersection of Cottonwood and Corrales, this property is the best of both worlds: The Cottonwood trade area has over 4.1M square feet of retail space, the most in state of the New Mexico, and a vacancy rate of 3.6%. Annual retail spending in the Cottonwood trade area is $69.2M. Corrales, on the other-hand is a quaint high end semi-rural community with annual household income over $80,000 per year within a 3 mile radius. The property is located across from a busy Sprouts anchored shopping center and benefits from over 43,300 VPD on HWY 528/Alameda and 11,700 VPD on Coors/Corrales. As one of only 7 river crossing in the MSA, Alameda is vital to both commuters and consumers alike. About the Tenants. The shopping center provides the rare opportunity for regional tenants with unique offerings to be located in a high-end center with affordable rents and still reap the rewards of being located next to a major retail trade area. The tenant mix has been carefully selected to provide vital goods and services while maintaining an upscale experience. In addition to the Flying Star Café, Acequia de Corrales has a high end salon (Studio N), hearing care (Albuquerque Hearing Associates), Pilates (Body Rehab Pilates), and gifts and home goods (Nomads and Albuquerque Olive Oil Company).
For Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
Size |
+/- 0.64 acres |
C-1 |
This property is located on Juan Tabo Blvd. near the Candelaria intersection. It is one of the busiest streets in the NE Heights submarket of Albuquerque, NM. It serves a large residential population and the day-time population of many neighboring office, hospitality and retail businesses. Currently Leased. Excellent location for future development. Perhaps a fast food restaurant, a tap room, or any type of retail. Juan Tabo Blvd is a main arterial through the NE part of Albuquerque connecting to I-40. Candelaria Blvd. is a main arterial in Albuquerque and runs length of the NE Heights to the valley. Area co-tenants include: Lowe’s Home Improvement, Albertsons, Twister’s, Defined Fitness, Autozone, Nusenda Credit Union, Discount Tire, O’Neills, Bank of the West.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
6.00% |
About the Location: Located just off I25 at the Alameda exit in the highly desirable north-I25 corridor of Albuquerque, NM. The property has excellent visibility to nearly 120,000 vehicles per day and shares ingress and egress with Chevron, Staybridge Suites and Comfort Inn. The north-I25 corridor is the fastest growing area of the north-east heights submarket of Albuquerque, has one of the highest income demographics and the most office and industrial square footage in the city. The trade area also includes a high concentration 0f hotels, car dealers and major retailers including Lowes, Target, Carmax, Carl’s Jr. Chipotle, and McDonalds.
For Lease and Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
+/- 0.43 Acres |
Zoning |
C-1 |
This property is located on Gibson Blvd., one of the busiest streets in the SE Heights submarket of Albuquerque, NM. It serves a large residential population to the north and west and the high density day-time population of the Albuquerque Sunport, Kirtland Air Force Base, the VA Hospital, and the Gibson Medical Center. Gibson Blvd. has 2 primary air force base entrances, provides access to the Albuquerque International Sunport, the Veterans Administration regional hospital, and has direct access to I 25. San Mateo Blvd. is a main arterial in Albuquerque and runs the entire north-south length of the city. Area co-tenants include: Brake Masters, Jiffy Lube, Cervantes Restaurant and Lounge, Subway, Pizza 9, Twisters, Filibertos, Starbucks, McDonald’s, Taco Bell and KFC.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
4.50 |
Lease Type |
NNN |
For Lease
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
Size |
+/- 1.67 Acres |
Lease Type |
NNN |
SU-1 |
The property, ideally situated on Alameda Blvd., affords a tenant the opportunity to lease all or part of an existing +/- 11,000 sf property. Ownership will additionally consider a ground lease for the +/- 1.67 acres or a Build-to Suite opportunity. Strategically positioned in the heart of the Cottonwood Trade Area, Albuquerque’s densest retail corridor, the property offers unmatched access, visibility at an attractive price point.
For Sale
Name |
Consuelo Horne |
Email |
consuelo@go-absolute.net |
Phone |
505-730-7395 |
Size |
+/- .80 |
Property Type |
Industrial |
Zoning |
C-1 |
This property is located on Unser Blvd in Rio Rancho. Rio Rancho is a city right outside of Albuquerque city limits. Rio Rancho is a growing community with several residential areas to the north. Unser Blvd is a main artery from Albuquerque to Rio Rancho. It connects a main retail area on Southern and Unser Blvd intersection with the growing retail area on Northern and Unser Blvd intersection.
