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1520 Lomas Boulevard NW

Albuquerque, NM 87104
  • $800,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 1098123
UPDATED: 70 min ago
$800,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Stabilized NNN Investment | 8.25% Cap RateExceptional opportunity to acquire a stabilized commercial asset with a strong 8.25% cap rate supported by a 5-year NNN lease in place. Prime location directly off Lomas and Central with high vehicle counts, excellent visibility, and prominent signage along a major retail corridor.The property features a strong lease history and is zoned and configured for a variety of retail uses, offering long-term flexibility and future leasing upside. Ideal for investors seeking dependable cash flow in a high-traffic, highly visible retail location.

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IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2026-03-11T21:05:16.46.
www.sandisells.com/homes/172940009
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1520 Lomas Boulevard NW Albuquerque, NM 87104

  • Price: $800,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 70 min ago
  • MLS #: 1098123
0
Beds
0
Baths
0
½ Baths
0.25
Acres
Neighborhood:
80 - Downtown Area
County:
Bernalillo
Area:
80 - Downtown Area
Property Description
Stabilized NNN Investment | 8.25% Cap RateExceptional opportunity to acquire a stabilized commercial asset with a strong 8.25% cap rate supported by a 5-year NNN lease in place. Prime location directly off Lomas and Central with high vehicle counts, excellent visibility, and prominent signage along a major retail corridor.The property features a strong lease history and is zoned and configured for a variety of retail uses, offering long-term flexibility and future leasing upside. Ideal for investors seeking dependable cash flow in a high-traffic, highly visible retail location.
Exterior Features

Construction Materials Block Frame Stucco Parking Features Guest Off Site On Site Parking Total 20 Road Frontage Type City Street Road Surface Type Paved Stories Total 1

Interior Features

Cooling Evaporative Cooling Cooling YN Yes Electric 220 Volts Electric On Property YN Yes Heating Natural Gas Heating YN Yes

Property Features

Accessibility Features Wheelchair Access Building Area Total 3029 Land Lease YN No Leasable Area 100 Lease Considered YN No Lease Term 5 Years Listing Agreement Exclusive Right To Sell Listing Terms Cash Conventional Lease Lease Option Owner May Carry Property Sub Type Retail Tax Annual Amount 5414.9 Tenant Pays Common Area Maintenance Exterior Maintenance Insurance Taxes Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected Zoning Description MX- L*

Southwest MLS] logo Listing courtesy of Keller Williams Realty: (505) 271-8200. © 2026 Southwest Multiple Listing Service, Inc.


IDX information © 2026 The Southwest Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by The Southwest Multiple Listing Service or Sandi Pressley Team | Coldwell Banker Legacy. Data last updated: 2026-03-11T21:05:16.46.
 
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Sandi Pressley Team | Coldwell Banker Legacy
10400 Academy Rd NE Suite 100
Alburquerque NM, 87111