Home / Albuquerque / Downtown Area / MLS #1098123
1520 Lomas Boulevard NW
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1520 Lomas Boulevard NW
1520 Lomas Boulevard NW
1520 Lomas Boulevard NW
1520 Lomas Boulevard NW
1520 Lomas Boulevard NW
1520 Lomas Boulevard NW

1520 Lomas Boulevard NW

Albuquerque, NM 87104

$800,000
3,029 sqft • 0.25 acres
$264
Per SQFT
02/10/2026
Listing Date
1098123
Listing #
87104
Zip Code
Bernalillo
County

About This Property

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.

Building And Construction

Property Type: Commercial Sale
Property Sub Type: Retail
Building Area Total: 3,029 sqft
Construction Materials: Block, Frame, Stucco

Exterior And Lot

Lot Size Acres: 0.25
Lot Size Square Feet: 10,846 sqft
Parking Features: Guest, Off Site, On Site
Parking Total: 20

Provisional

MLS #: 1098123
Leasable Area: 100 sqft
Lease Term: 5 Years
Listing Terms: Cash, Conventional, Lease, Lease Option, Owner May Carry
Tenant Pays: Common Area Maintenance, Exterior Maintenance, Insurance, Taxes

Area And Schools

City: Albuquerque
Postal Code: 87104
MLS Area Major: Downtown Area
County: Bernalillo
Accessibility Features: Wheelchair Access
Road Frontage Type: City Street
Road Surface Type: Paved
Parcel Number: 101305831419143009

Utilities

Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Cooling: Evaporative Cooling
Heating: Natural Gas
Heating (Y/N): Yes
Electric: 220 Volts
Electric On Property (YN): Yes

Location

Directions: From I-25 and Lomas, go west on Lomas. When you pass 15th St the property will be located on the south side of Lomas.

Mortgage Calculator

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Listing courtesy of Keller Williams Realty
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Daria Derebera Realtor

Daria Derebera

Real Estate Broker in Albuquerque, NM