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4900 Central Ave SE
Albuquerque, NM 87108
High Traffic Drive Thru Opportunity · Retail Property For Sale
Executive Summary
Investment Opportunity on Central Ave SE
This freestanding ±2,413 SF retail building offers an exceptional opportunity along Albuquerque’s iconic Central Avenue corridor. The property is positioned on a hard corner with excellent visibility and easy access, surrounded by established national and local retailers.
A long-term 12-year lease remains in place, offering a potential investment opportunity. The current tenant has gone dark, creating a unique opportunity for investors to secure a property with built-in lease value and possible upside potential.
Located in a high-traffic area with strong daytime and residential demographics, this site benefits from consistent exposure along one of Albuquerque’s busiest thoroughfares. The property includes a dedicated drive-thru, ample parking, and strong visibility to both east and westbound traffic.
Contact the listing broker for lease details and financial information.
PROPERTY HIGHLIGHTS:
» Freestanding Drive-Thru Building on Central Ave SE — one of Albuquerque’s busiest commercial corridors
» Long-Term 12-Year Lease in Place — tenant has gone dark, creating strong repositioning or investment potential
» Excellent Visibility & Access with frontage along Central and convenient ingress/egress
» High Traffic Counts with consistent daily activity from commuters, local residents, and nearby businesses
» Surrounded by National & Local Retailers — strong commercial synergy in the area
» Ample On-Site Parking supporting drive-thru and dine-in traffic
» Located in a Dense Trade Area with strong demographics and steady daytime population
This freestanding ±2,413 SF retail building offers an exceptional opportunity along Albuquerque’s iconic Central Avenue corridor. The property is positioned on a hard corner with excellent visibility and easy access, surrounded by established national and local retailers.
A long-term 12-year lease remains in place, offering a potential investment opportunity. The current tenant has gone dark, creating a unique opportunity for investors to secure a property with built-in lease value and possible upside potential.
Located in a high-traffic area with strong daytime and residential demographics, this site benefits from consistent exposure along one of Albuquerque’s busiest thoroughfares. The property includes a dedicated drive-thru, ample parking, and strong visibility to both east and westbound traffic.
Contact the listing broker for lease details and financial information.
PROPERTY HIGHLIGHTS:
» Freestanding Drive-Thru Building on Central Ave SE — one of Albuquerque’s busiest commercial corridors
» Long-Term 12-Year Lease in Place — tenant has gone dark, creating strong repositioning or investment potential
» Excellent Visibility & Access with frontage along Central and convenient ingress/egress
» High Traffic Counts with consistent daily activity from commuters, local residents, and nearby businesses
» Surrounded by National & Local Retailers — strong commercial synergy in the area
» Ample On-Site Parking supporting drive-thru and dine-in traffic
» Located in a Dense Trade Area with strong demographics and steady daytime population
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,413 SF
Building Class
C
Year Built
1977
Price
$750,000
Price Per SF
$310.82
Cap Rate
14.32%
NOI
$107,400
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.34 AC
Zoning
MX-M
Frontage
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 1-017-057-422180-4-27-03 | Improvements Assessment | $142,552 |
| Land Assessment | $27,497 | Total Assessment | $170,049 |
Property Taxes
Parcel Number
1-017-057-422180-4-27-03
Land Assessment
$27,497
Improvements Assessment
$142,552
Total Assessment
$170,049
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