Legacy Shops @ Journal Center

5161 Lang Ave NE, Albuquerque, NM 87109

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Property Information

  • For Sale $3,930,000/SF
  • Property Type Retail
  • Property Size 8,645 SF
  • Lot Size 1.41 Acre
  • Cap Rate % 7.5
  • Year Built 2017
  • Date Updated Aug 10, 2026

Description

• Consistent and predictable income stream

• Favorable positive leverage

• Guaranteed annual rent escalations

• Long-standing, stable tenancy anchored by established local businesses since 2019

• Strategically located and well-constructed asset within the highly desirable North I-25 corridor, offering exceptional visibility from Interstate 25 and Paseo del Norte

• NNN leases providing insulated and consistent cash flow

• Dynamic location amidst a thriving ecosystem of retail, office, and Class A multifamily developments

• Situated within the premier Journal Center Office Park, benefiting from a significant daytime population in the larger North I-25 submarket

• Shadow-anchored by New Mexico’s exclusive Bass Pro Shops, a dominant regional retail destination

• Enhanced local amenity with the presence of Restoration Pizza and Magnolia Cafe, addressing significant demand for dining options on the West Side of I-25

 

Contacts

Location

Located at 5161 Lang Ave NE, Albuquerque, NM 87109, this property is part of the Loop Industrial District neighborhood and Albuquerque market.

  • 39/100 Car-Dependent
  • 20/100 Minimal Transit
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