For Lease
Name |
Jeremy Nelson |
Email |
jeremy@go-absolute.net |
Phone |
505-610-1655 |
Size |
+/- 50000 |
Number of Spaces |
1 |
Busy and Well established trade area Located on high traffic Menaul Blvd with 28,000 VPD Join Concentra and Computer Corner Neighborhood Tenants include Walmart, Cost Plus, Furniture Row, Mattress Firm, McDonalds and many others
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
15 Acres |
Number of Spaces |
43 |
Absolute Investment Realty has been selected to exclusively represent the owner in the sale of 10401 & 10205 Central NW, a strategically located Mobile Home Park and Event Center with extra land for development. The property is located in the desirable Southwest Mesa neighborhood of Albuquerque, NM. Overall Description. The Property is comprised of 15 Acres, 5 of which is operating as Loma Vista MHP. The popular Club Rio event center is located on the adjacent parcels. The entire 10 acre parcel could be redeveloped to expand the MHP or the owner could retain Club Rio and develop up to 7 acres as a MHP or other use.
For Lease
Size |
+/- 1,648 SF |
Lease Type |
NNN |
Property Type |
Retail/Office |
Number of Spaces |
1 |
Great Location Plenty of Parking Excellent Nob Hill co-tenancy Walking distance to restaurants and Route 66 Central Ave, Frontage well as Silver Ave Frontage Open floor plan
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
+/- 615 - +/- 764 SF |
Lease Type |
Modified Gross |
Property Type |
Retail/Office |
Number of Spaces |
3 |
Number of Parking Spaces |
20+ |
Zoning |
CCR2 |
Total Number of Units |
10 |
Nob Hill Court located on Historic Rout 66 at the heart of one of the most desirable and highest traffic throughways in the city. This property has fantastic access with excellent visibility along Central Ave. The Nob Hill destination is a growing destination for day-time and evening retail, restaurant, medical and office users.
For Lease
Name |
Chris Sioss |
Email |
chris@go-absolute.net |
Phone |
505-980-2820 |
Size |
+/- 2000 |
Lease Type |
NNN |
Property Type |
Retail |
Number of Spaces |
1 |
The property is convenient to the University of New Mexico, downtown, Old Town and the Kirtland Air Force Base. Central avenue is a main arterial in Albuquerque, runs the entire east-west length of the city and provides access to I-25. Area co-tenants include a myriad of restaurants, banks, and services some of which include: Thai Vegan, Ragin Shrimp, Frame City, Matrix Fine Art, University Lodge, Peoples Flower Shop and La Montanita Coop and many more.
For Sale
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Cap Rate |
9 |
Size |
1.15 Acres |
Property Type |
Mobile Home Park |
Number of Spaces |
16 |
This is a rare opportunity to acquire a 16 unit, 100% leased, fully operating mobile home park. The property is adjacent to Mountain View Elementary School and is located in a quiet neighborhood in the heart of Albuquerque’s South Valley with easy access to 2nd St. Recent capital improvements include new paving and a new solar powered automatic entry gate. The new owner of this property has the opportunity to significantly increase NOI by increasing rates to market and billing back operating expenses. With these simple changes, pro-forma cash on cash return could be nearly 25% (see pro-forma included in the following page.
For Lease
Name |
Alfredo Barrenechea |
Email |
alfredo@go-absolute.net |
Phone |
505-401-0135 |
Size |
1409 SF |
Lease Type |
NNN |
Property Type |
Office/Retail |
Number of Spaces |
1 |
Property Type |
The property is near Albuquerque’s most famous attractions including the Albuquerque Aquarium and Bio Bio Park, Tingly Beach, the Albuquerque Museum, Natural History Museum, and Explora children\'s museum. The Property is at the intersection of 12th street (a freeway exit and one of the primary gateways to downtown), Central Avenue, and Tijeras and is ideally suited for an office, a coffee shop, brewery or tap room, a café or a restaurant.