5301 Menaul Blvd NE Albuquerque, NM 87110

For Sale POA
Property Details

5301 Menaul Blvd NE Albuquerque, NM 87110

For Sale POA

5301 Menaul Retail

Retail - Albuquerque NM

LOCATION: 5301 Menaul Blvd. NE, Albuquerque, NM 87110

ZONING: MX-M, City of Albuquerque

LAND AREA: 2.6114+/- square feet

BUILDING: 30,000 +/- square feet in the Four Story Tower
Plus approx. 32,000± Square Feet in the Retail Showroom & Offices
TOTAL: Approx. 62,000± Total Square Feet

TRAFFIC COUNTS: 31,300 on Menaul, 36,700 on San Mateo

PRICE: $3,990,000

INCOME: $252,000/Year, NNN for Baillio’s
Plus $15,600/Year for Verizon Cell Tower
TOTAL: $267,600/Year Income

RENTAL INCREASES: 2% Annual Increases in the Rent for Baillio’s

OPTIONS TO EXTEND: Three 5 Year Options to Extend

CAP RATE: 6.71%


  1 Mile 3 Miles 5 Miles
Total Population 6,888 55,900 138,735
Median HH Income $45,437 $42,196 $44,504
Average HH Income $57,214 $60,332 $62,477


REMARKS: The Tenant occupies the entire four story tower, the retail showroom and offices. This retail investment property is located near the busy intersection of Menaul & San Mateo, is located in a highly sought after retail corridor, it is in heavy traffic area of Albuquerque, is located close to major shopping malls, and has easy access to I-40.

Property Features
  • Retail