- For Lease $12.00/SF/YR
- Property Type Industrial - Manufacturing
- Property Size 10,450 SF
- Lot Size 3.8 Acre
- Property Tenancy Single Tenant
- Date Updated May 12, 2026
- HVAC None
Description
North side of Central Ave. between Juan Tabo Blvd. and Tramway Blvd.For Sale: $2,550,000 (entire 3.8-acre property with 10,450 SF warehouse)
Asking Price Breakdown:
• Warehouse: $1,550,000 ($148.33/SF)
• Land: $1,000,000 ($263,158/acre)
• Total: $2,550,000
For Lease: $12.00/SF/YR | 10,450 SF Warehouse
This 10,450 SF clear-span warehouse/flex building sits on a 3.8-acre MX-H-zoned parcel along Central Avenue in Albuquerque's East Central corridor. The building features 12'–19' ceiling heights, modern LED lighting, updated electrical, new insulation, and new HVAC units. Fully fenced and gated with direct Central Ave frontage and a large pylon sign.
The lease option covers the warehouse on approximately 0.88 acres. The remaining ~3 acres behind the building are available only as part of the full sale.
For an investor or developer, the back acreage presents a compelling opportunity. The MX-H zoning supports multifamily development, and the surrounding area is predominantly residential — townhomes or a small apartment project would be consistent with the neighborhood context. Access to the rear land from Central Ave is available, making the development potential actionable.
With immediate access to I-40 and the Big I interchange, this property works as an owner-user industrial play today, a straight land/development deal, or a combined investment.10,450 SF clear-span industrial building available for lease on Central Ave NE. The building features 12'–19' ceiling heights, new insulation, skylights, LED lighting, and a partial new roof. Fully fenced and gated with strong visibility and signage from Central Ave. Excellent freeway access to I-40 and the Big I interchange.
Lease Rate: $12.00/SF NNN
True
1 Space Available
12815 Central Ave. NE
Space Type
Flex - Industrial
Lease Rate
$12.00/SF/YR
Total Space
10,450 SF
Divisible Space
10,450 - 10,450 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Contacts
Paul Cook
SVN | Walt Arnold Commercial Brokerage
Location
Located at 12815 Central Avenue Northeast, Albuquerque, NM 87121, this property is part of the Singing Arrow neighborhood and Albuquerque market.
Contact Listing Broker
Paul Cook
SVN | Walt Arnold Commercial Brokerage