Open Flex Space in Nob Hill with Yard

For Lease

127 Jefferson St NE, Albuquerque, NM 87108

There are currently 3 spaces available at this property. This building incorporates a total of 4,785 square feet. Of that, 2,871 square feet is rentable space. The general use of the property is designated as flex space. Units available for lease at Open Flex Space in Nob Hill with Yard include spaces that are described as flex space.
Current availabilities are located on multiple floors in the building. The largest available space at this property is 957 square feet. Listed spaces in this building start at a size of 957 square feet.
See more information under each individual listing below for additional details, such as divisible space, renewal options, lease type, possibility of sublease and more.

Space Available For Lease 3

Contacts

Jacob Lopez

Berkshire Hathaway NM Commercial Real Estate

broker
Jacob Lopez

Property Details

  • Property Type Flex Space - Flex Space
  • Property Size 4,785 SF
  • Lot Size 0.23 Acre
  • Zoning MX-M
  • Additional Rent $11.00/SF/YR
  • Parking Spaces Avail. 5
  • Parking Ratio 1.04 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1975
  • Date Updated Apr 22, 2026
  • Visibility/Traffic Count (VPD) 30,000
  • Electricity Service yes
  • Drop Down Power Outlets No
  • Fire Sprinklers Dry
  • HVAC Other

Positioned steps off Central Avenue — Albuquerque's most trafficked commercial spine — this versatile multi-suite property presents a compelling opportunity for owner-users, investors, and tenants alike. Sitting on .23 acres zoned MX-M (Mixed-Use Medium Intensity), one of Albuquerque's most flexible commercial designations, the property offers 2,871 total contiguous square feet across three individually divisible 957 SF suites — each featuring open-plan layouts ready for customization, two restrooms, and a gated secured yard ideal for contractors, service businesses, or any operation requiring outdoor storage or staging.

The property sits less than one mile from San Mateo Boulevard and Interstate I-40, with 30,000 VPD on Central Avenue and dedicated ingress/egress from the east property line. The surrounding trade area includes 253,827 residents within a 5-mile radius and an average household income of $69,355 — one of the densest and most active submarkets in New Mexico. The Central/Highland/Upper Nob Hill Metropolitan Redevelopment Area expansion brings city-backed tax abatements and TIF incentives to the corridor, and MX-M zoning supports future higher-density or mixed-use repositioning for long-term upside well beyond the current improvements.

For investors, the property supports a multi-tenant income strategy with the flexibility to lease one, two, or all three suites at market rate — while owner-users can occupy one suite and lease the remaining two to offset their cost basis.

Building & Site

  • 2,871 SF Total Contiguous Space
  • 957 SF Per Suite | 3 Divisible Suites
  • Available: 957 SF | 1,914 SF | 2,871 SF
  • .23 Acres
  • Zoned MX-M — Mixed-Use Medium Intensity
  • Open Work Area | Ready for Customization
  • 2 Restrooms Per Suite
  • Gated Secured Yard with Possible Yard Space
  • 6 Parking Spaces | 2/1,000 SF Parking Ratio
  • Dedicated Ingress/Egress from East Property Line

    Location

  • Directly off Central Avenue — Albuquerque's Primary Commercial Corridor
  • 30,000 VPD — Central Ave / Jackson St Going West
  • Less than 1 Mile from San Mateo Blvd & Interstate I-40
  • Trade Area — 5-Mile Radius

  • Population: 253,827
  • Average Household Income: $69,355
  • Daytime Employees: 215,755

    Investment & Zoning Upside

  • Located within the Central/Highland/Upper Nob Hill Metropolitan Redevelopment Area
  • Eligible for City-Backed Tax Abatements & TIF Incentives
  • MX-M Zoning Supports Future Higher-Density or Mixed-Use Repositioning
  • Strong Owner-User Play — Occupy One Suite, Lease the Remaining Two

 

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Getting around

  • 83/100

    Walk Score ®

  • 45/100

    Transit Score ®

  • 92/100

    Bike Score ®

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Location

  • City Albuquerque, NM
  • Neighborhood Highland Business
  • Zip Code 87108
  • Market Albuquerque

Points of Interest

  • Africa Train Station

    3.80 miles

  • Asia Train Station

    4.04 miles

  • Montaño

    4.53 miles

  • Tingley Station

    4.58 miles

  • Bernalillo County/International Sunport

    4.97 miles

  • Aquarium/Garden Station

    4.98 miles

  • Los Ranchos/Journal Center

    6.82 miles

  • Sandia Pueblo

    9.06 miles

  • Fill-Up

    0.34 miles

  • Y-Mart

    0.34 miles

  • Valero

    0.38 miles

  • Alon

    0.46 miles

  • Murphy Express

    0.66 miles

  • Pump-N-Save

    0.79 miles

  • Circle K

    0.96 miles

  • Smith's gas station

    1.09 miles

  • Tesla Supercharger

    2.27 miles

  • ChargePoint

    3.24 miles

  • Lomas Parking Structure

    1.39 miles

  • Cornell Parking Garage

    1.46 miles

  • Yale Parking Garage

    1.65 miles

  • New UNMH Parking Garage

    1.68 miles

  • Patient Lot

    1.76 miles

  • Central Lot

    1.76 miles

  • North Lot

    1.79 miles

  • Central New Mexico Community College Paid Parking

    1.79 miles

  • Jeanette Stromberg Lot

    1.80 miles

  • Maxwell Museum Parking

    1.84 miles

  • De Anza Motor Lodge

    0.13 miles

  • Hotel Zazz

    0.51 miles

  • Lazy H Motel

    0.59 miles

  • Hiway House

    0.87 miles

  • Barcelona Suites

    1.56 miles

  • American Inn & Suites

    1.65 miles

  • Sahara Motel

    1.77 miles

  • Hilton Garden Inn Albuquerque Uptown

    1.83 miles

  • Hampton Inn Albuquerque - University/Midtown

    1.88 miles

  • Motel 6 Albuquerque - I-40 - San Mateo

    1.89 miles

  • Nob Hill Body and Soul Center

    0.40 miles

  • Sprouts Farmers Market

    0.59 miles

  • La Montañita Co-op Nob Hill

    0.67 miles

  • El Mezquite Market

    0.90 miles

  • Smith's

    1.00 miles

  • Bombay Spice

    1.12 miles

  • La Montanita

    1.49 miles

  • 999 Seafood Supermarket

    1.53 miles

  • Whole Foods Market

    1.71 miles

  • TJ Maxx

    2.05 miles

Contact Listing Broker
Jacob Lopez

Berkshire Hathaway NM Commercial Real Estate

  1. 1Main information
  2. 2Extra information
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