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University Retail Sale Investment 3 Retail Properties Offered at $1,180,000 in Albuquerque, NM
INVESTMENT HIGHLIGHTS
- Great owner occupier opportunity.
- Visible to over 20,000 daily passing vehicles.
- Fully equipped restaurant and bar with two walk-in coolers.
- Adjacent to the Laguna Burger, Flock of Moons Beer Garden, and the University of New Mexico with over 23,000 students.
EXECUTIVE SUMMARY
2216 Central Avenue SE is ideally located in the heart of Albuquerque’s walkable and energetic Nob Hill district, near the southwest corner of Central Avenue and Harvard Drive. This highly visible corner sees over 20,000 cars daily and benefits from steady pedestrian traffic generated by the surrounding restaurants, shops, and neighborhood charm.
The property sits directly across from the University of New Mexico, which enrolls over 18,000 students per semester. This proximity provides a built-in customer base and helps drive consistent activity throughout the year.
The area continues to grow and attract new tenants, including Laguna Burger, which recently opened a location in the Brick Light District. Known for its award-winning green chile cheeseburgers, Laguna Burger brings even more energy and visibility to this already vibrant corridor.
Additionally, UNM has broken ground on its new Center for Collaborative Arts & Technology (CCAT) just a few blocks away. Designed by the internationally recognized firm Diller Scofidio + Renfro, this 60,000-square-foot facility will serve as a cutting-edge hub for innovation, creativity, and interdisciplinary arts education—further enhancing the cultural and economic vitality of the University Area.
These developments reinforce the area’s status as one of the city’s most desirable dining, culture, and business destinations.
The property sits directly across from the University of New Mexico, which enrolls over 18,000 students per semester. This proximity provides a built-in customer base and helps drive consistent activity throughout the year.
The area continues to grow and attract new tenants, including Laguna Burger, which recently opened a location in the Brick Light District. Known for its award-winning green chile cheeseburgers, Laguna Burger brings even more energy and visibility to this already vibrant corridor.
Additionally, UNM has broken ground on its new Center for Collaborative Arts & Technology (CCAT) just a few blocks away. Designed by the internationally recognized firm Diller Scofidio + Renfro, this 60,000-square-foot facility will serve as a cutting-edge hub for innovation, creativity, and interdisciplinary arts education—further enhancing the cultural and economic vitality of the University Area.
These developments reinforce the area’s status as one of the city’s most desirable dining, culture, and business destinations.
PROPERTY FACTS
| Price | $1,180,000 | Number of Properties | 3 |
| Price / SF | $191.16 / SF | Individually For Sale | 0 |
| Cap Rate | 4.98% | Total Building Size | 6,173 SF |
| Sale Type | Investment | Total Land Area | 0.55 AC |
| Status | Active |
| Price | $1,180,000 |
| Price / SF | $191.16 / SF |
| Cap Rate | 4.98% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,173 SF |
| Total Land Area | 0.55 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2216 Central Ave SE, Albuquerque, NM 87106 | Retail | 2,473 SF | 1947 | - |
| 2210-2212 Central Ave SE, Albuquerque, NM 87106 | Retail | 2,200 SF | 1947 | - |
| 2222 Central Ave SE, Albuquerque, NM 87106 | Retail | 1,500 SF | 1947 | - |
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