Former Walgreens Available for Sublease | Central & Carlisle
5201 Central Ave NE, Albuquerque, NM 87108
14,204
SF Available- Rare large format drive-thru availability along Central Ave
- Signalized hard corner at two major arterials
- Superior visibility and multiple full access points
- Excellent exposure with traffic counts in excess of 40,200 VPD
- Near the Louisiana Albuquerque Rapid Transit (ART) stop
- Sublease with Walgreens to expire on January 15, 2033
Rental Details
- Number of spaces 1
- Total square feet available 14,204 SF
- For Lease Contact for pricing
- Space Types Retail
- Date Updated May 20, 2026
Reach out to the broker for more info on lease terms and amenities
True
For Lease 1 Space Available
Space Available |
Ben Perich
Colliers |
Contacts
Colliers
Building Details
- For Lease Contact for pricing
- Property Type Retail
- Year Built 2004
- Date Updated May 20, 2026
Getting Around
-
Walk Score ®
Very Walkable (86) -
Transit Score ®
Some Transit (45) -
Bike Score ®
Very Bikeable (87)
Location
- City Albuquerque, NM
- Neighborhood Highland Business
- Zip Code 87108
- Market Albuquerque
Points of Interest
Asia Train Station
4.42 miles
Montaño
4.79 miles
Tingley Station
4.96 miles
Bernalillo County/International Sunport
5.20 miles
Aquarium/Garden Station
5.36 miles
Los Ranchos/Journal Center
6.98 miles
Sandia Pueblo
9.15 miles
Pump-N-Save
0.48 miles
Valero
0.54 miles
Circle K
0.57 miles
Fill-Up
0.60 miles
Y-Mart
0.62 miles
Alon
0.75 miles
Smith's gas station
0.84 miles
Tesla Supercharger
2.54 miles
ChargePoint
3.62 miles
Employee Lot J
1.72 miles
Lomas Parking Structure
1.77 miles
Two Park Square Visitor Parking
1.81 miles
Park Square Parking Garage
1.82 miles
Cornell Parking Garage
1.84 miles
Underground Parking Entry
2.01 miles
Recreational Storage
2.02 miles
Yale Parking Garage
2.03 miles
New UNMH Parking Garage
2.06 miles
Sprouts Farmers Market
0.57 miles
Bombay Spice
0.74 miles
Nob Hill Body and Soul Center
0.78 miles
Smith's
0.79 miles
La Montañita Co-op Nob Hill
1.05 miles
999 Seafood Supermarket
1.34 miles
TJ Maxx
1.82 miles
Walmart Neighborhood Market
1.83 miles
La Montanita
1.87 miles
5201 Central Ave NE Listing Summary
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The Price for Retail Space at 5201 Central Ave NE
The cost of renting retail space in a property highly depends on features such as its location, parking availability and type of retail space, or advantages and features that might be unique to it. For details on asking rent or information on other costs, use the contact form available on this page to reach out to the property representative.
5201 Central Ave NE is located in the Highland Business neighborhood, which is home to a total of 8 retail listing(s). In the case of most businesses that need retail space, access to potential customers is critical. This can come in the form of retail space situated in high-traffic pedestrian areas, or convenient suburban locations with good public transport or plenty of parking. Reach out to the listing broker for information on best parking and other access options at or near the property.
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Retail Space Options Available at 5201 Central Ave NE
The property exclusively contains Retail space totaling 14,204 square feet.
In addition to retail space type, you will also need to consider the space size that you need for your business to operate at its best. The property includes 1 large retail space(s) of more than 10,000 square feet, which is typically a good choice for businesses that need lots of showroom space or the flexibility to set up specialized operations. For more information or to schedule a tour of the property, reach out using the contact form on this page to get in touch with a broker.
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Get to Know the Retail Scene in the Highland Business Neighborhood
5201 Central Ave NE is located in the Highland Business neighborhood of Albuquerque. The Highland Business retail market offers 8 retail listing(s), representing a total of 267,934 square feet of retail space for lease.
When looking for retail space for your company, picking the right area is essential. Some neighborhoods have a long history of being top shopping destinations in general, while others gain a reputation for strongly representing a specific type of business. In addition to knowing the reputation of your chosen business location neighborhood, it’s also important to know your customer base. For instance, the average Highland Business resident is 38 years old, and the median household income here is $42,724 per year.
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