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Menaul Blvd NE Flex Space 4009-4011 Menaul Blvd NE 4,500 SF Retail Building Albuquerque, NM 87110 $449,000 ($99.78/SF)



Investment Highlights
- This 4,500-square-foot flex space is great for a single owner/user or an owner/user wanting to lease one half and generate rental income.
- Property features include warehouse space with two overhead doors accessible at the property's north side.
- Floor plan breaks down to two easily divisible suites.
- There is secure parking in the rear, perfect for overnight parking, and there is highly visible monument signage.
Executive Summary
4009 Menaul is a 4,500-square-foot flex space and presents an excellent property for an owner/user needing small warehouse space and a front office/reception area. The property can easily be demised for two users and features warehouse space accessible through two overhead doors via the rear (north) alley. There is an open reception/showroom area and multiple private offices. Additionally, a fully secured parking spot on the property's northwest side is great for overnight parking. The property has excellent retail frontage and highly visible monument signage.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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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 | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,500 SF
Building Class
C
Year Built
1959
Price
$449,000
Price Per SF
$99.78
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.17 AC
Zoning
MX-M - Mixed Use - Moderate Intensity
Parking
4 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
37’ on Menaul Blvd
Amenities
- Pylon Sign
- Signage
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1-017-059-163277-2-02-02 | Improvements Assessment | $83,298 |
| Land Assessment | $18,625 | Total Assessment | $101,923 |
Property Taxes
Parcel Number
1-017-059-163277-2-02-02
Land Assessment
$18,625
Improvements Assessment
$83,298
Total Assessment
$101,923
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Menaul Blvd NE Flex Space | 4009-4011 Menaul Blvd NE
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