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4201-4207 Lomas Blvd NE
Albuquerque, NM 87110

Rate Upon Request

Freestanding For Lease

Property Details

  • Property Type Freestanding
  • Year Built 1956
  • Total Building Size 5,388 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning MX-M
40 Transit Score
78 Walk Score

Description

4201-4209 Lomas is a freestanding retail/office building that has been used for the
last decade by a single business to grow their online retail store and have expanded
to a new facility. The property is now available for sale or lease with flexible options.
The building has been opened up to all be used as one space but can easily be returned to four separate suites if needed. It features a car port with drive-thru potential on the east end of the building, a fenced yard to the rear of the building and an 8’x8’ roll-up door that leads to a dock-high platform on suite 4201. Ceiling heights are 8’-10’ throughout and are ready for tenant’s build-out depending on the need. Seller prefers to sell on a real estate contract and has offered terms of 25% down, 6.75% interest, 25 years amortization on a 10 year call.

The University submarket has undergone some big changes over the past couple of years with both local and national retail investment. Starbucks constructed a new location directly to the east of this building at the corner of Lomas and Washington and High and Dry Brewing opened their doors to the SE on Adams St, both bringing more customers to this specific area. This building sits right up on Lomas Blvd with exposure to over 19,000 cars per day with excellent monument and building signage. Access is great with left in/left out from the west end of the property where parking is currently located outside of the fenced area.

Highlights

Mid-sized retail/office building available north of Nob Hill
Perfect for owner-user or value-add investor - building can accommodate up to 4 tenants
Great building features include 8’x8’ roll-up door for deliveries, fenced yard space and car port
Stellar location joining Humble Coffee, Starbucks, High & Dry Brewing, Sprouts, True Value & Ace Hardware

Property Flyers

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Downtown Albuquerque (Rail Runner Express - New Mexico Rail Runner Express) 8 min - 3.4 mi
Montaño Station (NMRX - Rio Metro Regional Transit District) 12 min - 5.3 mi
AirportDriveWalkDistance
Albuquerque International Sunport 19 min - 7.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes